Mavcap welcomes Ter Leong Yap as its new chairman

• Founder and executive chairman of property player, Sunsuria Group
• Has a portfolio value of almost US$209mil managed directly, indirectly

Malaysia Venture Capital Management Bhd (MAVCAP), welcomes Ter Leong Yap as its new Chairman, effective 15 Dec 2023.

Ter, joins the Mavcap family with a wealth of experience through his current roles as the founder and Executive Chairman, Sunsuria Group; Honorary Advisor of the National Chamber of Commerce and Industry of Malaysia (NCCIM), Life Honorary President of The Associated Chinese Chambers of Commerce and Industry of Malaysia (ACCCIM); Life Honorary President of the Chinese Chamber of Commerce and Industry of Kuala Lumpur & Selangor (KLSCCCI). His influence extends beyond borders, having served on various Chambers of Commerce internationally.

“The Board and the Mavcap team are pleased to welcome Tan Sri Datuk Ter to the Board, bringing with him extensive entrepreneurship experience and his stewardship of various companies and institutions. We look forward to his leadership as we execute our strategic plan to deliver our mandate with the development of local Venture Capital (VC) talent, establishment of local VC companies and attracting foreign VCs and funding into Malaysia,” said Shahril Anas Hasan Aziz, Chief Executive Officer, Mavcap.

Ter has had a distinguished career, showcasing his expertise in entrepreneurship and board-level leadership experience. His achievements have been marked by the success of multiple publicly-listed entities across various sectors.