Malton MD Lim Siew Fai passes away at 52

This article first appeared in The Edge Financial Daily, on May 24, 2019.
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KUALA LUMPUR: Malton Bhd managing director (MD) Lim Siew Fai has passed away at the age of 52.

Lim passed away on Tuesday, Malton said in a stock exchange filing yesterday.

He had been the managing director of the property developer since December 2015, and was a brother of Tan Sri Desmond Lim Siew Choon, Malton’s executive chairman and major shareholder.

Malton shares retreated 2.5 sen or 4.55% to close at 52.5 sen yesterday, giving the property developer a market capitalisation of RM277.27 million.