MK Land appoints two deputies to COO roles and flags renewable energy push
MK Land Holdings Bhd named Nazri Abdul Rahman and Frankie Chai deputy chief operating officers effective July 1, the company said.
Source: Mk Land Holdings Berhad · August 6, 2026 at 10:11 AM · AI-assisted report
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KUALA LUMPUR, 6 AUGUST 2026 —
KUALA LUMPUR — MK Land Holdings Bhd named Nazri Abdul Rahman and Frankie Chai as deputy chief operating officers, effective July 1, as part of a leadership restructuring to support its expanding property and renewable energy businesses.
Market Impact
Nazri, who joined MK Land as Senior General Manager of Group Corporate Services on July 1, 2022, has been redesignated to the new role, overseeing corporate services. With over 25 years of experience in strategic planning, business transformation, and stakeholder management, he brings expertise in corporate governance and operational efficiency.
Frankie Chai, who has been with MK Land for 22 years since his appointment as Financial Controller in 2019, has been promoted to deputy COO overseeing Group Finance, Renewable Energy & Risk. A member of the Malaysian Institute of Accountants and a certified ACCA professional, he previously worked in property development, IT consultancy, and trading.
The appointments follow the elevation of Ahmad Soalahuddin to Group COO in July 2023 and Dato’ Faris to Group CEO in July 2022, both of whom have over two decades of experience in township development, infrastructure, and financial advisory.
MK Land also highlighted its strategic entry into renewable energy, emphasizing sustainability as a core business pillar. In fiscal year 2023, the company completed its first large-scale solar photovoltaic plant in Kerian, Perak, through subsidiary Solar Citra Sdn Bhd. The plant achieved its Initial Operation Date on May 21, 2023, and Commercial Operation Date on May 30, 2023—seven months ahead of schedule—under the LSS4 program in Perak.
The solar plant is expected to generate clean energy and steady income through electricity sales, reinforcing MK Land’s commitment to long-term sustainability. The company described the project as a pioneering venture that aligns with its property development operations while advancing Malaysia’s renewable energy goals.
In its property segment, MK Land operates multiple townships across Malaysia, focusing on innovation and community-centric development. Its hospitality portfolio includes Bukit Merah Lake Town Resort and Ombak Villa Langkawi, both positioned as premium leisure destinations.
The leadership changes and renewable energy initiative signal MK Land’s intent to diversify its revenue streams and enhance operational resilience. The company did not provide financial projections or specific targets related to the new appointments or energy venture.
Analysts suggest the appointments may strengthen MK Land’s execution capabilities amid a competitive property market and growing demand for sustainable infrastructure. The renewable energy project, in particular, could offer long-term value through energy sales and potential carbon credit opportunities.
MK Land remains focused on integrating sustainability into its core operations while maintaining its position as a key player in Malaysia’s property and energy sectors. Further details on the financial impact and strategic roadmap are expected in upcoming disclosures.