Teladan appoints Allan Ngu as new CEO

KUALA LUMPUR: Teladan Group Bhd has appointed Allan Ngu Kea Ping as its CEO, starting Nov 1, 2025.

In a statement, the Melaka-based property developer said Ngu has over 21 years of experience spanning investment banking,

property development and investment, construction and trading of building materials, leisure and hospitality, as well as integrated poultry processing.

He began his career in investment banking, where he spent nine years with institutions such as Southern Investment Bank Berhad, Kuwait Finance House (Malaysia) Bhd, and RHB Investment Bank Bhd, gaining valuable experience in corporate advisory and capital market activities. 

He subsequently transitioned into the property development and investment industry, holding key senior management positions including Executive Director of Tropicana Corp Bhd, Executive Director of Grand Hoover Bhd, Executive Director of Setia Awan Group (Lagenda Properties Bhd), and Head of Strategic Investments at Aikbee Group.

In his previous role, Ngu was chief financial officer of Harumi Brands Sdn Bhd, an integrated poultry processing company based in Perak

 

"With Allan Ngu’s appointment, we are entering an exciting new chapter, one focused on scaling our portfolio beyond residential and commercial projects into industrial developments such as the Golden Valley Industrial Hub in Durian Tunggal and the German Technology Park in Ayer Keroh. 

"These initiatives reflect our strategic intent to capture opportunities arising from Malaysia’s manufacturing expansion and foreign investment inflows," said Teladan managing director Richard Teo Lay Ban.

According to Teo, the appointment will help to realise the full lpotential of Teladan's 837.9-acre land bank, with an estimated gross development value of RM2.85bil.