PETALING JAYA: Tan Yu Yeh, founder of the Mr DIY Group, will step down from his position as executive vice-chairman on April 17 for an advisory role.
Mr DIY said in a statement to Bursa Malaysia that Tan, 54, is to become an adviser to the home improvement retail group.
Tan is the primary shareholder of Mr DIY, with a 50.04% stake in Mr DIY through his investment firm, Bee Family Ltd, and a 0.32% direct stake. He has held the executive vice chairman position since June 2016.