- HHRG is poised to complete the development of a world class drag strip themed industrial park, positioned to benefit from Northern Malaysia’s industrialisation momentum driven by the Northern Corridor Economic Region (NCER)
- Appointment of a visionary and successful Malaysian business leader and philanthropist as Executive Chairman to steer HHRG’s strategic evolution and growth ambitions
KUALA LUMPUR, 4st September 2026 – HHRG Berhad (“HHRG” or “the Group”, Bursa: 0175) today announced the appointment of Tan Sri Dr. Syed Azman Syed Ibrahim ("Tan Sri Dr. Syed Azman") as its Executive Chairman.
In this role, Tan Sri Dr. Syed Azman will assume an active strategic leadership position, providing guidance and oversight in advancing one of HHRG’s current key initiatives – the Sungai Petani development, as well as its Kulim land bank – while contributing his extensive entrepreneurial expertise and international networking to evaluate investment and growth opportunities.
Returning to his roots as a Sungai Petani native, Tan Sri Dr. Syed Azman brings a distinguished legacy of entrepreneurship and business-building expertise. As the founder and owner of Weststar Group, a diversified and privately held conglomerate, he possesses extensive cross-industry experience spanning the aviation, defence, property, construction, automotive, energy, and food and beverage sectors.
His corporate acumen and deep international connections perfectly position him to rewrite HHRG’s next growth chapter and unlock the long-term value of its strategic assets.
A primary immediate focus for the new Executive Chairman is the Group’s 150-acre landbank in Sungai Petani, secured through its majority ownership in OPen Road (SP Circuit) Sdn. Bhd. (61%) and ORIC Development (SP) Sdn. Bhd. (51%).
The development has advanced significantly past the preliminary planning stages, with on-site earthworks currently nearing completion. Following a recent strategic site visit by Tan Sri Dr. Syed Azman to review the physical infrastructure progress, the Group is actively refining the commercial execution strategy for the integrated development, which will feature a world-class drag strip as its centrepiece and a motorsports-themed industrial park.
Building on the region’s industrial growth trajectory, Sungai Petani has continued to attract township investments across affordable, landed and master-planned residential segments. Its strategic connectivity via North–South Expressway, coupled with accessibility to key economic and industrial hubs that include Butterworth, Batu Kawan, Kulim, Penang and the wider northern region, has supported sustained interest in the location.
This momentum is further reaffirmed by Northern Malaysia’s industrialisation growth driven by the Northern Corridor Economic Region (NCER), aptly positioning HHRG to capitalise on the region’s long-term development potential.
Tan Sri Dr Syed Azman, Executive Chairman of HHRG, commenting on his appointment:
“It is especially meaningful to contribute to the future of Sungai Petani – my hometown, where my journey began. I look forward to working with the Board and management to provide strategic leadership in evaluating the Group’s development opportunities, beginning with this strategically located and high-potential development platform.
Drawing on my experience in building and growing businesses across diverse industries through Weststar Group, I am committed to supporting HHRG’s long-term growth strategy, disciplined investment approach, and value creation agenda. I also look forward to contributing towards the evaluation and advancement of HHRG’s integrated development vision in a manner that complements Sungai Petani and Kulim continued economic and industrial growth."
The Board of Directors of HHRG views the appointment as a strategic step to strengthen executive oversight and Board-management alignment as the Group advances its strategic priorities and development.
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