KUALA LUMPUR (Sept 15): Furniture and plastic ware business firm SWS Capital Bhd has appointed Ronnie Liu Tian Khiew as its new independent and non-executive director, effective Sept 15.

Liu, 65, served as Sg Pelek assemblyman from 2018 until August 2023. He quit Pakatan Harapan component party DAP in June this year, signalling an exit from politics.

Liu previously served as Selangor state executive councillor (exco) from 2008 to 2013 for Pandamaran.

Prior to joining politics, the DAP veteran worked in the advertising and copywriting industry, including the advertising department of Chinese newspaper, the Malayan Tong Bao. He also served as editor and writer at The Glasshouse magazine.

Meanwhile, SWS has appointed Ong Peng Teng, joining Liu, as independent and non-executive director.

Ong, 41, is a chartered and certified accountant of the Association of Chartered Certified Accountants.

SWS also announced the resignation of Khor Hun Nee as its independent and non-executive director, who leaves to pursue her own interests.

Khor, 45, joined SWS’ board in November last year. She currently sits on the boards of JAKS Resources Bhd, Fiamma Holdings Bhd and Asteel Group Bhd (formerly known as YKGI Holdings Bhd).

Shares in SWS settled up 1.5 sen or 4.69% to 33.5 sen on Friday, giving it a market capitalisation of RM92.15 million.