Rexit Appoints Jason Yong as New CFO Following Former CFO’s Retirement

KUALA LUMPUR, 30 September 2025 - Rexit Berhad (“Rexit”), a leading Software-as-a-Service (SaaS) provider for the insurance and financial services industry, announced today the appointment of Jason Yong Qun Yong as its new Chief Financial Officer (CFO), effective October 1, 2025.

According to filings with Bursa Malaysia, Yong will succeed Chan Shih Fei, who is retiring after serving as CFO of the company since 2004.

Yong is a highly experienced finance professional with more than 15 years of expertise in financial management, corporate restructuring and governance. A Fellow of the Association of Chartered Certified Accountants (FCCA) and a member of the Malaysian Institute of Accountants (CA(M)), he is deeply committed to financial integrity and operational excellence.

Yong began his career with KPMG and BDO, gaining a strong foundation in internal controls, statutory reporting and risk assessment. He later progressed into Financial Controller roles, where he was instrumental in corporate restructurings, the implementation of GST-compliant systems and preparations for a potential IPO.

Prior to joining Rexit Berhad, Yong served as a Senior Financial Advisor at a boutique consultancy specialising in high-growth technology sectors. In this capacity, he worked closely with the leadership of emerging digital companies, guiding them through the challenges of rapid scaling. His contributions included establishing robust financial infrastructures, enhancing forecasting capabilities and implementing governance frameworks that strengthened investor confidence and supported long-term sustainability.

“We are delighted to welcome Jason Yong as the new CFO of Rexit Berhad,” said Tengku Tan Sri Dato’ Haji Mohamad Rizam Bin Tengku Abdul Aziz, Chairman of Rexit Berhad.

“Yong’s proven track record and unique skill-set will play a pivotal role as we continue to strengthen our operations and position Rexit Berhad for long-term growth. His expertise will further enhance our financial discipline and ensure that we remain well-prepared from a corporate governance and financial standpoint to deliver sustainable value creation to our shareholders and stakeholders,” he added.

Rexit Berhad also expressed its heartfelt appreciation to Chan Shih Fei for her two decades of invaluable service and dedication to the company. Throughout her tenure, she played an instrumental role in strengthening Rexit’s financial stewardship and supporting its growth journey. The company also extends its warmest wishes to her as she embarks on a new chapter in her life.