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KONE Malaysia appoints Edward Loy, Managing Director of Malaysia

Press Release Published 01/07/2016

KONE Malaysia, press release, January, 2016

KONE Malaysia has appointed Edward Loy, Managing Director of Malaysia as of 4 January 2016.

Edward Loy will succeed Lim Chong Hoe, who is retiring after 9 years of service at KONE. Prior to his retirement on 31 January 2016, Lim Chong Hoe will support Edward Loy during a transition period.

Edward Loy has a wealth of international and management experience. He will join KONE from San-Gobain Construction Products, where he has held various senior management positions during his 11-year stint; most recently, he was the Managing Director covering Malaysia, Singapore and Indonesia, based in Indonesia. Prior to San-Gobain, Edward Loy held several senior positions with PwC and Unilever during 1991 – 2004. Edward Loy has a Bachelor of Commerce (Economics and Accounting) from The Australian National University.

In welcoming Edward Loy’s appointment, Executive Vice President of Asia Pacific and Middle East, Neeraj Sharma said: “Edward’s expertise in the financial and construction sectors will bring a new dimension and we look forward to his contributions to growth of KONE Malaysia. We are confident that Edward will consolidate and build on the progress we have made in the past years.”

For further information, please contact:
Jove Xu, Marketing and Communications Manager, Southeast Asia, KONE Pte Ltd, tel. +65 6424 6246,

About KONE
KONE is one of the global leaders in the elevator and escalator industry. KONE's objective is to offer the best People Flow® experience by developing and delivering solutions that enable people to move smoothly, safely, comfortably and without waiting in buildings in an increasingly urbanizing environment. KONE provides industry-leading elevators, escalators, automatic building doors and integrated solutions to enhance the People Flow in and between buildings. KONE's services cover the entire lifetime of a building, from the design phase to maintenance, repairs and modernization solutions. In 2014, KONE had annual net sales of EUR 7.3 billion, and at the end of the year over 47,000 employees. KONE class B shares are listed on the NASDAQ OMX Helsinki Ltd. in Finland.

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