“Mulpha International CEO Gregory David Shaw retires after leading the group since 2016. The property and hospitality firm begins search for a new chief executive.”
Kuala Lumpur, 05th December 2025, 02.56pm – Mulpha International Bhd announced on Thursday that its long-serving chief executive officer, Gregory David Shaw, has officially retired.
Shaw, 66, has led the property development and hospitality group since December 2016. According to the company’s annual report, he does not hold directorships in any Malaysian listed or public companies.
Mulpha confirmed it has begun the process of identifying a successor.
An Australian national, Shaw graduated with a Bachelor of Commerce from the University of Queensland and has extensive leadership experience spanning the education, leisure, entertainment, property and financial sectors.
Before joining Mulpha, he served as CEO of three public-listed companies in Australia:
- Koala Corporation Australia (1990–1998)
- Port Douglas Reef Resorts (1998–2002)
- Ardent Leisure Group (2002–2015)
He first joined Mulpha in 2015 as CEO of Mulpha Australia Ltd, a wholly owned subsidiary, before taking over as group CEO the following year.
Mulpha’s board currently consists of executive chairman Lee Seng Huang, non-executive director Chew How Ping, senior independent non-executive director Geoffrey Earl Grady, and independent non-executive director Josephine Phan Su Han.
For the nine months ended Sept 30, 2025 (9MFY2025), the group’s net profit surged to RM293.74 million, significantly higher than RM1.55 million a year earlier, driven largely by gains from the disposal of its investment in Hydra RL Topco Pty Ltd.
However, revenue slipped 13% to RM648.57 million, pressured by softer performance across divisions and foreign exchange headwinds.
Mulpha’s share price closed flat at RM2.92 on Thursday, giving the group a market capitalisation of RM908.64 million. The stock has risen nearly 18% year to date.
