St Giles Hotels CEO, Abigail Tan : 3rd Gen of Tan family of IGB Group
Posted by Sparrow in New Gen, Listed on Bursa Malaysia on Jul 09, 2022 .From young she has had a fascination for the world of hotels. “It's like being transported to a different place,” she recalls everytime she steps foot into a new hotel. Born into a family that owns the global St Giles Hotels brand has something to do with it. During summer breaks from school Abigail would work as an apprentice with the St Giles team. After completing her tertiary studies, she officially joined the hotel group in 2009 as Director of Corporate Affairs and Strategic investments. After 9 years she...
TITIJAYA LAND's Executive Director, Charmiane Lim is substantial shareholder
Posted by Sparrow in New Gen, Listed on Bursa Malaysia on Jun 21, 2022 .CHARMAINE LIM joined her father's property development company, Titijaya Land Berhad in 2003 upon graduation from the University of Adelaide, Australia with a Bachelor of Commerce (Corporate Finance) degree. She has been responsible for overseeing all the marketing strategies and branding of the Titijaya projects which are principally in the Klang Valley besides learning all aspects of the business. She is a hands on person. Titijaya's projects include Taman Seri Residensi, Innovation...
TITIJAYA's Tan Sri Lim Soon Peng passes baton to son Lim Poh Yit
Posted by Sparrow in New Gen, Listed on Bursa Malaysia on Jun 20, 2022 .At 38, his father, Tan Sri Dato' Lim Soon Peng (66) handed the reins of listed TITIJAYA Land Berhad to him. LIM POH YIT was appointed Group MD of Titijaya on 31 March 2021. Not unexpected if a successor would be chosen that a son would most likely be the choice in Chinese family businesses.
Poh Yit holds a Bachelor of Commerce degree in Computing from Monash University, Australia. He joined his father and sister, Charmaine in Titijaya after graduation. Together they built several successful residential, commercial and integrated...
Tan Sri Azman's Family Privatised AMCORP Properties on Nov 2021
Posted by Sparrow in New Gen, Listed on Bursa Malaysia on Jun 20, 2022 .The family privatised AMCORP Properties Berhad (AmProp) last year and so AmProp is no longer listed on Bursa Malaysia w.e.f 22 November 2021. AmProp's results for FYE 31 March 2021 were total revenues of RM139.6 million and pre-tax profit RM24.57 million. Profit came mainly from Overseas Properties and the Renewable Energy division in Malaysia.
Bankside Yards (located along the South Bank of River Thames) and Kilmuir House in Belgravia (London Borough of Westminster) are the two significant...
Tan Sri Azman Hashim's son heads RCE Capital as Chairman
Posted by Sparrow in New Gen, Listed on Bursa Malaysia on Jun 20, 2022 .RCE Capital Berhad was formerly Rediffusion Bhd, a company which operates a wireless radio broadcasting station with two nationwide radio channels, 998 (in Chinese) and RED 104.9 (BM and English). In June 2003, the media broadcasting business was hived off to Star Commercial Publications. The name was changed to RCE Capital in October 2003.
RCE is a non-bank shariah compliant financial services provider within the Islamic financial eco-system. It gets its funding by issuing debt securities and pledging its financial...
Yong Yoon Li, 4th Generation at Royal Selangor Pewter
Posted by Sparrow in Family Business, Non-listed Companies on Dec 02, 2021 .When Tan Sri Yong Poh Kon handed the baton to his son, Yong Yoon Li to be Managing Director of Royal Selangor International Sdn Bhd (Royal Selangor) in late 2019, it was a grand moment in the family business world of Malaysia. Yoon Li would be holding the torch as the 4th generation to lead the world’s largest pewter company. His father, Tan Sri Yong, has led Royal Selangor in its growth trajectory since 1968 to become a global exporter of luxury pewter gifts.
It has not been easy to evolve the brand over time, but the success is evident in the accolades given to this 136-year-old company. Everyone knows Royal Selangor here and the...
Boh Tea, Russell Family’s Legacy
Posted by Sparrow in Family Business, Non-listed Companies on Nov 16, 2021 .The founder of BOH Plantations, John Archibald ‘Archie’ Russell (JA Russell) is British but the next two generations after him are born here and are Malaysians. The Russell family came to Malaya in the 1890s. JA Russell founded BOH in 1929.
JA Russell had only one son, Tristan Beauchamp Russell, father of Caroline Russell who is the current Executive Chairman of the BOH tea plantations group. Tristan retired in 2019 after leading the company through its biggest expansion over 53 years and handed the company over to Caroline to chair. He was Executive Chairman since 1969 but was working in the company since the 1950s. Caroline was the...
GRAB’s Anthony Tan and His US$40B SPAC Merger
Posted by Sparrow in Funds & Tech, PE Funds on Nov 01, 2021 .You have to hand it to him. Suave, persuasive, loaded with charisma, Grab’s Anthony Tan can swing a US$40 billion deal that has jaw dropping eyes popping responses among Asia’s tech community. It should be finalised by this last quarter of 2021.
Anthony Tan didn’t choose the direct IPO route for GRAB but a merger with a top SPAC and then go for a Nasdaq listing. Anthony knows the pulse of the investment world. Riding the wave when it comes is the key thing. Asia follows Wall Street. Special Purpose Acquisition Companies (SPAC) are set up to raise capital to acquire private companies. They are also called blank cheque companies...
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