QL Resources Berhad
Posted by Sparrow in Family Business, Listed on Bursa Malaysia on Sep 21, 2021 .Dr Chia Song Kun (Dr SK Chia), 70, has come a long way from the days of collecting seashells with his siblings to supply to local feed millers. The Chia family lived in a fishing village in Kuala Selangor and seashells were plentiful. Collecting them was an arduous and back breaking task and transporting them to the feedmillers were no less a struggle but the family needed the extra income as there were many mouths to feed. Such shared experiences of growing up together in hardship have cemented the close bonds between the siblings.
Today, all the top management of listed QL Resources Berhad are members of the immediate Chia family and...
Rollney
Posted by Sparrow in Food, Food Entrepreneurs on Jun 03, 2021 .All it took was one trip to Hungary for Jaymond Tan and Rollney®️ Malaysia was brought to life. After falling in love at first bite with the delectable Hungarian chimney cake, officially known as Kürtőskalács / Kurtos Kalacs, Jaymond Tan set his sights on learning the traditional baking process and culture behind the dessert in hopes of marrying it with Malaysians’ diverse love for food. Extending his trip for another three months, Jaymond convinced the stall owner of where he had his first Kurtos Kalacs to share and teach him the recipe.
At the age of 19 in 2019, he became the founder of Rollney®️, opening its very first...
Joseph Tan, 2nd Gen at Chek Hup drives family brand forward
Posted by Sparrow in Family Business, Non-listed Companies on Apr 08, 2021 .Chek Hup means “prosperity and unity” in Cantonese. The Ipoh based Chek Hup group was founded by Tan Soo Hor and his wife, Chang Ngan Mooi in 1965 to sell rock sugar. Chek Hup’s logo shows a rabbit, a wheelbarrow and coffee beans. The rabbit symbolises purity and honesty. Its upright ears signifies happiness and positivity. The wheelbarrow symbolises pushing forward and staying ahead of the times. The coffee beans are the core products of the company.
By the 1990s the Tans had established its forte in the rock sugar business which had expanded to Singapore. They then decided to invest in the 3 in 1 instant coffee business catching...
Naoya Okada, 40, joins ranks of New Gen of Family controlled conglomerates in S.E. Asia
Posted by Sparrow in New Gen, Listed on Bursa Malaysia on Mar 14, 2024 .Naoya Okada will be the new MD of listed AEON Co. (M) Bhd with effect from 1 March 2024. He is currently Deputy MD. This will be the first time since AEON set foot in Malaysia in September 1984 that a family member of the Okada clan is taking the top reins of the business here. Naoya Okada joins the New Generation of family controlled businesses in Malaysia and Asia which are rising as an elite group of 21st century leaders of the corporate scene.
Naoya graduated with a Bachelor of Laws degree from Keio University, one of the prestigious...
Muda Holdings - Pioneer of first paper mill in Malaysia
Posted by Sparrow in Family Business, Listed on Bursa Malaysia on Jan 16, 2024 .Muda Holdings Berhad, listed on Bursa Malaysia, is the pioneer in the paper milling and paper packaging industry in Malaysia. Datuk Wira Lim Chiun Cheong's father, Tan Sri Lim Guan Teik (88) has been at the helm of Muda Group since the 1980s. He is now the Chairman while his son is MD.
The Muda Group grew to become one of the nation’s largest integrated manufacturers of industrial grade paper. Datuk Wira Lim Chiun Cheong (59) holds a Bachelor of Science Degree from Arizona State University, USA and a Bachelor of Law Degree from the University...
New Gen, Loo Yong Hui, 34, at helm of Swift Haulage
Posted by Sparrow in New Gen, Listed on Bursa Malaysia on Jan 16, 2024 .Running an integrated logistics provider which ranks as the top haulage company ( 1573 Prime Movers and 6, 373 trailers) in West Malaysia in terms of 20ft TEUs, and includes tight control over warehousing facilities and depots (10.9 million sq ft) , freight forwarding and 3,562 staff, is no mean task for a young engineer of 34. Loo Yong Hui is Group CEO of Swift Haulage Berhad which was listed on Bursa Malaysia on 21 Dec 2021.
Yong Hui holds a Bachelor’s degree in Chemical Engineering, University of Manchester, U.K. He joined...
YTL Corp's transformation from Construction origin to Power
Posted by Sparrow in Family Business, Listed on Bursa Malaysia on Jan 03, 2024 .Dato' Yeoh Seok Kian (66), Group MD of YTL Corporation Berhad (YTL Corp) is the second eldest son of Tan Sri Dato Seri Yeoh Tiong Lay, the founder of the YTL Group. He was appointed to the current position not long after his father passed away in October 2017 at the age of 88. Eldest brother, Tan Sri (Sir) Francis Yeoh Seok Ping (69) who was Group MD, was elevated to Executive Chairman of YTL Corp taking the chair which his father held up to his demise.
YTL Corp is one of the largest family controlled companies listed on the Main...
Farm Fresh's acquisition of Inside Scoop helps keep a Home Grown brand
Posted by Sparrow in Entrepreneurs, Listed on Bursa Malaysia on Oct 17, 2023 .Successful home grown premium ice cream brand Inside Scoop was acquired by Farm Fresh Berhad in February 2023. It was a welcome move that a Malaysian controlled company bought the controlling stake in Inside Scoop and not a PE fund or outsider.
PE funds are eyeing successful local brands and have acquired significant stakes in Malaysian food and health enterprises.
Read more in our epublication titled KEEP OUR HOMEGROWN BRANDS in sparrowsph.my
Copyright to Sparrow Publishing House © 2024