Dato' Sri Sulaiman Taib to transform Cahya Mata to global group
Posted by Sparrow in Family Business, Listed on Bursa Malaysia on Jan 26, 2024 .The Taib family of the longest serving Chief Minister of Sarawak and Malaysia, Tan Sri Abdul Taib Mahmud, controls listed Cahya Mata Sarawak Berhad. Cahya Mata began as Portland Cement manufacturer at Pending Industrial estate in 1974.More than 40 years later, Cahya Mata now has more than 35 companies in its portfolio.
For FYE 31 Dec 2022 the group recorded revenue of RM1.1 billion with Cement manufacturing (RM601.89m) as the biggest contributor to revenue. Cahya Mata is also a major telco company in the State through Sacofa.
At the...
After water industry exit, Puncak Niaga seeks to grow core sustainable businesses
Posted by Sparrow in Entrepreneurs, Listed on Bursa Malaysia on Mar 12, 2024 .Puncak Niaga Holdings Berhad was the first water treatment and supply concession company to be listed on Bursa Malaysia (8 July 1997). The company is headed by Bumiputera entrepreneur, Tan Sri Rozali bin Ismail, who is Executive Chairman/Founder and major shareholder of Puncak Niaga (beneficial interest in 39.16% of the issued shares). Tan Sri Rozali holds a Bachelor of Law degree from University of Malaya. He conceptualised Malaysia's first Islamic Banking Institution (Bank Islam Malaysia) in 1983. An award winning entrepreneur, he received the...
Empire Sushi Group expanding past 100 outlets
Posted by Sparrow in Food, Food Entrepreneurs on Feb 28, 2024 .Teluk Intan (Perak) girl, Nicole Lim Xui Jhi, loved eating sushi but the traditional Japanese sushi fare was expensive to eat in most establishments. Her boyfriend, Jordan Tan Sin Guan ( sushi chef), now husband and partner in Empire Sushi Group Sdn Bhd, shared her dreams of owning a sushi restaurant chain.Both are Chinese educated. In 2011 Empire Sushi was born.
The success of this Malaysian sushi chain (more than 100 outlets) over more than a decade has won Nicole Lim awards in the last few years inter alia- Sin Chew Business Excellence award 2019,...
Lingzhi Entrepreneur, Datuk Lim Siow Jin, builds up a billion Ringgit health supplements business
Posted by Sparrow in Entrepreneurs, Listed on Bursa Malaysia on Feb 27, 2024 .Lingzhi entrepreneur, Datuk Lim Siow Jin, built up his multi-million health food industry over 25 years. Lingzhi or Ganoderma is a prized medicinal herb of the fungus family. It has been used in traditional Chinese medicine for 2000 years for longevity and the treatment and prevention of various diseases. Lingzhi cultivation remains a big industry for China.For Datuk Lim to have succeeded in cultivating lingzhi, spirulina and various other herbs and ingredients across facilities in Malaysia, China, India, Indonesia and Mexico to...
New Gen, Muaz, 33, ED of Jaycorp, is grandson of Tan Sri Abdul Majid Khan
Posted by Sparrow in New Gen, Listed on Bursa Malaysia on Feb 26, 2024 .New Gen Muaz bin Jema Anton Khan joined the Board of listed Jaycorp Berhad on 24 June 2016. The company is controlled by the Khan family. Muaz graduated from University College London (UCL) with a BS.c. (Honours) in Human Genetics in 2011. He worked in CIMB Private Equity for a year and then joined the family run business at Jaycorp Berhad. In 2016 he was appointed as ED .
Jaycorp's principal business is the manufacture and sale of rubberwood furniture (about 60% of total revenue). The company was formerly Yeo Aik Resources Berhad when it was...
Tan Sri Ter Leong Yap diversifying Sunsuria into Health & Education
Posted by Sparrow in Entrepreneurs, Listed on Bursa Malaysia on Feb 26, 2024 .Tan Sri Datuk Ter Leong Yap's parents were Chinese school teachers in Meru, Klang. He was brought up with Confucian values of filial piety and the integrity of the "junzi" (righteous man) to do things in the right way. He is a graduate of the University of Malaya with a degree in engineering. He founded the Sunsuria Group in 1989 when he ventured into the handling of heavy machinery equipment.
An entrepreneur at heart, Tan Sri Ter saw the potential in property development in the Klang Valley. He has not looked back since. Sunsuria Berhad...
Nightmare for Franchisees with the collapse of The Body Shop UK
Posted by Sparrow in Entrepreneurs, Listed on Bursa Malaysia on Feb 24, 2024 .The collapse of The Body Shop U.K is a nightmare for Datin Mina Cheah who has been in charge of The Body Shop franchise in Malaysia since December 1984. She brought the business to Malaysia just two years after graduation from the University of Leeds. U.K. She holds a Bachelor of Science (Honours) degree in Computational Science & Management Studies.For close to 40 years she has built up the profitable Body Shop business locally into a multi-million revenue earner and has also expanded to Vietnam (38 stores) and Cambodia (3 stores). She...
YTL Power in tie up with Nvidia joins the AI league
Posted by Sparrow in Family Business, Listed on Bursa Malaysia on Feb 16, 2024 .Dato' Yeoh Seok Hong, an engineer who helms YTL Power International, the biggest contributor to revenue and profit of the YTL Group, is the man of the hour! He has in striking a deal with Nvidia's founder, the charismatic Taiwanese American Jensen Huang, who in certain poses closely resemble Junichi Okada (The Fable), launched YTL Power into the New AI era league. Nvidia pioneered accelerated computing to tackle challenges no one else can solve. Jensen Huang has been President/CEO of Nvidia since its establishment in 1993. He...
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