The conference addresses the two themes in Malaysia – the impact, achievability and relevance to Malaysia’s Economic Policy-Making and Development and shifts in corporate generations.
Welcome Remarks by YBhg. Dato' Saiful Bahri Zainuddin
Market Outlook by Mr. Andy Ong
Panel 1 - Wawasan 2020 : Its Impact, Achievability and Relevance
Panel 2 - The Malaysian Corporate Generational Shift
Boustead Heavy Industries Corporation Berhad
Boustead Holdings Berhad
Wawasan 2020: Its Impact, Achievability and Relevance
Wawasan 2020, first mooted in 1991 by the former Prime Minister of Malaysia, YABhg. Tun Dr. Mahathir Mohamad, set the blueprint for our nation's economic transformation into a fully developed nation by the year 2020. Twenty-two years on, this ideal whose economic themes were refined by YAB Dato' Sri Najib Tun Razak's reforms as recommended by the National Economic Advisory Council ("NEAC"), approaches its final seven year leg against global and domestic corporate and political backdrops which are in a state of flux.
As part of the conference theme “The Way Forward”, this policy panel will discuss the transformational economic policies necessary to achieve sustainable growth and competitiveness, and explore the broader business and policy paradigms faced by Malaysia both in relation to the aftermath of the 13th Malaysian General Election, and in the context of Wawasan 2020's founding principles. The panel will also look at the achievability and ultimate relevance of Wawasan 2020 over the coming years.
Panel Discussion: The Malaysian Corporate Generational Shift
As the Boardrooms and Management Teams of corporate Malaysia make the inevitable transition from one generation to the next, dramatic changes are taking place in the way corporate leaders make critical decisions to keep their businesses relevant and competitive in an increasingly globalized marketplace.
Our panelists, comprised of both owner-entrepreneurs and professional corporate managers, will explore the generational differences in terms of the social, economic and political influences they face in managing and growing their companies.
Wawasan 2020: Its Impact, Achievability and Relevance
YBhg. Datuk Saifuddin Abdullah
Founder, New Conversation
Datuk Saifuddin Abdullah is a prominent member of the United Malays National Organisation (“UMNO”) and is the founder of "New Conversation", a forum aimed at fostering mature non-partisan dialogue that supports the freedom of speech. Datuk Saifuddin was formerly the Deputy Minister of Higher Education and Member of Parliament for the Temerloh constituency. He was also appointed Deputy Chief of the Higher Education Bureau within UMNO.
Datuk Saifuddin began his career in education in 1981 as a teacher and counselor at Yayasan Anda Akademik. He was appointed Senior Manager at International Islamic University and subsequently appointed as a Director of Privasia Sdn Bhd, a subsidiary of the Bursa-listed leading technology and business process outsourcing company.
Datuk Saifuddin is an active participant in the NGO speaking circuit and gives talks regularly in support of New Conversation's ideals.
Datuk Saifuddin received his BA (Hons) from University of Malaya and completed an Executive Course at the Harvard Business School.
YB Tony PuaKiam Wee
Member of Parliament, Petaling Jaya Utara
YB Tony Pua Kiam Wee is a Member of Parliament for Petaling Jaya Utara under the Democratic Action Party (“DAP”). He is also DAP’s National Publicity Secretary, as well as Director of Invest Penang.
Prior to joining politics full-time, YB Tony was the Chief Executive Officer and founder of a Malaysian IT company listed on the Singapore Exchange.
YB Tony graduated from Oxford University with a Bachelor in Philosophy, Politics and Economy.
Dr. Ooi Kee Beng
Deputy Director, Institute of Southeast Asian Studies (ISEAS)
Dr. Ooi was a visiting associate professor at City University of Hong Kong and Adjunct Associate Professor at the Department of Southeast Asian Studies, National University of Singapore.
Dr. Ooi writes regularly for regional and global mass media and is the author of numerous books, two of which have won major awards;Continent Coast Ocean: Dynamics of Regionalism in Eastern Asia (2007); and The Reluctant Politician: Tun Dr Ismail and His Time (2006).
His latest book isDone Making Do: 1Party Rule Ends in Malaysia (2013).
Dr. Ooi holds a Ph.D from Department of Chinese Studies, Stockholm University.
Panel Discussion: The Malaysian Corporate Generational Shift
YBhg. Dato’ Abdul Rahman Ahmad
Director and CEO, Ekuiti Nasional Berhad
Dato’ Abdul Rahman Ahmad is a Director and the Chief Executive Officer of Ekuiti Nasional Berhad (“Ekuinas”). He leads the Management Committee and is a member of the Investment Committee. He is also Ekuinas’ nominee director and Chairman of the Board of Directors at Konsortium Logistik Berhad.
Prior to joining Ekuinas, Dato’ Abdul Rahman was the Group Managing Director / Chief Executive Officer of Media Prima Berhad (“MPB”), the leading integrated media investment group in Malaysia. He also held the post of Group Managing Director / Chief Executive Officer of Malaysian Resources Corporation Berhad (“MRCB”), a leading Malaysian conglomerate involved in property, construction and infrastructure.
Dato’ Abdul Rahman began his career at Arthur Andersen, London, and later served as Special Assistant to the Executive Chairman of Trenergy (M) Berhad / Turnaround Managers Inc Sdn Bhd. He subsequently joined Pengurusan Danaharta Nasional Berhad, the country’s national asset management company as Unit Head and later went on to become Executive Director of SSR Associates Sdn Bhd.
Dato’ Abdul Rahman holds an MA in Economics from Cambridge University, United Kingdom and is a member of the Institute of Chartered Accountants in England and Wales (“ICAEW”). He is currently an independent Director of MRCB, Axiata Group Berhad and M+S Pte Ltd, a joint venture company between Khazanah Nasional Berhad and Temasek Holdings (Private) Limited.
Mr. Bernard Lim Soon Chiang
Chief Financial Officer, Gabungan AQRS Berhad
Mr. Bernard Lim Soon Chiang serves as the Chief Financial Officer and Executive Director of Gabungan AQRS Berhad (“GBGAQRS”). Bernard is responsible for all finance, taxation, and information technology related matters. He has more than 16 years of work experience in the areas of accounting, finance and taxation.
Bernard began his career with Ernst & Young in 1994 where he was a Financial Consultant for quasi-government bodies and assisted in corporate recovery cases. He subsequently joined Hong Leong Bank Berhad, prior to joining Tanming Berhad, a diversified property developer. He then joined Pembinaan Megah Ikhlas Sdn. Bhd., a private civil and building construction business.
Bernard was admitted as a Member of the Association of Chartered Accountants (“ACCA”) in 1997 and subsequently made a Fellow Member of the ACCA in 2002. He is also a member of the Malaysian Institute of Accountants since 1998.
Mr. Kuan Mun Keng
Executive Director of Corporate Finance & Marketing, Hartalega Holdings Berhad
Mr. Kuan Mun Keng, was appointed Executive Director of Hartalega Holdings Berhad (“Hartalega”) in 2008. Presently, he is the Group’s Sales and Marketing Director and is also responsible for Corporate Finance.
Prior to his current position, Mun Keng was Hartalega’s Deputy Operations Manager in Accounts and Management Information Services.
Mun Keng commenced his career in 1997 with Kassim Chan Business Services as an Analyst in the Information Technology Consultation Division, and joined Hartalega as a Production Executive in 1998.
Mun Keng holds a Bachelor of Business (Accounting) and Computing degree from Monash University, Australia. He is also a Certified Practising Accountant (“CPA”), Australia.
Mr. Joseph Tek Choon Yee
Chief Executive Officer and Managing Director, IJM Plantations Berhad
Mr. Joseph Tek Choon Yee was appointed Chief Executive Officer and Managing Director of IJM Plantations Berhad (“IJMP”) in 2010. Joseph is also a member of the Securities & Options Committee.
Joseph joined IJMP in 2004 to head the research, training and development activities and was appointed Alternate Director and subsequently Executive Director in 2008. He was then appointed Chief Operating Officer and Executive Director in 2009, prior to his appointment as Chief Executive Officer and Managing Director of IJMP. Prior to joining IJMP, Joseph was with Sime Darby Plantations Sdn. Bhd. as Plant Breeder in Ebor Research, R&D Manager and Manager-Agritech Business with Sime Aerigreen Sdn. Bhd. and Sime Gardentech Sdn. Bhd. His last position was Head of R&D with the Malaysian Palm Oil Association.
Joseph is a member of the Programme Advisory Committee (“PAC”) of the Malaysian Palm Oil Board (“MPOB”), Malaysian Estate Owners Association (“MEOA”), Malaysian Oil Scientists’ and Technologists’ Association, Criteria Working Group for the Roundtable on Sustainable Palm Oil (“RSPO”) and Vice-Chairman of the MPOA Environment Working Committee.
Joseph holds a Masters in Philosophy (Plant Breeding) from Cambridge University where he was a Commonwealth ODASS / Sime Darby scholar. He also holds a Bachelor of Science (First Class Honours) from Universiti Kebangsaan Malaysia. Joseph also attended the ASEAN Senior Management Development programme organised by Harvard Business School Alumni Club of Malaysia.
Affin Holdings Berhad
AFFIN Holdings Berhad (“AHB”) was incorporated in Malaysia on 31 May 1975 and listed on the main Board of Bursa Malaysia on 4 November 1991.
AHB is a major home grown financial services conglomerate with a total staff strength of about 4,000 employees. The Group’s activities focus on commercial banking, Islamic banking and investment banking services, money broking, fund management and underwriting of life and general insurance business. The prominent shareholder of AHB is Lembaga Tabung Angkatan Tentera (LTAT), the nation’s premier superannuation fund manager for the Armed Forces. Over the last decade, AHB has changed substantially in terms of group organisation structure through a series of mergers and acquisitions which had been undertaken to facilitate AHB's role as the flagship financial services subsidiary of LTAT.
Benalec Holdings Berhad (“Benalec”) is an investment holding company. Its subsidiary companies are principally involved in the provision of marine construction services, mainly in the area of land reclamation, dredging and beach nourishment; coastal protection works such as rock revetment works, shore protection works and breakwater construction; pre-bore and marine piling; and construction of marine structures, bridges, jetties, ports and other offshore and ancillary structures. In addition, its ancillary services include vessels chartering, the provision of marine vessel support services, ship repair, ship maintenance, shipbuilding, fabrication and refurbishment activities.
Benalec was listed on the main market of Bursa Malaysia on 17 January 2011.
Boustead Heavy Industries Corporation Berhad (A member of the Boustead Group of Companies)
Boustead Heavy Industries Corporation Berhad (“BHIC”) is a conglomerate with diverse maritime and aerospace interests in the defence, enforcement and security sector,and the commercial and energy sector. BHIC’s capabilities include the following:
BHIC has amongst the best shipbuilding facilities in Malaysia with yards located in Pulau Jerejak, Lumut and Langkawi where it caters to military and commercial customers.
Integrated Logistics Support (ILS)
BHIC provides a range of ILS services ranging from surface ships to submarines with the support of a formidable network of vendors. The Group is developing world class capabilities to deliver cost effective solutions that ensure optimal operational availability of critical assets.
Maintenance, Repair & Overhaul
BHIC provides a complete range of solutions for platforms and equipment, systems maintenance, repair and overhaul. BHIC supports military and commercial surface vessels, submarines, helicopters and critical equipment such as combat management and essential control systems, defence electronics, electrical equipment and engines.
Manufacturing & Services
Components made by Contraves Advanced Devices (CAD) enhance MRO activities by offering possibilities for system re-specification and re-engineering. BHIC also produces artillery propellants in response to the need for national self-reliance. High speed specialised craft produced by BYO Marine Sdn Bhd (BYOM) signals a new dimension for BHIC in the manufacture of composite craft.
Boustead Holdings Berhad
Boustead Holdings Berhad (“The Group”) established well over 180 years ago, has evolved from a modest trading company to a leading participant in the plantation sector and now into a well-diversified homegrown conglomerate. The Group has six core areas of business, namely plantation, property, finance & investment, pharmaceutical, trading & industrial and heavy industries.
The Group has grown from strength to strength and is a firm believer in delivering shareholder value. The Group’s consistent and steady growth over the years reflect Boustead’s commitment to safeguard shareholder interest.
The Group's strength lies in the ability to seek opportunities, deliver consistent growth and build talent. With more than 17,000 employees, Boustead is committed to raising the bar in developing Malaysia's human capital. The Group continues to strive for excellence to become the preferred choice for customers, shareholders and employees.
The success of Boustead Holdings Berhad is a reflection of the commitment, dedication and integrity of its employees and major shareholder, Lembaga Tabung Angkatan Tentera.
Eversendai Corporation Berhad
Eversendai Corporation Berhad’s (“Eversendai” or “Group”) foray into the construction industry started initially with the Executive Chairman and Group Managing Director, Tan Sri A K Nathan's experience in the construction industry, which can be traced back to 1982 when he undertook his first project, the Dayabumi Building in Kuala Lumpur. The Group’s first iconic project was the structural steel erection for PETRONAS Twin Tower 2 in 1994. The major breakthrough into the Middle East happened in 1996 when the Group was awarded works for the Burj Al Arab in Dubai. In 1998, Eversendai participated in the Burj Khalifah, the world’s tallest building in Dubai.
Over the years, Eversendai has evolved from a structural steel erection specialist into one of the leading integrated structural steel turnkey contractors with a strong design and engineering division and modern fabrication facilities in Malaysia, UAE and Qatar. With this, the Group is able to provide complete solutions with added value at every stage of the structural steel process, from design, fabrication through to the erection of the steel structure.
Eversendai has completed over 150 projects including many challenging and landmark projects in 12 countries such as Malaysia, Singapore, Indonesia, Thailand, Philippines, Hong Kong, Oman, Saudi Arabia, Bahrain, Qatar, UAE and India whilst maintaining high standards of safety, quality and timely completion of projects with total client satisfaction.
Gabungan AQRS Berhad
Gabungan AQRS Berhad (“GBGAQRS”) has its roots in the building and civil engineering construction. The Group’s history started in 1996 when Motibina was set up as a civil and building contractor. This was followed by the establishment of Gabungan Strategik and Pembinaan Megah Ikhlas in 1999, both of which were also involved in building and civil engineering construction. In 2003, AQRS The Building Company was established as a property development company.
These four main companies together with other companies in the Group were officially integrated under the same corporate umbrella when GBGAQRS was incorporated on 20 August 2010 as a Construction & Engineering service provider as well as a niche lifestyle property developer. The Group was listed on Bursa on 31 July 2013.
GBGAQRS’s core business is construction and property development is its complementary business. The Group’s building and civil engineering construction activities are undertaken by Motibina, Gabungan Strategik and Pembinaan Megah Ikhlas while its interest in property development is spearheaded by AQRS The Building Company Sdn Bhd.
GBGAQRS has a track record of excellence. The dedication to performance has reaped rewards, with key subsidiaries of the Group awarded the ISO 9001: 2008 certification as well as receiving awards, letters of appreciation and various other recognition from its clients.
With its achievements and its strength founded on strong financial resources backed by a team of experienced technical and management personnel, the Group is ever more committed to executing and delivering projects within a framework of quality, timely delivery and adherence to prescribed budgets.
The Group is poised for growth in both the construction and property development sector. With its Listing, the Group can now undertake larger-scale projects in terms of contract size and complexity both in the local and international market. GBGAQRS will focus on creating value for its customers while at the same them provide them with innovative solutions.
(A member of the Boustead Group of Companies)
Pharmaniaga Berhad is the largest integrated local healthcare company in Malaysia. Pharmaniaga is a public listed company on the main market of the Bursa Malaysia Securities Berhad with a paid up share capital of RM117.7 million. Pharmaniaga’s principal activities include manufacturing of generic pharmaceuticals, logistics and distribution, sales and marketing, supply of medical products and services and hospital equipping. The essence of Pharmaniaga is the seamless amalgamation of these key disciplines, represented by an entirely integrated group of companies, processes and people that uphold our commitment to deliver quality products and services at all times. Pharmaniaga is driven by its goal to enrich the lives of all those we come into contact with, be it employees, customers, business partners, or the patients who benefit from the products and services. Pharmaniaga’s commitment to an enriching life together is guided by the philosophy of doing business with conscience; a philosophy we will continue to nurture as we journey towards becoming a global total integrated healthcare solutions provider.
Tropicana Corporation Berhad
Tropicana Corporation Berhad (previously known as Dijaya Corporation Berhad; “Tropicana”) is amongst the leading property developers in Malaysia. Listed on the Main Board of Bursa Malaysia in 1992, Tropicana is synonymous with innovative designs and quality. The Group has garnered many prestigious industry awards including Best Mixed-Use Development in Malaysia at the Asia Pacific Property Awards 2013, Best Multiple Units Development in Malaysia at the Asia Pacific Property Awards 2012 and the BCI Asia Top 10 Developers Award in 2012. Tropicana is poised for new and exciting growth, underpinned by its strong development presence in Malaysia. The Group currently has approximately 2,000 acres of undeveloped land bank with potential Gross Development Value of RM70 billion, spanning the three growth regions of Iskandar Malaysia in Johor, Greater KL and Penang Island.
Disclaimer: Comments & recommendations highlighted in the seminar rely on the individual opinions of the ones providing the comments & recommendations. These opinions may not fit to your financial status, risk & return preferences & hence an independent evaluation is essential. Investors are advised to independently evaluate particular investments and strategies & to seek independent financial, legal & other advice on the information and/or opinion contained in the seminar before investing & participating in any of the securities or investment strategies & transactions.