Profile - Cheong Chia Chieh
Cheong Chia Chieh is a CEO with agility and perseverance. He encapsulated all that is positive and his unwavering beliefs to stay at the top and maneuver his organizations through the business cycle’s peaks and troughs. Today’s business conditions change by the hour, he believes that a successful businessman should be visionary, self-driven and have passion, integrity and respect for others.
Born in Ipoh, he holds a Masters in Business Administration from the Southern California University, USA, since 2001. Throughout his entire schooling and university experience, he was already an entrepreneur involving in the computer and devices trading business.
Over the past 20 years, Cheong’s strong business acumen and insights, together with his ability to balance innovation and creativity has brought him one step closer to his ambition. Fuelled by a strong desire to achieve business success, Cheong stays focused and persistently pursue his aspirations with a clear conscience. It was an endeavor that landed him on becoming an entrepreneur across the Malaysia and China region.
Cheong’s foray into the business world began in year 1994 as he founded a computer software company, named CY Computer software (M) Sdn Bhd. He then obtained recognition from the local Government for his outstanding entrepreneurship and vibrant business model. In year 1996, he was a committee member of the Malaysia Selangor State Economic Action Council where he was actively involved in promoting investments and industry development opportunities in the Selangor state. 3 years later, he was awarded “Darjah Kebesaran Setia Mahkota Selangor” (S.M.S) by the Sultan of the State of Selangor Malaysia for his contribution on the Selangor’s economy development. Besides that, he was appointed as the first and Second Executive Council Standing Committee Member of Youth Committee of the Guangzhou Federation of returned overseas Chinese.
In 2000, Cheong ‘s capabilities was recognized by the reputable Hong Leong Group, where he was offered to take up high responsibility to hold the position of Chief Executive Officer for Nanyang Online Sdn Bhd (“Nanyang Online”), new media arm of Nanyang Press Holdings Berhad (“NPHB”) which is involved in the internet and ecommerce industry. Cheong’s expertise has brought instant viability to the expansion of the organization. During his tenure with NPHB, he was appointed as Strategic Investment Consultant and the Chairman of the Group Marketing Committee as well as an Executive Committee Member of the Group Circulation Committee that oversees and manages the NPHB group’s advertising sales and distribution for its publications.
In 2004, Cheong led a management buy-out to incorporate the RedHot Media Sdn Bhd, and attributed the company’s success to RHM Axchange, a first-of-its-kind non-traditional integrated advertising brokerage model. This tremendous undertaking has bagged the award of the Asia Pacific ICT Awards in 2005 and Deloitte Technology Fast 500 Asia Pacific Company 2007 award.
Resource Holding Management Limited (“RHM”, formerly known as Redhot Media International Limited ) and its subsidiaries were formed in 2007, followed by RHM’s listing on the AIM London Stock Exchange in September 2008. Following 3 months after its listing, RHM Group completed three acquisitions including China MediaMart Information Technology Co., Ltd. (Beijing), In Motion Media Group (Shanghai) and Assucar Group Sdn Bhd (Malaysia). In 2009, RHM was awarded by the Malaysian Venture Capital Association (“MVCA”) for its IPO in 2008 amongst companies invested by Malaysian venture capitalists. In the same year, UK Growth Company Investor Ltd rated RHM as the Top 7th best performing shares in London Stock Exchange albeit challenging market outlook.
In 2009, Cheong was awarded The World Chinese Young Entrepreneurs Award by the 6th World Summit of Chinese Entrepreneurs and The Emerging Category Award of Malaysia’s Ernst & Young Entrepreneur of the Year 2009.
In November 2010, China’s Founder Group ‘s subsidiary PUC Founder (MSC) Berhad (‘PUCF”)(KLSE: 0007) initiated merger with RedHot Asia Ltd (“RMA”), a subsidiary of RHM Group.
In 2011, while establishing the merger exercise, Cheong expanded RHM’s existing media broker business to upstream business so as to emerge as a media owner, and further integrated social media, smart phone technology and online payment into a brand new interactive social media platform which is optimized for best users’ experience.
In April 2012, RHM was awarded “The Globalization Business Development Business Awards” by Malaysian Venture Capital Association. According to Allenby Capital Limited’s AIM Asia Market quarterly Report 2012, RHM was also the Most Traded Asia Media Stock in AIM market, London Stock Exchange for 2 quarters continually. The “RHM Interactive Media” project was strongly supported by the Malaysia Science, Technology and Innovation Department through ‘Technofund’ .
In July 2012, Cheong founded RHM Capital Ltd, venturing into the capital market which offers a wide range of services including Public Listing Consultancy, Mergers and Acquisitions, Initial Public Offering, Equity Fund Raising and other corporate finance services.
In 22 April 2013, Bursa Malaysia approved PUCF’s merger exercise.
In 2013, Cheong was proudly appointed as the Tourism Ambassador of Myanmar Tourism Federation International Division. This involvement fostered better international relations between Malaysia and Myanmar.
In 20 September 2013, RHM Capital Ltd completed Macromac PLC (“Macromac’) listing (LSE: MACC) in the AIM Market. Within 4 months, Marcomac’s market capitalization increased from £10.075 Million (as at the 20/09/2013) to £ 55.4 Million (as at 08/01/2014).
On 1 Jan 2014, Cheong was appointed as PUCF Group Managing Director and the PUCF’s merger exercise was officially completed the next day. On 7 Jan 2014, PUCF held a new shares listing ceremony and it was graced by the Energy, Green Technology and Water Minister Datuk Seri Dr. Maximus Ongkili and Chinese Embassy Economic and Commercial counsellor Mr. Xuan Guo Xin.
The merger will enable both RHM and PUCF to leverage on each other’s strength and core competencies. The future of PUCF will looms brighter in as the Group continues to strengthen its existing core full system advertising services business by expanding on its three major pillars of growth which is e- Content, e-Payment and O2O social media.
It marks yet another milestone in Cheong’s business achievements and he will enthusiastically drive the new group to attain new heights with all the plans in place.
Biography - On the Road of New Economy
Chapter One: The Childhood and the Youth
I. the First Business
In 1971, NEP (New Economy Policy) was a significant policy launched by the Malaysian Government aimed for the revival of Malaysian economy for the next 20 years. I was born in 1971 in a remote small town in Ipoh, Perak, Malaysia. This was the era which I was able to feel the impetus of our growing country moving towards development. From what I can recall, our family was poor and all five of us had to live in a 30 square meter room. Despite the fact that, both my parents were well educated amongst their peers as they were both graduates from National Taiwan University in Chemical Engineering. But it was not easy looking for well-paid job in Malaysia, as the Taiwanese Diplomas were not recognized in Malaysia yet. Hence it was a struggle for my parents to make both ends meet. My father was fortunate enough to have found a job in a factory processing kaolin, whereas my mother got herself an administrative job.
My father’s job requires him to work far from home so I was hardly able to see him. Hence, the heavy burden of taking care of the family falls onto my mother’s shoulders. She had to take care of our well being and provide us for school. My mother was a very diligent woman as she would wake up every day at 5.00 am to prepare breakfast, iron our clothing and put in clean handkerchief in each of our pockets. My mother has taught me well to do things in line accordingly and I have never failed to bring a handkerchief with me till this day.
My mother was a very wise woman; she knew that it was very important that all of us were well versed in English as she herself was put through University. She would make us all pronounce the word ‘R’ resonance in great precision. She was very strict with our school work and had made sure that we scored good grades in school. If we had not done so she would be sure to give us a taste of her pinching kungfu i.e. Pinch our inner thighs or inner arms clockwise. It would hurt so much that we’ll remember the lesson well and never to do it again. If we were not obedient she would make us all kneel down in front of our ancestor’s memorial tablets at home to instil remorse in us for what we’ve done. She made sure to regularly check up on us by phoning each of us up whilst she’s as work to make sure that we were not up to any mischief.
We would be so conform to our mother’s orders that we would not go out but stay at home so she could speak to us and know our whereabouts. This was the era where hand phones were nonexistent but landlines. We were so bored at home that we would use our creativity to create games to play with each other. Once, we tried to play fireworks at home and burnt a big hole in my brother’s new clothes. Luckily, none of us got hurt. But obviously, it didn’t go unnoticed to my mother when she came home, so we all had a fair share of her kungfu pinch.
No doubt I was the naughtiest in the family but I didn’t get punished by my mother as often as I did very well academically. Throughout the years while I was in Chinese Primary School of Kampar I had being the Class Monitor and had maintained high grades through standard one to six. For each time I score good grades in school, both my mother and grandfather would award me with RM50-RM 100 as a token of acknowledgement for my achievement. By the end of my schooling years in primary school, I was able to accumulate up to more than RM 800.
My mother’s parents were the first generation who came to Malaysia from China at a very young age. They were the first generation of our family. They were the first generation of our family. My grandfather was an outgoing old man and had made his living by running electrical engineering business. He lived a long life of 98 years and passed away peacefully in 2006.
While I was in my third year of primary school, at age nine. I found out that there was a lottery game in dehydrated limes. But chances of winning were few. I thought to myself on how I can make sure that the chances of winning were high? I had an idea that if I had bought a whole box of dehydrated limes, chances of winning the prize would be so much higher. So I had spent 3 Ringgit to buy a whole box and managed to find out all the lotteries. I had allocated the limes and the lotteries to all my friends based on quantity and price. So everybody could enjoy the pleasure of winning lottery prize. This was my first try in having a taste in doing business. This was my way of resource allocation and interests sharing which I have been following in my way of business (including the online Ads Exchange of Nanyang Online).
II. The Independent Life from 12 years old
Although I had been a top student in the Chinese Primary School in Kampar, my mother insisted to send me to the Chung Ling High School which was in Penang upon my graduation, as it was deemed as the best Chinese High School at the time. The move from the small town of Kampar to the city of Pulau Pinang (Penang Island) was quite astounding to me. Before I can really appreciate the beautiful “Eastern Pearl”, I was submerged in the crowds of people in Pulau Pinang. Previously while I was in my Primary School we only had hundreds of students but now I see thousands of students in High School.
It was then that I realized I had independence; it was ironed deep into my veins. Whilst I was able to taste the freedom and happiness that comes with independence, I was also beginning to suffer hardship and bitterness.
There were a total of 547 students in our grade but only less than 60 boarding students. I had kept in mind what my mother had told me before leaving to Penang. She had told me “When one is at home he may rely on their parents, but when one is far from home, he shall rely on friends”. I learned to socialize and manage to make many lifelong friends which were Yu Chor Wooi ,Wong Beng Keong, Jimmy Chew, Chow Boon Tiong, Chow Boon How and others. (the pictures taken at my first arrival at Chung Ling High School).
My mother had worried for me as I was still relatively tender at my age. She had phone me up almost every day during my first year to make sure that I was alright, but it got lesser as the years went by. I was able to reassure her that I was able to fit in and adjust myself comfortably there in Penang.
One of the main obstacles I had to encounter while I was in Chung Ling was the dialects. In Kampar, the main dialect spoken was Cantonese, whereas in Penang people mainly spoke in Hokkien (Fujian). Learning the dialect had become my primary task, due to my persistence I was able to speak fluent Fujian dialect in a year’s time and held the post of class monitor and then I was nominated as class monitor for the second year.
During those days at Chung Ling High School it was compulsory for all students to take part in after-school activities, which really widen my view on things and taught me the importance of co-operation with others. During the first year, I had taken part in the Ambulance Association and had learned about basic first aid as well as the importance of punctuality and discipline.
In my second year, I have enrolled myself in to join the boy scouts. The boy scouts motto was “be prepared”, with that I had the pleasure of joining camping and campfire. It was then that I had started helping friends to write love letters and in return I get RM10 for each letter and with the savings I had bought myself a cassette of my favourite singer.
My proudest moment was when I had enrolled myself in the Students Auxillary Police Force as it had been a dream of mine to become a police officer one day. I felt really proud and fortunate to be picked as one of the 36 members from 4,000 students.
III. My Four Part-Time Jobs
Living away from home had taught me to be independent and to mingle with others. Whilst working four part time jobs it had really taught me a lot about the society. My part time working experience had changed my view on life as it was very different from what I had experience in school. My part time job experiences had made me a stronger person and strengthen my will to thrive to success which laid the groundwork for me in my future endeavours. When I am faced with difficulties, it serves as reminder that I would be able to get past it as I’ve been through worst before.
I was thirteen years old when I had laid my first part time job at the camera shop. Shortly after my arrival at Penang, I had spent all my savings purchasing a Canon model A1 camera which cost more than RM 800. I then had to work to support my spending by working part time at a camera shop called Bobby Photo Center. It was there where I had my first experience in communicating with all sorts of people from different background and social status. It was then where I was able to put my Mother’s teaching in English to good use, as English was mainly used to converse with customers. Despite the fact that I had end up spending most of my earnings on buying films but I had a lot of fun learning a whole lot about cameras and photography.
My experience in my second part time job was much tougher. When I had started senior high school year, McDonald’s fast food chain was newly branched into Penang. I had gone to apply for a part time job at McDonalds however it was then in 1987 where the Malaysian economy was undergoing a great depression. Most graduates were unable to secure a job, as it was very competitive amongst graduates. I found myself to be fortunate enough to secure a part time job at McDonald’s. My time at McDonald’s had taught me the importance of English and had taught me how to communicate effectively. I was able to have an insight of McDonald’s complex management systems and taught me to understand the element of company management.
The first aspect was the standardization of the food processed, such as the French fries and the fried chicken must be prepared and cooked in a specific manner to make sure that the food is cooked through and taste the same. The level of sanitation in the restaurant is of utmost importance; there is a motto where we have to obey which is to clean as you go, in short “CAYG”. During sanitary inspections, not only the tabletop where food was prepared was check thoroughly but all parts of the kitchen as well. This had me thinking how McDonalds was able to be a successful fast food chain throughout the world whereas Chinese food was relatively famous but wasn’t able to succeed in making a brand like McDonalds. Was it due to the lack of standardization of quality and taste? Perhaps it is because Chinese culinary is a form of art, its different depending on the manner the chef prepares the food and taste of food varies from chef to chef. It seems as if the recipes of McDonalds is so standardize that anyone is able to prepare the same quality of food given the manner of preparation. The restaurant had four divisions, which were the kitchen, counter, lobby, basin and store. All the employees were well managed and each had their own task to take on. The management had set three levels for the employees which were the bronze, silver, and gold stickers representing the levels. The gold sticker was meant for those who did well for their respective division. During my four months of employment I had managed to stay achieve gold level for each respective division. At the end of my employment I was able to save up to RM 800 to buy myself a third hand scrambler motorcycle (PAG 5278) which I was very proud of, for I had my senior high school life on wheels.
When I was seventeen 17, I had my third part-time job experience. I had worked in a snooker center in Kuala Lumpur. As I was new at the job, I had to endure great hardships as it required me to work from 6.00 pm until the following day at 10.00 am. It was then that I truly understand the life of being a working zombie. I had no sense of time whether it was day or night. I was able to see and observe so much of other people’s characters as some would lose their temper when they have lost bet while playing snooker or some would just linger around and do nothing. With this job I had manage to earn about RM 350 per shift and I was running 2 shifts a day. But there was hardly any left as most of my earnings were spent on food and travelling expenses. But I learnt that through these hardships I can increase my endurance to work and strive harder in life to succeed.
For my fourth part time experience I landed a job in Pizza Hut. I was prepared for the job given the past working experiences that I had. In Pizza Hut I was able to learn about the western table manners and different types of western cuisines such as Italian food. More importantly I had acquired the skills of being a sales person. I recalled that selling ice-cream at the beginning was tough as it was expensive during those days. But the employer had created an offer for every 10 ice cream scoops the customer would get 1 ice-cream scoop for free. I had then begun to recommend and sell ice-creams to the customers, by the end of the week I had made more than 50 sales. Many customers were so impressed with the offer that they would come back to our shop along with their friends. It was in this way that the ice-cream had become the bestselling item in our menu.
My good friend Yu Chor Wooi had always stayed by my side through thick or thin through all of my hardships. We had been roommates since Chung Ling High School for four years. As we did part time jobs together and we later set up our own business, our friendship had grown to being business partners as well.
Yu Chor Wooi did well in life as he is successful in his business and is now a father of four children. Those days one he is a big lover of hamburgers as he could gobble down three to four hamburgers at one time. It is probably due to his past experiences of working in McDonald’s with me.
Chapter Two: My University Life and Business Start-up
I. Running for the position of First President in Student Union of the College
In 1991 I had enrolled into the Universiti Pertanian Malaysia at Bintulu, Sarawak. One of the biggest changes in my life was having friends from different races and cultures as there was hardly any non-Chinese in my previous schools, given it was a Chinese school. I was truly immersing into the Malaysian society.
I was going through a different phase in my life; I was no longer the innocent and confused boy in the crowds of Chung Ling High School. After eight years of being completely independent and going through hardships had made me a better person. I’ve become a lot more confident and optimistic which led to who I am today.
I was actively participating in political and other kinds of curriculum activities, and was later elected as the President of the College Student Union. I was the first Chinese being elected as the College President in the University. During my position as President, I had learnt that being tolerant and having great communication skills is necessary to lead and create harmony amongst the residents of the college. Despite, being a multi-racial country we lived harmoniously as we learn to respect one and others culture. This made me realize that I had interest in politics and wish to have a career in politics when I grew older. In 1992, I had enrolled at University Pertanian Malaysia at Serdang Campus. My chosen degree was Bachelor in Computer Science.
There were two leadership parties in campus, one being the Green Alliance and the other is Blue Alliance. The leadership was held by the Angkatan Belia Islam Malaysia (Green Alliance) for 8 years. The Blue Alliance was made up of multi-racial members with 10% of Chinese students, Malays and Indian students respectively. After several rounds of campaign, we finally won the election with a 2/3 majority. I was then elected as the first Secretary General of IPKM. With this position, we the Blue Alliance began to fight for more right for the minority. For instance, the New Economy Policy only allowed 10% of the Chinese students to be enrolled but we negotiated with the school administrator to increase the number of Chinese students according to the NEP quota.
We managed to organize the University Students Community Service and Communication Movement in order for university students to help those in rural areas and instil voluntary community service as well as importance of education and community. We decided to bring the students to Serdang New Village as it was a very remote and people had little awareness on the importance of education. We divided them into four groups and had seven of our volunteers tutoring students ranging from high school to primary school on every Sunday at the hall provided. We also taught students how to do art and craft works as well as singing.
Apart from that, we also hold plays and performance during the program. One of which was the “To build a Happy Community together”, it was a play to educate students that money can’t buy everything and we should all find happiness and contentment within ourselves, and the importance of family. We manage to touch the hearts of many parents that had seen the play and our main purpose was to bridge the gap between parents and their children, to encourage more communication. At the end of the whole program we had known and made friends with more than 60 of the students in the village, it was an amazing experience as we really get to help each and every student.
II. The Beginning of the Business Startup
Apart from the Community service movement there were other projects that we’ve done such as Malaysian-Chinese University Intervarsity Council, National Students’ Leaders Training Camp, and National University Enrolment Counseling Movement. The students were very proactive and had a lot of ideas in planning for upcoming projects. As a student I was very inquisitive and was very eager to learn and try new things. I recall that when I was 12, the HSBC in Penang had started the automated teller machine (ATM). Back then folks were very skeptical in taking money out from a teller machine as they were use to taking out money from the bank by showing their passbook. They were not sure if it was reliable and safe to use the machine to cash out money from the account. But I had a different view, I insisted that my mother to apply for a ATM card which allows me to withdraw money from the teller machine. I found it to be so intriguing that it is now so much more convenient to make withdrawals from the bank, all that was needed was a bank card to be carried around.
At a very young age I have always aspire to start up my own business one day. But I had not imagined that I was able to do so at the age of 22. As a student we had to ask for donation by knocking from door to door to fund our university student movement, it was very common back then. Once I had a bad experience when I had gone into a shop and asked for donation from the business owner. He had hastily took out RM2 and asked me leave the shop immediately. The amount donated by him was so very little, it then had me thinking that we should be financially independent and never again to depend on external finances
The words and mannerism of the business owner had ignited my spirit and determination to start up my own business. I had chosen to pursue my degree in computer science as it was where my interest lies. After much discussion with my father, I had borrowed forty thousand Ringgits from him. I had 14 of my friends and me to start up a company called CY Computer and Software Limited Company starting with just RM250, 000. C and Y were the first initials of our first names of Yu Chor Wooi and mine. Chor Wooi a Civil Engineering student in University Malaya. We had great hopes for our little company as we set our mind to make it successful. It was later then that I read in a book by Mr. Lin Yu Tang that the way of thinking is very important. The name also conveyed our wish to make full use of our mind to work and to create a nice future. I feel like I really understood what he meant and that the words of the wise man were deeply rooted in me. Our CY Company grew quite quickly as we had many ideas and had act on quickly. We did however have our difficult moments, but we manage to breakthrough after selling a turnover of RM300, 000 in the third month. The supplying companies who had sold computers to our company had in turn become our clients. Later we became one of the 7 main computer manufacturers in Selangor and a wholesaler in Balakong, Kajang, Bangi and Puchong. The establishment of our company was in 1993, the year I turned 22 years old. I had made up my mind that having knowledge and innovation was going to be my foundation to start up my business venture.
III. Business Startup and Friends
After the establishment of CY Computer and Software Sdn Bhd, I have established CY Infotech, CY Computer Training Center, Motivation Aliance, Wing On Travelling Service and FJ Laser Disk Centre. At the age of 25 my success story was reported in newspapers and I received a number of acclamations of my work. Starting one’s own business is never an easy road to take, but we tried our best and with persistence we were able to smoothly deal with problems that come in our way. I recall that during the beginning phases of CY Company, both Yu Chor Wooi and I would need to deliver computers to customer’s doorsteps by riding a motorbike together. Computers those days weren’t as light as the laptops available now, but rather heavy CPU and monitor as well. We would need to place the CPU in between our legs in the front and with the humid Malaysian weather more often than not the computers would be stained by our sweat as we need to hold on to it throughout the journey. Just right before we hand over the goods we would quickly rub the stain off and made sure that it is well presented to our customers.
I truly believe if I had not been bold enough to step out and brace the world by starting up my own company and preserver through the hardships I would not have been able to achieve what I have today I often believe that my friends was my greatest support. During my years in college, I had acquired many friends of which I have closely kept in touch with, most of them had then later became my business partner and we practically chase after our dreams of success together.
My colleagues working with me at CY Company too were all my good friends. Some perceived that people work just for money but they were all here so that they can learn and put their talents to good use. I would always put myself in a position where I am able to assist them to utilize their talents.
Our company practices the concept of human capital where we would invest in the quality of employees. We have graduates from different backgrounds; we have 30% of the employees with diploma in engineering, accounting, medical science, psychology and so on. We made sure that everyone was doing well in the assigned role to ensure productivity. In this manner we worked as a team to achieve a common goal.
My success in business was to a great extent due to partnership with true friends. But throughout I did meet friends whom only wanted to make instant money. Starting up a business depended, to a great extent, on partnership of true friends. From then onwards, I had become a lot more careful when choosing the right business partners.
Despite these unpleasant experiences, it did not make me long for true friendships but I was rather grateful because I’ve learnt to choose the right people in my life and to be careful with whom I trust. As the saying goes “Fool me once shame on you, fool me twice shame on me.” As CY Company was becoming steadfast more employees was needed to make sure that we were not short of manpower. I made sure to pick the right colleagues and paid great attention to train my colleagues so that they able to develop to their full potential as I strongly belief that all colleagues shall grow together. I realized that to achieve a dream or a goal there needs to be a common goal to work towards to as a team.
Chapter Three: The Beginning of My Political Life
I. Becoming the Youngest Committee Member in Selangor State Executive Council Standing Committee
In 1996, I was appointed by Dato’ Tang See Hang which was then the Selangor State Senior Executive Counselor, to be a member of the standing committee. I was to be a member of two committees which were 1) Investment & Industrialization Committee and 2) Research & Development Committee. I was only 25 and was by far the youngest committee member to attend meetings with other Members of Director General of respective State Department. In the same year I had also become the Bureau Chief of Selangor MCA Youth Hi-Tech Bureau and also Exco Member of MCA Youth Selangor.
In 1996, Malaysia was actively promoting a Special High Tech Economic Zone called the Multimedia Super Corridor (also known as MSC) was launched to transform Malaysia into a knowledge-economy based country. Under the wing of the Government the Sri Serdang branch of Malaysian Chinese Association (MCA) Youth Selangor had become the first to use the Internet. At the same time, I have formed the National Information Youth Organisation”资讯青年” and held the post of Secretary General. It was formed to encourage the use of technology and to create awareness of information technology and to bridge the gap between information rich and information poor. I began to conduct briefings and gave talks throughout Malaysia to educate the public on the necessities of MSC and the role MCA Youth to promote this new technology. We had conducted 58 seminars throughout the country in that year.
The adoption The Computer Crimes Act 1997 to address computer crime problem has placed Malaysia as one of the leading countries in development of cyber laws. At that time, there were no other countries in the world but US and UK. The Special Assistant to Deputy Minister of Energy, Communication and Multimedia Dato’ Chan Kong Choy had assigned me to brief the position on the development of our country on the multimedia industry when the Japanese had sent a delegate to study on our development.
The Malaysia Parliament has adopted 4 cyber laws which were the Computer Crime Act 1997, Telemedicine Act 1997, The Copyright (Amendment) Act 1997, and Digital Signature Act 1997 to prepare for the growth of multimedia industry in the country.
(To be continued)
07 Jan 2014 – New share listing ceremony of PUC Founder (MSC) Berhad (KLSE: 0007) – with YB Datuk Seri Panglima Dr Maximus Johnity Ongkili the Minister of Energy, Green Technology & Water and The Economic and Commercial Counsellor of The People’s Republic of China in Malaysia , Mr Xuan Guo Xin (From left to right)
07 Jan 2014 – New share listing ceremony of PUC Founder (MSC) Berhad (KLSE: 0007) – with Y. BHG Dato’ Othman Bin Jusoh, the Independent Non-executive Chairman of PUC Founder (MSC) Berhad, YB Datuk Seri Panglima Dr Maximus Johnity Olngkili The Minister of Energy,Green Technology & Water, and Independent Non-Executive Chairman of RHM, DATUK OH CHONG PENG (from left to right)
19th Sep 2013 – London Stock Exchange – with Minister of Foreign Affairs of Malaysia, Y.B. Dato’ Sri Anifah Haji Aman, Mr. Lew Shau Kong (Executive Director, Executive President of Macromac Group), Mr. Khoo Tiong Keat (Executive Director, CEO of Macromac Group) to visit London Stock Exchange on occasion of the successful listing of Macromac PLC (LSE code: MACC)