Monday, December 29, 2014

A moment of money: 40 CEO in Malaysia



“Only buy something that you’d be perfectly happy to hold if the market shut down for 10 years”, by Warren Buffett, legendary investor. 

For the image above, they are the coins of United Kingdom, pound sterling. As you can see, the unique design of the coins can form a armor shield as shown in the inscription of the 1 pound sterling! Such creativity and patriotic expressions from the UK government. 

Anyway, 40-year-old, seems to be quite far from me and for a lot of young people who are still striving to reach their dreams and success. I wonder where I will be in my forties. Married? Single? Or, divorced? Forever alone? Hahaha!

The coin of 1 pound sterling can be of different designs. Same goes to a group of people in their forties, they may be leading extremely different lives. Some people may be already successful in their working and personal lives, staying in expensive home, driving luxurious car and even owning several companies. While, other might be just living an average life with 9 to 5 working hours and barely survive with their monthly salary. Then, there will always be a group of people in their forties, unable to afford a living and more despair, they don't have a decent job or even a place to stay. If at this age, they lost their job, this can be a devastated situation with no proper saving scheme. In others word, just make sure we have sufficient savings for rainy days starting as young as possible regardless of our financial state. We can't predict our future but we can definitely plan for it!

Today, I am also sharing an old news from Focus Weekly Issue 17, on the 40 CEOs under 40 in 2013. (Which, a majority of them are exceeding the range this year, LOL). Pardon my procrastination. As listed in the table below:

Name Name
Company
Position
Age
Adeline Ong Ying Hwey
Abric Bhd
CEO
33
Shahman Azmah
Amcorp Group Bhd.
Deputy MD
38
Datuk Lim Hong Thye
Ann Joo Resources Bhd.
Group MD
39
Datuk Ricky Wong Shee Kai
Asia Media Group Bhd.
CEO and Founder
32
Datuk Robin Tan Yeong Ching
Berjaya Corporation Bhd.
Chairman and CEO
39
Chia Lik Khai
Boilermech Holdings Bhd.
ED
34
Lo Teck Yong
Borneo Aqua Harvest Bhd.
ED
32
Badlisyah Abdul Ghani
CIMB Islamic Bank Bhd.
ED/ CEO
39
Eric Yong Shang Ming
Crest Builder Holdings Bhd.
ED
31
Datuk Dickson Tan Yong Loong
Dijaya Corporation Bhd.
Group MD
33
Narish Nathan
Eversendai Corp Bhd.
Deputy Head, Middle East
31
Lim Keong Hui
Genting Bhd.
ED
28
Kuan Mun Leong
Hartalega Holdings Bhd.
MD
37
Quek Kon Sean
Hong Leonbg Financial Group Bhd.
ED
33
Lee Yeow Seng
IOI Group Bhd.
ED
35
Chua Ling Hong
Karyon Holdings Bhd.
ED
39
Sam Tan Chek Siong
Ken Holdings Bhd.
Group MD
33
Tengku Datuk Zafrul Tengku Abd Aziz
Maybank Investment Bank Bhd.
CEO
40
Mohd Imran Salim
MRCB Group
COO
31
SM Faliq SM Nasimuddin
Naza Group
Deputy Executive Chairman/ Group MD
28
SM Nasaruddin SM Nasimuddin
Naza Group
Joint Group Executive Chairman
30
Datuk Wira SM Faizal SM Nasimuddin
Naza Group
Joint Group Executive Chairman
33
Tey Por Yee
Nextnation Communication Bhd.
CEO
37
Erni Irdawati Dekritawaiti Yuliana Bukhari
Nouvelle Beauty Centre Sdn. Bhd.
CEO/ MD
28
Ong Ju Yan
OSK Ventures International Bhd.
ED
34
Puvanesan Subethiran
Privasia Technology Bhd.
CEO and MD
38
Datuk Rahadian Mahmud Mohammad Khalil
Sanbumi Holdings Bhd.
Chairman
40
Datuk Pang Chow Huat
Sanichi Technology Bhd.
MD
40
Kuok Hui Hwong
SCMP Group Ltd
MD/ Executive Director
35
Lee Chor Min
See Hup Consolidated Bhd.
MD & Non-Independent Executive Director
38
Satila Mohd Suhaimi
Silver Ridge Holdings Bhd.
CEO
30
Hwang Siew Peng
Suiwah Group Corp Bhd.
ED
39
Sarena Cheah Yean Tih
Sunway Bhd.
ED
40
Simon Lau Choo Chin
TAS Offshore Bhd.
Deputy MD
38
Ivan Goh Poh San
Tecnic Group Bhd.
ED
39
Benjamin Yong
The Big Group
CEO
35
Afzal Abdul Rahim
Time dotCom Bhd.
Director and CEO
36
Lim Poh Yit
Titijaya Bhd.
CEO
31
Ruben Emir Gnanalingam
Westports Malaysia Sdn. Bhd.
CEO
37
Jacob Yeoh Keong Yeow
YTL Corp Bhd.
Deputy CEO
28

Based on the list, most of them are successors, inheriting and continuing to run those mega companies from their parents. Yes, this is situation can be related to the Chinese Proverb - 前人种树,后人乘凉. This just means that their parents built a very strong foundation for their children's future. But, I genuinely believe that the new generation is capable in managing those companies with quite a different mindset from the older generation. Anyhow, there are several CEOs worked their way up to where they are. In a nutshell, if you are truly capable, nothing can stop you from achieving your goals in life! For the girls out there, this can be your chance to find a rich and promising husband. hahahahahahaha!!!!! Gosh, I too envy them (successor) because they are lucky to save 10++ years in working force to be successful. 


The exquisite 2-pound sterling designs are so meaningful, to record important events including the 2012 London Olympic. Last note, I recognised the important of money since I was so young. To say that I am money-minded, I think saving for better would be more suitable to describe me. I used to be very stingy, saving every cents in ringgit. Over the years, I still practice my saving habits but I am more willing to spend on something practical. Yes, we really earn money to spend it because saving every penny without a proper usage will be a waste (^^). hahahahaha, not asking you to waste the money!

My advice is: Don't spend what you don't have and record your spending to understand the cash flow.  

2 comments:

Twilight Man said...

The list of names are interesting and they look good on stage.

All the big swans look graceful and elegant on the lakes. No one knows that beneath the waters, they have to paddle so hard with their tiny duck legs to stay afloat....just to look nice. Better be a small duck with the same sized feet paddling steadily beneath. I will take this quote to post in my blog soon.

Jay Lee said...

True, what a philosophical reply! Yeah, u should put this statement in your post!