PhileoAllied Bank and GX Bank，A Delayed Digital Banking Vision
Timeline Description 1993 to 1994 Tong Kooi Ong built PhileoAllied Bank through acquisitions and regulatory positioning. 1995 to 1996 Launch of PALDIRECT and digital banking innovations ahead of global adoption. 2001 PhileoAllied Bank was sold to Maybank during forced banking consolidation. 2002 to 2008 Tong shifted into media, building The Edge Malaysia and restructuring Nexnews. […]
TA Global and Paradox, the shift from asset owner to global hospitality brand
Timeline Description 1990 to 2007 TA Enterprise built financial strength and expanded into global property assets. 2008 to 2012 TA Global executed counter cyclical acquisitions across Australia, Canada, Singapore, and Thailand. 2019 TA Global began brand development while continuing strategic hotel acquisitions. 2020 to 2021 TA Global was privatised to enable flexible global asset restructuring. […]
YTL Power, the valuation reset from utilities to AI infrastructure
Timeline Description 1993 to 1997 YTL Power was established as an independent power producer and later listed after securing long term power purchase agreements. 2002 to 2009 The group expanded globally through Wessex Water and PowerSeraya acquisitions. 2015 Expiry of initial power agreements triggered strategic repositioning into new infrastructure segments. 2022 Entry into digital banking […]
Sunway Multicare, the reinvention of Malaysia pharmacy model
Timeline Description 2016 Sunway Group launched its first Sunway Pharmacy outlet at a petrol station in Klang Valley. 2021 to 2023 Sunway acquired Multicare Health Pharmacy in phases, expanding its network to nearly 90 outlets. 2024 Sunway completed brand integration, rebranding as Sunway Multicare Pharmacy with over 130 outlets nationwide. 2026 BIG Caring Group filed […]
TA Enterprise, from Brokerage to Global Property Player
Timeline Description 1985 to 1988 Tony Tiah suffered losses in the Pan Electric crisis and rebuilt through TA Securities. 1990 to 1993 TA Enterprise was listed and expanded into unit trust, research, and property investment. 1999 to 2002 Legal challenges led to leadership transition with Alicia Tiah stabilising the group. 2008 TA Global was listed […]
Merlin Hotels and the Rise and Dissolution of Malaysia Luxury Hospitality Industry
Timeline Description 1957 Lim Foo Yong initiated the development of the first Merlin Hotel in Kuala Lumpur to mark Malaya independence. 1963 Merlin Hotels was established and listed in 1964, positioning itself as a luxury hospitality brand in Southeast Asia. 1972 Merlin merged with Faber Union to form Faber Merlin, gaining access to strategic land […]
SDS Group, Unlocking Value from Liquidated Assets in Malaysia’s Food Industry
Timeline Description 1987 SDS Group Berhad was founded by Tan Kim Seng and Tan Kim Chai, starting as a local bakery business. 2019 SDS was listed on Bursa Malaysia ACE Market and later transferred to the Main Market in 2023. 2020 London Biscuits Berhad entered liquidation, with its Plentong assets sold to Pacific Petcare backed […]
ViTrox, The Rise of Malaysia’s Semiconductor Inspection Champion
Timeline Description 2000 ViTrox Technology was founded with initial capital of RM20000 by three engineers. 2004 to 2009 Company rebranded as ViTrox Corporation and transitioned from MESDAQ to Main Market listing. 2010 to 2020 Expanded globally, serving semiconductor, EMS, and industrial clients across multiple regions. 2022 to 2023 Launched Industry 4.0 solutions and established ViTrox […]
CP Axtra, The Group Behind Village Grocer, B.I.G., and Lotus’s
Timeline Description 2004 Ong Kim Too founded Village Grocer in Bangsar, introducing a premium grocery concept. 2014 Navis Capital Partners acquired a majority stake and established The Food Purveyor to consolidate brands. 2017 Village Grocer Holdings acquired B.I.G, expanding into lifestyle supermarket formats. 2020 CP Group acquired Tesco Malaysia and rebranded it as Lotus’s Malaysia […]
Yayasan Selangor and the Revival of a Dormant Bukit Bintang Landmark
Yayasan Selangor, A sleeping landmark in Southeast Asia’s Little Shibuya Timeline Description 1970 Yayasan Selangor was established to fund education through commercial assets. 1973 Bangunan Yayasan Selangor was completed as a key income generating property. 2012 Plans were initiated to redevelop the building into a boutique hotel, leading to tenant clearance. 2012 Redevelopment stalled due […]