21 min
Ng Chong Lam of Ng Eng Kee & Sons: Diversify, Integrity, China! Do More - Take Charge of Your Life
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- Entrepreneurship
#business #China #diversify
Ng Chong Lam of Ng Eng Kee & Sons: Diversify, Integrity, China!
Some lessons from a multi-generational business that has existed since the early 20th century.
The NEK Group’s founder, the late Ng Eng Kee, was born in Taiping, Perak, Malaysia in 1925, helping his father, the late Ng Chong Geng, to establish manufacturing and trading companies which specialised in rubber, palm oil and petrochemical products.
The move to China and other overseas markets began In the 1970s and continues until today with new businesses in real estate and manufacturing. Today, the NEK Group is a family office that invests in fintech, AI, semiconductors, HR engagement platforms, travel, jewellery and luxury goods all the way from seed to growth stage, including highly profitable late-stage companies.
NEK offers early stage companies equity capital, mentorship support and networking access to both the Southeast Asia region as well as China’s Greater Bay region.
(Vistage Malaysia engaged Do More to conduct this interview. Vistage is the world’s largest CEO coaching and peer advisory organisation for small and midsize business leaders, with over 27,000 members worldwide.)
CONTENTS:
01:06 - Diversify, Have Integrity, Do Good and Keep Cash 02:37 - Growth Industries? 04:01 - Private Business, External Shareholders 04:40 - Many Ways to Invest! 04:56 - Interesting Markets? 06:56 - What of the Malaysian Economy? 08:13 - Advice to the Entrepreneur 09:21 - Advice for a Successful China Expansion 14:19 - How China’s Business Methods Differ from America’s 17:13 - Communism and Hierarchies in China 18:26 - America’s Jealousy of China 19:52 - A China Partnership is Essential20:54 - Four Success Tips
-- Follow Chong Lam and the NEK Group here:
URL: https://www.nekgroup.com.my/about LinkedIn: https://www.linkedin.com/in/chong-lam-ng-3b41ab1/ Vistage: https://vistage.com.my/better-boss/ ---Follow Chuang here:
URL: http://www.domore.my/ LinkedIn: https://www.linkedin.com/in/hsu-chuang-khoo-ab199343/ FB: https://www.facebook.com/khoo.chuang/ IG: https://www.instagram.com/khoohsuchuang/
--- Follow DoMore here:
WEBSITE: https://www.domore.my/ YOUTUBE: https://www.youtube.com/c/DoMoreTakeChargeofYourLife ITUNES: https://apple.co/2lQ47mS GOOGLE PLAY: https://bit.ly/3b1l8iO SPOTIFY: https://tinyurl.com/y6zufvcp PODBEAN: https://domoreasia.podbean.com/ INSTAGRAM: https://www.instagram.com/domore.asia/
#business #China #diversify
Ng Chong Lam of Ng Eng Kee & Sons: Diversify, Integrity, China!
Some lessons from a multi-generational business that has existed since the early 20th century.
The NEK Group’s founder, the late Ng Eng Kee, was born in Taiping, Perak, Malaysia in 1925, helping his father, the late Ng Chong Geng, to establish manufacturing and trading companies which specialised in rubber, palm oil and petrochemical products.
The move to China and other overseas markets began In the 1970s and continues until today with new businesses in real estate and manufacturing. Today, the NEK Group is a family office that invests in fintech, AI, semiconductors, HR engagement platforms, travel, jewellery and luxury goods all the way from seed to growth stage, including highly profitable late-stage companies.
NEK offers early stage companies equity capital, mentorship support and networking access to both the Southeast Asia region as well as China’s Greater Bay region.
(Vistage Malaysia engaged Do More to conduct this interview. Vistage is the world’s largest CEO coaching and peer advisory organisation for small and midsize business leaders, with over 27,000 members worldwide.)
CONTENTS:
01:06 - Diversify, Have Integrity, Do Good and Keep Cash 02:37 - Growth Industries? 04:01 - Private Business, External Shareholders 04:40 - Many Ways to Invest! 04:56 - Interesting Markets? 06:56 - What of the Malaysian Economy? 08:13 - Advice to the Entrepreneur 09:21 - Advice for a Successful China Expansion 14:19 - How China’s Business Methods Differ from America’s 17:13 - Communism and Hierarchies in China 18:26 - America’s Jealousy of China 19:52 - A China Partnership is Essential20:54 - Four Success Tips
-- Follow Chong Lam and the NEK Group here:
URL: https://www.nekgroup.com.my/about LinkedIn: https://www.linkedin.com/in/chong-lam-ng-3b41ab1/ Vistage: https://vistage.com.my/better-boss/ ---Follow Chuang here:
URL: http://www.domore.my/ LinkedIn: https://www.linkedin.com/in/hsu-chuang-khoo-ab199343/ FB: https://www.facebook.com/khoo.chuang/ IG: https://www.instagram.com/khoohsuchuang/
--- Follow DoMore here:
WEBSITE: https://www.domore.my/ YOUTUBE: https://www.youtube.com/c/DoMoreTakeChargeofYourLife ITUNES: https://apple.co/2lQ47mS GOOGLE PLAY: https://bit.ly/3b1l8iO SPOTIFY: https://tinyurl.com/y6zufvcp PODBEAN: https://domoreasia.podbean.com/ INSTAGRAM: https://www.instagram.com/domore.asia/
21 min