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Lion Group
Lion Group Malaysia is headed by chairman and chief executive officer William Cheng. Cheng's grandfather founded Lion as a small trading company in Singapore after leaving China in the 1920s. It became Malaysia's biggest steel manufacturer after winning a license from the government in 1978. One of the group's biggest investments is Suzuki Assemblers Malaysia Sdn Bhd which manufactures Suzuki motorcycles for the Malaysian market. Between 1997 and 1999 they were also involved in a joint venture with the Nanjing Group, producing the SEAT Ibiza-based Nanjing Yuejin Soyat for the Chinese market. Lion Group's key assets in Malaysia are two steel mills with a capacity of 3 million tons a year, a forest concession in Sabah that is four times the size of Singapore, and the Silverstone tyre making business. Lion also has 26 Parkson department stores in Malaysia, 13 stores in China, and nine breweries in China. The group has offices in Malaysia, Singapore, Indonesia, Vietnam, Cambodia, ...
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Private Limited Company
A private limited company is any type of business entity in "private" ownership used in many jurisdictions, in contrast to a publicly listed company, with some differences from country to country. Examples include the '' LLC'' in the United States, ''private company limited by shares'' in the United Kingdom, '' GmbH'' in Germany and Austria, ''société à responsabilité limitée'' in France, and ''sociedad de responsabilidad limitada'' in the Spanish-speaking world. The benefit of having a private limited company is that there is limited liability. However, shares can only be sold to shareholders in the business, which means that it can be difficult to liquidate such a company. Abbreviations Albania In Albania a limited liability company ( sq, Shoqëri me përgjegjësi të kufizuar Sh.p.k) is a commercial company founded by persons of physical or judicial status, who are not liable for the company and personally bear losses only up to the outstanding contribution agreeme ...
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William Cheng
Tan Sri William Cheng Heng Jem or William H.J. Cheng (; born 1943) is the chairman of Lion Group Malaysia, a conglomerate having diversified businesses encompassing retail, property development, mining, steel, agriculture and computer. He is known for introducing the Parkson department store chain in 1987. Tan Sri Cheng previously served as the President of both The Associated Chinese Chambers of Commerce and Industry of Malaysia (“ACCCIM”) and The Chinese Chamber of Commerce and Industry of Kuala Lumpur and Selangor ("KLSCCCI”) and is now Life Honorary PresidentoACCCIMand KLSCCCI. And director of Andalas Development Sdn Bhd. Cheng is the largest shareholder of Parkson Holdings, which have more than 100 department stores in Malaysia, China, Vietnam and Indonesia. And assumed Parkson Retail Asia Ltd (PRA) executive position after his nephew Datuk Alfred Cheng stepped down as managing director in May 2013. Honour Honour of Malaysia * : Commander of the Order of Loyalty to t ...
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Singapore
Singapore (), officially the Republic of Singapore, is a sovereign island country and city-state in maritime Southeast Asia. It lies about one degree of latitude () north of the equator, off the southern tip of the Malay Peninsula, bordering the Strait of Malacca to the west, the Singapore Strait to the south, the South China Sea to the east, and the Straits of Johor to the north. The country's territory is composed of one main island, 63 satellite islands and islets, and one outlying islet; the combined area of these has increased by 25% since the country's independence as a result of extensive land reclamation projects. It has the third highest population density in the world. With a multicultural population and recognising the need to respect cultural identities of the major ethnic groups within the nation, Singapore has four official languages: English, Malay, Mandarin, and Tamil. English is the lingua franca and numerous public services are available only in Eng ...
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China
China, officially the People's Republic of China (PRC), is a country in East Asia. It is the world's most populous country, with a population exceeding 1.4 billion, slightly ahead of India. China spans the equivalent of five time zones and borders fourteen countries by land, the most of any country in the world, tied with Russia. Covering an area of approximately , it is the world's third largest country by total land area. The country consists of 22 provinces, five autonomous regions, four municipalities, and two Special Administrative Regions (Hong Kong and Macau). The national capital is Beijing, and the most populous city and financial center is Shanghai. Modern Chinese trace their origins to a cradle of civilization in the fertile basin of the Yellow River in the North China Plain. The semi-legendary Xia dynasty in the 21st century BCE and the well-attested Shang and Zhou dynasties developed a bureaucratic political system to serve hereditary monarchies, or dyna ...
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Malaysia
Malaysia ( ; ) is a country in Southeast Asia. The federation, federal constitutional monarchy consists of States and federal territories of Malaysia, thirteen states and three federal territories, separated by the South China Sea into two regions: Peninsular Malaysia and Borneo's East Malaysia. Peninsular Malaysia shares a land and maritime Malaysia–Thailand border, border with Thailand and Maritime boundary, maritime borders with Singapore, Vietnam, and Indonesia. East Malaysia shares land and maritime borders with Brunei and Indonesia, and a maritime border with the Philippines and Vietnam. Kuala Lumpur is the national capital, the country's largest city, and the seat of the Parliament of Malaysia, legislative branch of the Government of Malaysia, federal government. The nearby Planned community#Planned capitals, planned capital of Putrajaya is the administrative capital, which represents the seat of both the Government of Malaysia#Executive, executive branch (the Cabine ...
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Steel
Steel is an alloy made up of iron with added carbon to improve its strength and fracture resistance compared to other forms of iron. Many other elements may be present or added. Stainless steels that are corrosion- and oxidation-resistant typically need an additional 11% chromium. Because of its high tensile strength and low cost, steel is used in buildings, infrastructure, tools, ships, trains, cars, machines, electrical appliances, weapons, and rockets. Iron is the base metal of steel. Depending on the temperature, it can take two crystalline forms (allotropic forms): body-centred cubic and face-centred cubic. The interaction of the allotropes of iron with the alloying elements, primarily carbon, gives steel and cast iron their range of unique properties. In pure iron, the crystal structure has relatively little resistance to the iron atoms slipping past one another, and so pure iron is quite ductile, or soft and easily formed. In steel, small amounts of carbon, other ...
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Suzuki
is a Japan, Japanese multinational corporation headquartered in Minami-ku, Hamamatsu, Japan. Suzuki manufactures automobiles, motorcycles, All-terrain vehicle, all-terrain vehicles (ATVs), outboard motor, outboard marine engines, wheelchairs and a variety of other small internal combustion engines. In 2016, Suzuki was the Automotive industry#By manufacturer, eleventh biggest automaker by production worldwide. Suzuki has over 45,000 employees and has 35 production facilities in 23 countries, and 133 distributors in 192 countries. The worldwide sales volume of automobiles is the world's tenth largest, while domestic sales volume is the third largest in the country. Suzuki's domestic motorcycle sales volume is the third largest in Japan. History In 1909, Michio Suzuki (inventor), Michio Suzuki (1887–1982) founded the Suzuki Loom Works in the small seacoast village of Hamamatsu, Japan. Business boomed as Suzuki built loom, weaving looms for Japan's giant silk industry. In 1929 ...
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Nanjing Automobile (Group) Corporation
Nanjing Automobile is a state-owned enterprise with a history that dates from 1947,Nanjing Automobile (Group) Corporation
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making it the oldest of the sRover sold to Nanjing Automobile
bbc.com, Saturday, 23 July 2005, 09:36 GMT
although the comparatively younger
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SEAT Ibiza
The SEAT Ibiza is a supermini car that has been manufactured by Spanish car manufacturer SEAT since 1984. It is SEAT's best-selling car. The Ibiza is named after the Spanish island of Ibiza and was the second SEAT model to be named after a Spanish location, after the SEAT Málaga. It was introduced at the 1984 Paris Motor Show as the first car developed by SEAT as an independent company, although it was designed by SEAT in collaboration with well-known firms including Italdesign, Karmann, and Porsche. From the second-generation version onwards, SEAT formed part of the German automotive industry concern Volkswagen Group. All subsequent Ibiza generations, and the rest of the SEAT model range, incorporated Volkswagen Group platforms, parts, and technologies. The Ibiza spans five generations, among which it has debuted twice (in its second and in its fourth generations) a new platform of the Volkswagen Group. All of them were the top-selling model in SEAT's product line. The Ibiz ...
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Nanjing Yuejin Soyat
The Soyat is a subcompact hatchback built by the Wuxi Soyat (南汽新雅途) branch of Nanjing Automobile (Group) Corporation. The car is based on the original 1984 ('System Porsche') version of the SEAT Ibiza Mark I (1984-1993). History After the first generation Ibiza was replaced, the technology and production line were bought by a joint venture between Nanjing Yuejin and the Malaysian Lion Group in 1997. Production did not begin, however, until Fiat took over the Lion Group's share in Jiangsu Nanya Auto, as the company was called. In 1999 the SEAT design was modified for the Chinese market and then rebranded as the Zhongguo Nanjing NJ6400, later as the modernized and fuel injected GHR Encore. This model continued until October 2003 when the Ibiza license expired and the design had to be updated. In March 2004 a Chinese mobile phone manufacturer called Ningbo Bird decided that it too wanted to get into the process of car manufacture. With Ningbo Bird joining the ori ...
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Sabah
Sabah () is a States and federal territories of Malaysia, state of Malaysia located in northern Borneo, in the region of East Malaysia. Sabah borders the Malaysian state of Sarawak to the southwest and the North Kalimantan province of Indonesia to the south. The Federal Territory (Malaysia), Federal Territory of Labuan is an island just off Sabah's west coast. Kota Kinabalu is the state capital city, the economic centre of the state, and the seat of the Government of Sabah, Sabah state government. Other major towns in Sabah include Sandakan and Tawau. The 2020 census recorded a population of 3,418,785 in the state. It has an equatorial climate with tropical rainforests, abundant with animal and plant species. The state has long mountain ranges on the west side which forms part of the Crocker Range National Park. Kinabatangan River, the second longest river in Malaysia runs through Sabah. The highest point of Sabah, Mount Kinabalu is also the highest point of Malaysia. The ear ...
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Parkson
Parkson Holdings Berhad (doing business as Parkson; ; ) is an Asian-based department store operator with an extensive network of 131 stores as of 2017, spanning approximately 2.1 million m2 of retail space across cities in Malaysia, China, Vietnam, Laos and Myanmar. Stores in Malaysia Parkson opened its first store at Sungei Wang Plaza in 1987. Since then, new stores have been rolled out across the country at approximately two stores per annum over the past 27 years. The flagship store, Parkson Pavilion, was opened in 2007. As of 29 July 2021, Parkson has 41 stores in Malaysia (38 Parkson, 3 Parkson Elite). Parkson is on a consolidation journey, recently closing down its Maju Junction stall in Kuala Lumpur but opening the Parkson M Square Mall, a retail and lifestyle hub in Puchong, which is closed 18 months of operating. Stores outside Malaysia China In 1994, Parkson opened its first department store in Beijing. Parkson is one of the first foreign department store chains to e ...
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