E-Brochure - Hong Leong Group

THE VALUE
OF HERITAGE,
THE POWER
OF VISION
02
Hong Leong Group
the value
of heritage
the power
of vision
Inheriting a proud heritage of Malaysian
entrepreneurship, Hong Leong Group
is a testament that vision together
with determination, innovation and its
capability of responding to challenges
and opportunities present a powerful
and compelling force, which in return
brings in growth and success in
business.
Building on the foundation of its
strong entrepreneurial roots, Hong
Leong Group is committed to quality
and professionalism in its drive
towards its vision to build a viable,
sustainable and globally competitive
group of businesses.
Founded in 1963, Hong Leong Group
proudly shares its birth with the
nation of Malaysia. From its humble
beginning as a building materials
trading company, Hong Leong Group’s
entrepreneurial journey was charted
alongside the industrialisation and
economic growth of Malaysia. With
unwavering commitment to quality,
honour and integrity, and its ability
to identify and respond to the needs
of a vibrant developing nation, Hong
Leong Group’s early years of growth
was indeed built upon the strength of
the nation.
Hong Leong Group
Management Vision calls for in-depth
job knowledge … it adds dimension …
it is more than foresight … it is that
rare ability to see future potential in a
business setting that reaps rewards.
Tan Sri Quek Leng Chan
Founder and Executive Chairman
03
04
Hong Leong Group
Over the years,
the Group’s
entrepreneurial
spirit continued
to propel its
growth into one
of the largest
conglomerates
in South East
Asia today.
Its operations span the globe with core businesses in a
diverse range of industries – banking and financial services,
manufacturing and distribution, property development
and investments, hospitality and leisure, and principal
investment.
With reputable listed companies on major stock exchanges
around the world and with over 45,000 workforce, the
Group’s reach has gone beyond the shores of its home
base into global proportions.
Standing on its strong heritage and armed with its
commitment to embrace technological developments
along with professional management structures, systems
and methodologies, Hong Leong Group is poised to take
on the challenges of a global business in the 21st century.
Hong Leong Group
STRENGTH AND RESILIENCE BUILT ON A FIRM FOUNDATION OF VALUES
Hong Leong Group firmly believes that its core values form its foundation and
framework. Its values build its character; they are the binding cord that holds
its people together, the driving force towards the successful accomplishment
of the Group’s Vision.
Quality
To consistently provide goods and
services of the highest quality at
affordable prices
Entrepreneurship
To pursue management vision and
foster entrepreneurship
Innovation
To nurture and be committed to
innovation
Honour
To conduct business with honour
Human Resource
To enhance the quality of human
resources as the essence of
management excellence
Unity
To ensure oneness in purpose, harmony
and friendship in the pursuit of
prosperity for all
Progress
To improve existing operations and
to position for expansion and new
opportunities
Social Responsibility
To create wealth for the betterment of
society
05
06
Hong Leong Group
BANKING AND
FINANCIAL SERVICES
| Personal Financial Services
| Wholesale Banking
| Islamic Financial Services
| Investment Banking
| Insurance
| Stockbroking
| Asset Management & Unit Trust
The Hong Leong Financial Group is a leading provider of financial services in Asia.
Being connected to the communities that it serves, the Financial Group offers a
comprehensive suite of conventional and Islamic financial products and services to
meet its customers’ needs and fulfill their financial aspirations.
Hong Leong Group
Hong Leong Financial Group Berhad, the holding
company for Hong Leong Group’s banking and financial
services, has over the years grown in strength and size
through sound and focused business strategies, supported
by strong management and financial disciplines. The
Financial Group’s ability to provide comprehensive financial
services under one roof enables it to truly reach out and
connect with is customers, both in Malaysia and in the
region.
Through Hong Leong Bank Berhad, the Group provides
comprehensive services in personal financial services,
business banking, treasury, transaction banking, wealth
management and Islamic financial services. With an
extensive distribution network of more than 300 branches
and 1500 self-service terminals throughout Malaysia, Hong
Leong Bank is well positioned to offer effective, sound
and responsible financial solutions to Malaysians from all
walks of life.
Beyond its home base, the Bank’s regional footprint is
marked by branches in Singapore and Hong Kong, as well
as wholly owned subsidiaries in Vietnam and Cambodia.
In China, the Bank has a 20% shareholding in Bank of
Chengdu Co., Ltd., Sichuan, and is also a joint venture
partner with Bank of Chengdu in operating a licensed
consumer finance company in Chengdu, Sichuan.
Islamic banking and wealth management services are
provided through its full-fledged Islamic bank, Hong Leong
Islamic Bank Berhad. Offering holistic financial solutions
in wholesale and investment banking, business banking,
personal financial services and wealth management that
encapsulate the tenets and principles of Syariah Law,
Hong Leong Islamic Bank’s products and services are
easily accessible to customers seeking an alternative to
conventional banking both through its dedicated Islamic
Banking branches as well through all conventional Bank
branches nationwide.
07
Hong Leong Assurance Berhad, a leading Malaysian
insurance company, is one of the country’s fastest growing
life insurers backed by a fast expanding agency force
nationwide. Through a strategic partnership exercise, Hong
Leong Assurance Berhad has merged its general insurance
business with MSIG Insurance (Malaysia) Bhd, forming
Malaysia’s second largest General insurer. A wholly-owned
subsidiary in Singapore was incorporated under the name,
HL Assurance Pte. Ltd.. HL Assurance Pte. Ltd. is 100%
owned by HLA Holdings Sdn Bhd. The Group is also present
in Hong Kong through its subsidiary Hong Leong Insurance
(Asia) Limited. Additionally, Islamic General Insurance,
or Takaful is provided through Hong Leong MSIG Takaful
Berhad.
The Financial Group also provides stock broking, investment
banking, capital market services and fund management
services across the region through the subsidiaries of Hong
Leong Capital Berhad, namely Hong Leong Investment
Bank Berhad and Hong Leong Asset Management Bhd.
Hong Leong Investment Bank Berhad offers relevant and
effective solutions to institutional clients in Asia seeking
to generate value and access to capital markets as well as
innovative trading products and services across treasury,
equities, derivatives and foreign exchange.
HLG Unit Trust Bhd is one of the pioneers in the
Malaysian Unit Trust industry. After a merger with HLG
Asset Management Sdn Bhd, it is today known as Hong
Leong Asset Management Berhad. Hong Leong Asset
Management offers a comprehensive range of managed
solutions across equity and debt asset classes along with
efficient customer support and communication to help
its customers achieve superior long term risk-adjusted
returns.
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Hong Leong Group
MANUFACTURING
AND DISTRIBUTION
| Motorcycles
| Roofing Tiles
| Ceramic Tiles
| Trading and Distribution
| Fibre Cement Board of Building Materials
| Concrete Products
| Newsprint
| Semiconductors
| Steel
| Furniture
| Cement Flour
| Edible Oils
| Detergents
Hong Leong Group is involved in a wide range of manufacturing and distribution
activities that generates a revenue base exceeding USD2.5 billion. The Group’s
manufacturing and distribution operations and products are represented and distributed
by a worldwide network of branches, appointed distributors and agents. Leveraging
on its diversity and strength, the Group is committed to producing goods of the highest
quality at affordable prices through continuous improvement, innovation, research and
development.
Hong Leong Group
Hong Leong Manufacturing Group Sdn Bhd (“HLMG”)
was incorporated in Malaysia to consolidate the
Malaysian manufacturing activities of Hong Leong Group.
Consequently, HLMG became the investment holding
company of the following four Malaysian public listed
companies:
1.
2.
3.
4.
Hong Leong Industries Berhad (“HLI”);
Malaysian Pacific Industries Berhad (“MPI”);
Southern Steel Berhad (“SSB”); and
Hume Industries Berhad.
Hong Leong Industries Berhad (“HLI”)
Hong Leong Yamaha Motor Sdn Bhd (“HLYM”)
commenced in 1978, with the signing of the franchise
agreement between HLI and Yamaha Motor Co., Ltd. of
Japan to venture into the manufacture, assembly and
marketing of Yamaha motorcycles in Malaysia. The
company operates from its factory located in Sungai Buloh,
Selangor, Malaysia and currently distributes its motorcycles
through a well-established nationwide network of dealers,
including exclusive dealers of HLYM products. Over the
years, HLYM has established itself as a significant domestic
player in Malaysia.
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Guocera Holdings Sdn Bhd is the holding company for
the tiles business of the Hong Leong Group and is a wholly
owned subsidiary of HLI. The company manufactures and
distributes a full range of ceramic and porcelain tiles. In
1993, Guocera started promoting and marketing its tiles
under the common brand name “Ceramiche Guocera”.
Guocera, through its two manufacturing facilities located
in Kluang, Johor and Meru, Selangor is Malaysia’s largest
ceramic manufacturer and exporter. It exports its tiles
worldwide to customers in North America, Europe, Middle
East and Asia Pacific, and through its export presence
over the past 40 years, Guocera is a globally recognised
brand in the industry. Guocera has been transforming the
living and work spaces of its customers over the years
with innovative products and inspiring designs. Inspired by
quality Italian craftsmanship and its artisan ethos, Guocera
is a recognised household brand in Malaysia.
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Hong Leong Group
Hume Cemboard Industries Sdn Bhd (“HCI”) was
first incorporated as Cemboard (M) Sdn Bhd and started
commercial production in 1982. HCI manufactures
and distributes the PRIMABOARDTM family of products,
comprising cellulose fibre cement boards in various
dimensions that provide internal lining and external
architectural cladding solutions for buildings and their
surrounds. Fibre cement board products are made from
high grade cellulose fibre, quality cement, sand and water
and it can be used in myriad applications in the residential,
industrial and commercial markets. The fibre cement
board products are manufactured at its Petaling Jaya and
Ipoh plants. HCI is the leading domestic player in the fibre
cement board industry and distributes its products both
locally and internationally. Its export markets include
Australia, Taiwan, South Korea, Middle East, Vietnam and
the Philippines.
Founded in 2002, Hume Roofing Products Sdn Bhd
(“HRP”) is a wholly owned subsidiary of HLI and its
factories are located at Bandar Tenggara, Johor and Kanthan,
Perak. HRP manufactures and markets premium concrete
roofing tiles. The concrete roofing tiles produced by HRP
are designed with bold, aesthetically pleasing profiles and
a wide range of attractive and vibrant colours. These are
complemented with a range of roofing accessories.
HLI is involved in the trading and distribution of building
materials through its wholly owned subsidiaries, Hume
Marketing Co Sdn Bhd (“HMKT”) (formerly known as
Hong Leong Marketing Co Berhad) and Hume Marketing
(EM) Sdn Bhd (“HMEM”) (formerly known as Hume
Marketing Sdn Bhd). Established in 1963, HMKT is one
of the major Building Material Products trading and
distribution companies in Malaysia. Its products include
cement, ceramic tiles, steel bars, pipes, wire rods and
mesh, sanitary wares and fittings, fibre cement products
and roofing materials. Both HMKT and HMEM sell their
products through an extensive network of dealers,
contractors and developers. HMKT operates principally in
Peninsular Malaysia whereas HMEM, in East Malaysia. Its
Head Office is located in Petaling Jaya, Selangor and they
have branches strategically located in Northern region,
Klang Valley, East Coast region, Southern region and East
Malaysia.
HLI invested into a greenfield newsprint mill in 1996 with a
33.65% stake in Malaysia Newsprint Industries Sdn Bhd
(“MNI”). MNI’s other investors are Norske Skog, a world
leading producer in newsprint, News Straits Times Group
and Rimbunan Hijau Group. MNI is the only producer of
newsprint in Malaysia. MNI’s plant is located at the Temerloh
Industrial Park in Mentakab, Pahang, with an installed
capacity of 250,000 tonnes of newsprint per annum.
Hong Leong Group
MNI’s operations involve the recycling of old newspapers
and old magazines into premium quality newsprint
for today’s modern presses with reliable runability and
consistent printability. MNI’s products are approved and
listed in the Green Directory since 28 January 2011 and
officially certified as SIRIM Eco-label products on 26 June
2011 in line with the government’s policy to promote
environmentally friendly products.
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also provides a full range of turnkey test services for
radio frequency, mixed-signal, analog, digital and power
devices. This flexibility in product offerings allows Carsem
to supply to different market sectors, such as the industrial,
telecommunications, information technology, consumer
(including smartphone and tablet) and automotive sectors
thus avoiding over-dependence on any particular sector.
Carsem also offers overall final test services, supported by
extensive R&D and failure analysis laboratories.
Carsem (M) has two plants located in Ipoh, Perak in
Malaysia, while Carsem Suzhou is located in the Suzhou
Industrial Park in Jiangsu province, China. Carsem is
supported by a global network of sales and technical
support offices with marketing agents in Japan and
marketing offices in Taiwan, Los Angeles, Boston, Dallas
and Silicon Valley in United States and United Kingdom.
Malaysian Pacific Industries Berhad
(“MPI”)
Founded in 1972, Carsem is a leading provider of turnkey
packaging and test services to the semiconductor industry,
offering one of the largest package and test portfolios in
the world. The current combined operations of Carsem (M)
Sdn Bhd (“Carsem (M)”) and Carsem Semiconductor
(Suzhou) Co., Ltd. (“Carsem Suzhou”), also known
as “Carsem”, makes it one of the largest independent
semiconductor sub-contract assembly houses in the world,
producing over 100 million units per week with more than
65% of this volume shipped as fully tested products.
Carsem’s product offering covers the widest package range
in the industry from simple low pin count micro devices
to the more advanced high pin counts and high value
packages. Carsem’s end-market is relatively diversified due
to its wide range of integrated circuits packages. Carsem
Dynacraft Industries Sdn Bhd (“DCI”) was originally set
up in 1974 as a subsidiary of a USA-based multinational
company, providing semiconductor leadframe and
semiconductor materials support to their IC assembly
plants in the Asia Pacific region. In January 1996, DCI was
acquired by MPI and became a member of the Hong
Leong Group. DCI operates its factories in Bayan Lepas
Free Industrial Zone in Penang, Malaysia. DCI is one of the
largest manufacturers of leadframes in the world, leading
the industry in terms of design, production and supply of
microelectronic packaging systems.
DCI’s main leadframe products comes in etched and cerdip
lead frames. Lead frames are used in a broad range of
electronic products, such as home computers, automotive
components, telecommunications, toys and electronic
games. DCI supplies semiconductor manufacturers and
assembly contractors with the packaging needed to
connect the chips to their products.
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Hong Leong Group
Southern Steel Berhad (“SSB”)
Southern Steel Berhad’s Group of companies (“SSG”)
is an established producer of a wide range of high quality
steel products including billets, steel bars, wire rods, wire
mesh, PC strand and wires, and steel pipes. It is also
currently the biggest producer of wire mesh in South East
Asia. SSG’s drawn wire, tyre bead, rope and galvanised
wires are housed under a joint venture company with NV
Bekaert SA, a global technological and market leader in
advanced solutions based on metal transformation and
coating.
Over the years, SSG has been emphasising on technological
advancement, pioneering the commercialisation of some
new equipment and processes with suppliers. The hot
roll coil is SSG’s latest endeavour. SSG also places great
importance in consistency by ensuring quality product
supplies are provided to its business partners. SSG has been
awarded many accolades, both locally and internationally,
in recognition of its achievements in ensuring high quality
throughout its operations.
HFI’s principal business is in the manufacture and supply
of furniture, both as an Original Equipment Manufacturer
(“OEM”) and as an Original Design Manufacturer (“ODM”).
Its furniture are exported to furniture retailers in North
America, Europe, Asia Pacific, Middle East and Africa. HFI
also manufactures and supplies customised casegoods
furniture to hotels and serviced apartments. HFI’s other
principal business is in the interior design and fit-out
(“IFO”) works to the hospitality sector such as hotels and
service apartments, and commercial sectors such as banks
and offices.
Hume Industries also owns the entire equity interest
in Hume Cement Sdn Bhd (“Hume Cement”) and
Hume Concrete Sdn Bhd (“Hume Concrete”), which
is principally involved in the manufacturing and sale of
cement, concrete and its related products. Hume Cement’s
factory is located at Gopeng, Perak in Malaysia and it has a
capacity of producing 5,000 tonnes of cement per day. The
first Hume precast concrete factory was established in Prai
in 1929. Now, Hume Concrete Division has grown to be the
premier manufacturer of precast concrete products, with 5
main factories strategically located throughout Malaysia,
to cater for both local and export markets.
The Hong Leong Group is also the major shareholder of
Lam Soon (Hong Kong) Limited, a listed company on
the Hong Kong Stock Exchange. Lam Soon (Hong Kong)
Limited is a renowned food company in Hong Kong and
Mainland China with businesses focusing in flour, edible
oils and detergent. It owns and operates several flour
mills in China. With more than half a decade of experience
in manufacturing and distribution, laboratories and
facilities with world recognised accreditations, as well as
a collection of reputable, award winning brands for its
products like Golden Statue bread flour, American Roses
cake flour, Knife Brand edible oil, Red Lantern edible oil,
AXE detergent and Labour detergent, Lam Soon (Hong
Kong) Limited reflects the Group’s commitment to bringing
the best to customers.
hume Industries Berhad
Hume Furniture Industries Sdn Bhd (“HFI”) is a wholly
owned subsidiary of Hume Industries. HFI is engaged
in the design, manufacture and supply of furniture, and
interior design fit-out works. Its factory is located in Nilai,
Negeri Sembilan, Malaysia.
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Hong Leong Group
PROPERTY DEVELOPMENT
AND INVESTMENT
| Singapore
| China
| Malaysia
| Vietnam
| REIT
Artist Impression
Through GuocoLand Limited, a company listed on the main board of the Singapore
Exchange Limited, Hong Leong Group undertakes property development, property
investment, property management and property-related services.
014
Hong Leong Group
GuocoLand Limited (“GLL”) is an award-winning developer whose developments
are distinguished by quality, innovative designs and concepts. Headquartered
in Singapore, GLL has established its presence in Singapore, China, Malaysia
and Vietnam.
Artist Impression
SINGAPORE
As a major developer in the Singapore property market,
GLL has built up a quality land bank and a portfolio of
prominent developments in the prime districts of Singapore
– Goodwood Residence in the Orchard-Scotts area, Sophia
Residence located at the prime Mount Sophia area and
Leedon Heights Site, next to the prestigious Leedon Park
Good Class Bungalow area. Acclaimed architects and
landscape specialists work on these developments to
ensure quality features and designs that will appeal to
home buyers. A recipient of the prestigious Building and
Construction Authority (BCA) Green Mark Platinum Award,
GLL is proud to be recognised for its efforts in developing
eco-friendly and award-winning projects.
GLL’s eco-friendly, mixed use development on a 1.5 hectare
site at Tanjong Pagar within the Central Business District
(“CBD”) in Singapore is a landmark project that rises 280
meters above sea level. The development will command
a panoramic view of the city’s skyline and across the CBD
to the Marina Bay area.
The Group also owns a prime office building known as
Tung Centre, located at Collyer Quay in Singapore’s Central
Business District at Raffles Place.
Hong Leong Group
015
Artist Impression
CHINA
The Group’s wholly-owned subsidiary, GuocoLand China
(“GLC”), has been active in China since 1994, with
embedded operations in major cities such as Beijing,
Shanghai, Nanjing and Tianjin. Being a significant property
developer with a sizable portfolio of properties completed
and under development of 2.5 million square metres
of gross floor area, GLC is known for developing quality
and iconic residential, commercial retail and hospitality
developments.
GLC’s two major integrated developments are located
in Beijing and Shanghai, - Beijing Guoson Centre in the
Dongzhimen area of Beijing Dong Cheng District (“Beijing
Guoson Centre”) and Shanghai Guoson Centre in the
Changfeng area of Shanghai Putuo District (“Shanghai
Guoson Centre”). These two integrated developments have
garnered the Asia Pacific International Property Awards in
association with Bloomberg Television 2010 in London for
respectively, the “Best Mixed Use Development China”, the
“Best Mixed Use Development Asia Pacific” and also the
“Best International Mixed-use Development”.
Beijing Guoson Centre has approximately 600,000 square
metres of gross floor area under development, comprising
the 167,000 square metre Guoson Mall, the 5-star Guoman
Hotel Beijing, twin office towers, the 188-unit Guoson
Residences and 40,000 square metres of rooftop gardens.
Beijing Guoson Centre integrates a transportation hub
which is in operation and incorporates subway lines,
a bus interchange and an express rail link to Beijing
Capital International Airport in 16 minutes. The project
was awarded the 2007/2008 Beijing Construction Great
Wall Cup Golden Medal Award, the highest accolade for
excellent construction quality.
Shanghai Guoson Centre is strategically located at
the Changfeng Ecology Commercial District. With
approximately 500,000 square metres of gross floor area,
this development comprises of Guoson Mall, the 5-star
442-room Guoman Hotel Shanghai, office towers, SoHo
(Small office, Home office) and serviced apartments. The
Hongqiao integrated transportation hub which is just a 10
minutes’ drive away, offers connectivity via express rails to
other cities including Hangzhou, Nanjing and Beijing.
In Nanjing, GLC has a 1,112-unit residential development
called Ascot Park, which has been fully sold, and a 99%
interest in a 296,002 square metre land parcel in Gujiaying
area, located near the Purple Mountains in the Xuanwu
District. In Tianjin, GLC has a 1,176-unit development known
as Seasons Park where all 120 units launched in Phase 1
had been fully sold.
016
Hong Leong Group
MALAYSIA
In Malaysia, the Group’s subsidiary, GuocoLand (Malaysia)
Berhad (“GLM”), listed on the Main Market of Bursa
Malaysia Securities Berhad (“Bursa Securities”), is a major
developer of residential and commercial properties. GLM
has a portfolio of prime projects which includes Damansara
City in Damansara Heights, Emerald in Rawang, PJ City
Corporate Hub in Petaling Jaya, Commerce One along Old
Klang Road and Amandarii in Kajang.
Currently, GLM owns two hotels, namely, Thistle Port
Dickson Resort and Thistle Johor Bahru.
GLM REIT Management Sdn Bhd, a wholly owned
subsidiary of GLM, is the manager of Tower REIT, which
is listed on the Main Market of Bursa Securities. GLM
Group owns approximately 21.7% interest in Tower REIT,
which currently has an investment portfolio comprising
three prime commercial buildings, namely, Menara HLA,
HP Towers and Menara ING with a total net lettable area
of approximately 83,200 square metres (895,430 sq ft) in
strategic locations in Kuala Lumpur. GLM derives recurring
management income in tandem with growth in the assets
of Tower REIT.
Hong Leong Group
VIETNAM
017
Artist Impression
The Group’s maiden development investment in Vietnam
is The Canary. The Canary will have the distinction of
being the first fully-integrated development in Binh Duong
Province, a leading recipient of Foreign Direct Investment
among Vietnam’s provinces. The Canary is well-positioned
to tap the potential growth of Binh Duong Province,
the surrounding provinces of Ho Chi Minh City, and the
Vietnam-Singapore Industrial Park.
The Canary will yield a total gross floor area of approximately
285,000 square metres and will include 1,200 residential
apartments, a retail mall, a hotel, educational facilities
including an international school.
Artist Impression
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Hong Leong Group
HOSPITALITY
AND LEISURE
| Hotels & Resorts
Hong Leong Group’s hospitality and leisure businesses are spread across
Europe and Asia.
Hong Leong Group
019
GuocoLeisure Limited, primarily listed
on the Singapore Stock Exchange
with secondary listings on the London
and New Zealand Stock Exchanges,
represents the Group’s investment in
the hospitality and leisure business.
Guoman Hotels Group Limited is the main
investment arm of GuocoLeisure Limited. Its
subsidiary, Guoman Hotel Management (UK)
Limited owns, leases or manages 37 hotels in the
United Kingdom including four unique properties
under the exclusive collection of Guoman deluxe
hotels. The other hotels carry the Thistle brand,
one of the most recognised brands in the United
Kingdom. Thistle Hotels offers full service hotels
catering for both business and leisure travelers.
Clermont Leisure (UK) Ltd, another whollyowned subsidiary of GuocoLeisure, is a licensed
operator of casinos in Great Britain. In 2006,
Clermont Leisure acquired the prestigious
Clermont Club and is currently the renowned
flagship operation for the company. Located
in exclusive Mayfair, The Clermont Club was
founded in the early 1960’s and is one of
London’s most celebrated casinos.
In Asia, through GLM, the Thistle brand made its
first entry with the launch of Thistle Port Dickson
Resort, formerly the Guoman Hotel Port Dickson.
This was followed by its second property launch
in Malaysia, Thistle Johor Bahru, formerly the
Hyatt Johor Bahru, in 2010.
GLM will add another hotel to its stable –
Clermont Kuala Lumpur – which is part of the
Damansara CITY integrated development. The
luxury 5-star hotel is expected to open its doors
in 2016.
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Hong Leong Group
PRINCIPAL
INVESTMENT
Leveraging on its years of experience and success as an investor, Hong Leong Group
undertakes principal investment activities globally.
Hong Leong Group
Apart from being known for its success in building long
term businesses and continuous drive for management,
operational and financial excellence in all of its businesses,
Hong Leong Group has also long been recognised as an
astute investor. Leveraging on this strength, the Group is
active in Principal Investment activities.
Principal Investment is one of the core businesses of
Guoco Group Limited (Guoco Group), a listed company
on the Hong Kong Stock Exchange. Committed to its
mission to create attractive risk weighted returns and
capital value to the Group, the investment team at
Guoco Group is made up of well-trained and experienced
investment professionals, who are supported by up-todate information systems and technological infrastructure
as well as solid risk management processes and control
mechanisms. Ongoing resources are allocated to enhance
the investment infrastructure to cater for the business.
The Board Investment Committee is mandated by the
Board of Directors to guide the overall process governing
the investment and treasury operations. Chaired by the
Executive Chairman of the Group, the Board Investment
Committee comprises the Group’s most senior executives
with broad financial, investment, risk management and
operating experience. The Board Investment Committee
is supported by the Group Investment Managers (GIM)
and Group Treasury Managers (GTM). GIM is responsible
for managing the Group’s equity portfolio with a global
mandate on absolute return and long-only basis. GTM is
responsible for managing the Group’s liquid assets and its
major forex and interest rate exposures.
021
Fully capitalising on the team’s knowledge, expertise
and insights on global economies and markets as well
as individual industries, the Group focuses on long-term
investment opportunities into businesses and industries
where their management expertise and competencies can
create sustainable profit growth leading to the creation of
capital value.
Guoco Group’s portfolio and strategic investments are not
limited to any specific industry or sector, but priority would
be given to industries which are relevant to the Asian
market where the Group has extensive core businesses,
as well as industries that will provide core synergistic
value with the Group’s existing businesses. Operating out
of Malaysia, the Group Investment Office (GIO) is focused
on building value through direct investments particularly in
the South East Asian region. At the same time, the GIO is
also tasked to source and identify investment opportunities
that can form future core businesses for the Group or those
that would enhance, expand or synergise with existing
Group operations.
With clear mandates, sound investment processes and
infrastructure and the strong backing of the Group’s
operations, the GIO plays an important role in the
continuous growth of Hong Leong Group.
022
Hong Leong Group
CORPORATE SOCIAL
RESPONSIBILITY
We should be mindful that we avoid building a Group whose total
concentration is to make profit – devoid of human touch and excitement.
The Group has long been committed to a policy of social responsibility by
striving for the betterment of society and holds strongly the belief that an
organisation does not detach itself from its social responsibilities.
Tan Sri Quek Leng Chan
Founder and Executive Chairman
Hong Leong Group
Long before Corporate Social Responsibility became a
corporate trend, the Group had committed itself to being
a responsible corporate citizen of the communities within
which it operates.
With focus on education and social welfare, the Group’s
philantrophic activities are conducted through Hong Leong
Foundation (“the Foundation”). Incorporated in 1992, the
Foundation is funded by contributions from the Group’s
companies and professionally managed by Hong Leong
Fund Management, enabling the Foundation to increase
donation amounts each year. Through the Foundation, the
Group is able to reach out to the community and to actively
help build better futures.
Since its inception, the Foundation has given out millions of
ringgit in the form of scholarship grants, providing thousands
of bright but underprivileged Malaysian students with the
opportunity to pursue higher education. These scholarship
awards do not carry any repayment requirement nor are
the recipients bonded to serve the Group upon graduation.
The Foundation also makes substantial donations to help
improve the lives of orphans, the aged, the sick and those
with special needs, including responding to appeals for aid
023
by victims of natural disasters such as earthquakes, floods,
tsunamis and others. Holding steadfast to its belief that
the Group’s human resource is its greatest asset, the Group
is committed to implementing strategic human resource
policies that meet the needs of its people in different areas
such as career and skills development, health and safety
at work and the promotion of quality of life. At the same
time, the Group reaches out to its employees through the
grant of scholarships to deserving children of employees,
reinforcing its commitment to build tomorrow’s generation
through education.
The two core values that the Group holds are Quality and
Honour. As such, the Group’s operations are committed to
providing quality services to its customers and conducting
all its business affairs with dignity, integrity and honour such
that customers have come to trust the Hong Leong brand.
Apart from managing its businesses operations in accordance
to global standards, Hong Leong Group is also known for
its prudent and excellent financial management capability.
As a socially responsible corporate citizen, environmental
management programme such as recycling campaigns, air
pollution controls and waste management programme are
also continuously being deployed in the Group.
w w w. h o n g l e o n g . c o m
Wisma Hong Leong, 18 Jalan Perak
5 0 4 5 0 K u a l a L u m p u r, M a l a y s i a
T h e H o n g L e o n g G r o u p h e a d q u a r t e r s i n K u a l a L u m p u r, M a l a y s i a