Tan Sri Dato Seri Dr Jeffrey Cheah Sunway Group CEO Conversations

Описание: SUNWAY Group is a corporate behemoth in Malaysia with three companies listed on Bursa Malaysia. Across the Causeway, it might be best known for its water theme park Sunway Lagoon, a favourite destination of many Singaporeans in their childhood. Despite its relative youth of 40 years, the conglomerate is not only one of the largest in Malaysia, with combined market capitalisation of RM15 billion but also has a sprawling presence with 15,000 employees across 50 locations worldwide including Singapore, China and Australia.

It all started with a piece of land in Klang Valley in the 1970s, left barren and derelict by tin mining. Seeing an opportunity to rehabilitate the land, founder and chairman of the group Jeffrey Cheah bought over the 800-acre piece of land from a British company to convert it into a vibrant township. Today, Sunway City has a population of 200,000, helping to create thousands of jobs and contributing substantial revenue to the Malaysian economy.

For Dr Cheah, however, the project was not just about making money; the group was founded on the principle that profitability and sustainability can go hand-in-hand.

Sunway planted 25,000 trees there, including 150 species of flora and fauna and about 32,000 species of native plants. The project received due recognition when it was lauded as the first sustainable integrated city in Malaysia by Green Building Index in 2012 and the first low carbon city in the country by the Malaysian Institute of Planners in 2016.

The successful development of Sunway City paved the way for the group to expand into other sectors and throughout the region, says Dr Cheah.

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