Wong Jeh Shyan

Wong Jeh Shyan (Chinese: 黃哲賢; pinyin: Húang Zhéxián; Hakka: Wong Yih Shun, Jyutping: Wong1 Yi3 Sun4), (born 17 November 1964) was the former-CEO of CommerceNet Singapore.^[1] He co-founded and served as CEO of Ecommerce Gateway Pte. Ltd.,^[2] with strategic investment in Karachi and Middle East M.I.C.E. industry. The company project manages the International Defence Exhibition and Seminar^[3] and owns ITCN Asia, the largest ICT event in Pakistan. He is currently the CEO of one of Malaysia most aggressive Private Equity firm, MOC Capital Berhad.

Wong serves as the managing partner in Malaysian Venture Capital firm Arris Venture, Consulting Partner in CNSG Consulting Group, and have indirect interest in more than ten private equity and venture capital firms in China and Far East. His activities include the chairmanship of International Architects' Salon which executed the lobby for the conservation of Factory 798^[4] in Beijing from 2003 to 2004, now transformed into Dashanzi Art District 798. His incubator known work scope include mentoring successful entrepreneurs, usually from established business families in China, Singapore, Malaysia, Japan and Pakistan, expanding to South Africa. He currently sits on the Board of Advisor (CS & IT) in Institute of Business and Technology (Biztek)^[5] Karachi and advises on Dadabhoy Institute of Higher Education in Karachi.^[6]

Family background

Wong is a third-generation Chinese Malaysian of mixed dialect origins in both Fujian and Guangdong of China, his half Hakka, half Cantonese grandfather, Wong Men (born 1901 – November 1988), hailed from Qingyuan county,^[7] of Guangdong in China to the Straits Settlements via Singapore in 1912 before settling down in the tin mining region of the Kinta District. The eldest of five siblings, Wong was born in Ipoh and grew up in the village of Ampang Baru, in a wooden house with the unit number 200. His second generation local-born father Wong Yon Loong (born 1941) is a proponent of mainstream Chinese education and had served as headmaster in various primary schools in Kinta district. His second-generation mother, Goh Swee Kim (24 December 1936 – 1 December 1999) was an educationist and of pure Foochow and a quarter Hokkien descent and origin, having been headmistress at various Chinese primary schools in Perak. Despite being Chinese educationists, they elect to send Wong to a Methodist Christian missionary school for an English education .

Education

Wong graduated with two bachelor's degrees from National University of Singapore, where he further his studies after completing his high school at Han Chiang High School in Penang. He did his secondary education in Anderson School, Ipoh after leaving Seri Putera (Seri Kepayang) secondary school in Fair Park, Ipoh as well as Ho Seng Ong Methodist primary school in Canning Garden, Ipoh. He spoke a number of languages including Mandarin, Cantonese, Hakka, Hokkien, Malay, English and a smattering of French, Korean and Japanese.

Wong led a campaign to save the Chinese Language Society in Anderson School from closure in 1982. He presided over both the Geographical Society as well as Photographic Club in Anderson School from 1982 to 1983. At the National University of Singapore, Wong headed the Architecture, Building and Estate Management (ABEM) Club serving as the President in 1989–90; as well as elected President of The Architecture Society of National University of Singapore (TASNUS)^[8] also in 1989–90. Wong served in the NUS Student Union NUSSU in the 9th and 10th as ABEM representative.

A proponent of Corporate Finance and Industry 4.0, Wong's interests include educating industrialists and entrepreneurs on Companies Act, the roles of legal entity, protection of minority shareholders' rights and the methodologies of fund raising. He introduced the concepts of red dots, structured financial road map, aspirational visibility and aspirational clarity to entrepreneurs from China that attended his Entrepreneurs Roundtable networks, and his Miracles of Capital series of lectures. Wong was attributed as the origin of certain terms including capital mechanism and popular sayings among Chinese-speaking entrepreneurs and investors:

Pakistan ventures

Wong's first foray into Pakistan market was the purchase of US Publisher Pvt. Ltd.^[9] of the Jamal's Yellow Pages directory.

Together with Ecommerce Gateway co-founder Dr. Khursheed Nizam,^[2] Wong helped jump-start and developed the young MICE industry in Pakistan in the early 2000s. New to CommerceNet then, Wong led trade delegations to Pakistan^[10][11] from 2001 to 2007. From early 2008, he shifted his focus to building various international real estate funds with his Pakistan and China investment networks, investing and launching real estates projects internationally.

Wong founded the ITCN Asia series (named after Infocomm Technologies CommerceNet Asia) in Karachi, first held in March 2001. The project gained support from the Governor of Sindh then, H.E. Muhammad Mian Soomro^[12] and subsequently H.E. Dr. Ishrat Ul Ebad Khan,^[13] the succeeding Governor; and the then Sindh Finance Minister, Senator Dr. Abdul Hafeez Shaikh,^[14] as a catalyst for investment into Karachi. The project was international in scope.^[15]

Wong established a physical MuslimBIG^[16] trade series. That was after several failed online attempts including MuslimBizHub and ePortal Exchange. He is an associate of the Islamic Chamber of Commerce^[17] and the former secretary general H.E. Aqeel Ahmad Al-Jassem.

Wong planned the new 250 acres (1.0 km²) Dadabhoy University^[18] Campus in Hawkesbay, run privately by a not-for-profit foundation. The new campus is expected to ultimately house up to 28,000 undergraduates when fully developed. Wong proposed an integrated student and social housing scheme as part of the university township development, as a measure to partly relieve some pressure from Karachi's housing shortages.

Asean and East Asia ventures

Wong's Pan-ASEAN ventures are mostly centred in Bangkok, Phnom Penh with new projects in Jakarta. His known ventures are mostly related to environmental design, waste recycling, material science and project financing. His venture portfolio companies work with the promoter of Bogor Cyber Park^[19] in Indonesia.

He had financed high-risk Cambodian projects originally through the first venture capital company in the kingdom. He later withdrew from Cambodian market. He focused on environmental friendly building materials substitutes, including environmental bricks. He relocated his resources from Cambodia to Phuket, Thailand, for a while before consolidating the factories to Malaysia and China. In mid 2011, Wong started restructured his investments in Asean and East Asia to have the headquarters and operations systematically relocated to Hong Kong.

Wong's ventures in South Korea and Japan are less well documented. He focused on P2P crowd-sourcing, finance related investments and those related to e-Commerce ventures in these countries.

Bahrain, Middle East and North Africa ventures

Wong was an associate of the late Mr. Haitham O. Himut^[20] who founded Strategic Enterprise Corporation (SECORP)^[21] of Saudi Arabia.

While most of his ventures in Saudi Arabia, including exhibitions (e.g. ITCN Saudi Arabia – Dammam),^[22][23] are all located to the Eastern Province, he was interested in 'Asir province and around the Red Sea for higher value-add technologies, health sciences and sustainable urban redevelopment projects. His difficulties in securing a feasible site in 'Asir prompted him to finally focused his efforts on African continent instead.

Malaysia ventures

He initiated the Global Entrepreneurs Roundtable (GER)^[24] in Kuala Terengganu, together with Terengganu Chinese Chamber of Commerce and Industry (TCCCI), for community upgrading and think-tank activities.^[25] The series grew and concluded with the 8th GER held in Kuala Lumpur;^[26][27] and the 10th GER in Taipei.

Wong financed his proxies in the development of high-end boutique bungalows, something he passionately enjoys. He co-founded Miracle Land with Alan Lim, and developed the new Jengka township. His lesser-known initiatives include several Private-REIT, with the redevelopment of older housing into investable quality housing stock in Kuala Lumpur, and Singapore. He also jointly lectured in the REIT Manager Course together with Jeffrey Yew in Kuala Lumpur.

Wong conducted MOC Course in Malaysia, reaching 104 instalments under SM series. He took an interest in MOC Capital Berhad (MOCC)^[28] and served as CEO of the group until end-June 2018. He co-founded AlphaCap Berhad, an incubator in Kuala Lumpur focusing in technology companies; as well as Vilor Venture Berhad, another incubator in Penang.

A prolific social entrepreneurs, he jumped started C-Suites Red Dot Training Programme, LEAP Forward Red Dot Training Programme, and pushed for the formation of Alphacap Bootcamp series. He is also a key initiator of Vilor Bootcamp with Kenny Chua of Penang-based Vilor Ventures Berhad. Wong also worked closely with youth education companies Precession Berhad and Aristokratia Berhad, attempting to change and enrich the landscape of education.

Mauritius ventures

Wong's participation in Mauritius include conceptualising and master planning the Solares Integrated Resort Scheme^[29] (IRS) at Flic-en-Flac,^[30] the largest Integrated Resort Scheme in Mauritius.

As an architect and urban planner, created a new proposed Uptown for Port Louis. He incorporated this into his transportation proposal for the city. He was commissioned by French national Patrick Yaich in 2008 to work on an Uptown proposal at a site within Port Louis, not far from his original Uptown location in his major transportation proposal. The land that Wong had designed on belonged to United Docks Limited. Yaich had commissioned other architects from Dubai and United States to also propose a design each, but Wong's proposal integrated financial engineering as part of the possible solution. He worked subsequently with United Docks Limited to plan the Port Louis Uptown proposal in Caudan. <-- sources: Minutes Of United Docks Limited states that the project is KIV'ed until clearance from the government is secured.-->

One of his projects was the Mauritius Monorail^[31] lobby that he helped raise the initial finance and support.^[32] by both proponents and opponents to the idea. The promotion of MTrans Technology Berhad's monorail (now Scomi Rail)^{[33] [34]} as an alternative to Mauritius' buses and diesel cars.

Singapore ventures

Wong started the E-Global^[35] series, an award recognising intellectual ideas of aspiring and rising young individuals in Singapore. He collaborated with AMPRO, a Malay Muslim professional business organisation; Junior Chamber International, City JC Singapore; Innovators and Entrepreneur Association of Singapore (IdEAS) and other organisations to launch the E-Global Awards.

He partnered with Inderjit Singh,^[36] Dr. Khursheed Nizam and other Pakistani investor other Pakistani investor to hold Ecommerce Gateway as a private investment holding company for Pakistan business ventures. His earlier acquisitions are all environmental related companies.

He was a partner in the desktop publishing firm Fu Manchu Designs (1991–93); worked in digital imaging and archiving where he authored the business plan and co-founded CD Imaging (1991–95), now known as Fotohub; was a founding partner in Rongsak & Shyan, an architecture visualising company (1994–96) before setting up his own architecture practice of Shyan Associates in end-1996. He headed CommerceTrust Limited, a public company founded by Dr. Toh See Kiat,^[37] a former member of parliament in Singapore.

Wong co-founded the CNSG Consulting Group with Lawrence CS Ng, who currently heads the group. The group takes on projects mostly within ASEAN region and China. The consulting group often acts in tandem with CommerceNet's Consulting Partners. Together, they changed the consulting group into private equity consultants (PEC) and a financial platform to 'project manage' leveraged buy-outs, corporate raids and reverse take-overs. The group led mergers and acquisitions in ASEAN and assembled the 'Guangdong Portfolios' .

Wong focused on building MOC globally with MOC courses in Singapore^[38] and designed its revenue streams via CatalystX, and iDX to replicate his efforts in China, from 2014 to mid 2015 before he was ousted by two of his lieutenants, which led him to set up a new investment company, a public company focused on investing in high risk ventures.

South Africa ventures

He led an integrated project with equity interest by FirstRand Group^[39] in George, a second line city in South Africa's Western Cape. His design firm was subsequently commissioned to design^[40] a notable MICE-centric R28 billion urban development project there, better known as Destiny Africa.^[41][42] The project was unveiled by the Premier of Western Cape, Helen Zille on 6 November 2009.^[43] Wong maps REIT model with a combination of a hybrid project finance and corporate finance model into real estate development. The developers however chose to sell off the project with largest approved urban bulk instead of developing it.

Wong developed a keen interest in Boutique Hotel sectors. Much of his initiatives included looking for potential sites regionally in mid-2010. He launched what he called an "integrated global procurement programme" originally seeded into M2C International of Hong Kong, also known as Gloproc, but the project suffered loses and leading to the closure of the South African operations. It was originally conceived to serve the "Destiny Africa" project, but after the stagnation of the project, Gloproc was changed to a stand-alone programme in Cape Town. The focus to Velodrome project in Cape Town yields little progress and led to its closure. Other known initiatives were in collaboration with a small core group of young consultants, entrepreneurs and private equities, mostly graduates from University of Stellenbosch, working on transformation of education, training and industry-centric initiatives.

South America

Wong attempted to enter the market via Venezuela as part of a global procurement center, but without success.

Affiliations and awards

Wong leads the Chinese Entrepreneurs Network, with which he was affiliated and chaired since November 2008.

Wong received the Melvin Jones Fellow Award, the highest honour given by the Lions Club International Foundation (LCIF), awarded by Lions Club Ipoh Central in August 2011.

He is a practicing architect and registered with the Board of Architects, Singapore. He is also a corporate member of Royal Institute of British Architects and an associate of American Institute of Architects.

He was nominated and appointed the Chairman of International Architects Salon from 2003 to 2006. He was also a member of the jury for International Tianjin Music Hall Design Competition.

Wong also served as the head of organising secretariat for Singapore E-Global Awards of 2003 and 2004.

References

External links

• CNSG's web site
• Profile
• CommerceNet Blog