Indeed, it was a momentous occasion for Cheng & Co. Group. On 6 and 7 January 2023, we held our iSGV2025 Sustainable Growth Programme in CIMA Office and Leadership Centre respectively. Day One After breakfast and registration, we began with opening remarks by our CEO, Mr. Tom Wong, during which he imparted his take on sustainable growth, and also words…
On 28th November 2020, Tunku Abdul Rahman University College (TARUC) CIMA Society has invited our Executive Chairman, Dato’ Dr Chua Hock Hoo as honorable speaker to share his successful transformation story “The Journey of Home-grown Accounting Practice: Transformation From A Humble Firm To An International Professional Services Provider” The highlights of the sharing of The Journey of Homegrown Accounting Practice…
Cheng & Co Group’s Executive Chairman Dato’ Dr Chua Hock Hoo was officially honoured as the Adjunct Professor of the Centre of Global Business and Digital Economy Studies (GloBDE), University Kebangsaan Malaysia (UKM) at the Blockchain Talks @UKM programme yesterday. Among the guests at the forum include Tan Sri Dato Seri Wahid Omar, Chairman of the Board of Directors, UKM,…
The global industry 4.0 boom has brought about major changes in technology and local industrial policies. In line with this, SEGi University (SEGi) organised the International Conference on Industry 4.0 in Kuala Lumpur from 14 to 16 October 2019. Malaysian Prime Minister Tun Dr Mahathir Mohamed was the guest of honour. Cheng & Co and DSC Consulting jointly had a…
As 2019 edges closer to its conclusion, the good times are certainly rolling in for Cheng & Co. Our wholly owned subsidiary Pro B Centre has been announced as one of three finalists for the Accounting Partner of the Year – Malaysia honour for Xero Awards Asia 2019. The winners will be announced at Xero Roadshow Asia 2019 in November…
CIMB Foundations educational programme to empower SMEs, that began on 05 September 2019 came to a close at the weekend in Kuching Sarawak. The programme was aimed at guiding SMEs to align their businesses towards the digital era, especially the 4th Industrial Revolution (IR4.0). Participants had the opportunity to learn from successful cases and understand the value technology can add…
At the centre of our Vision 2020 to become the leading homegrown international accounting firm is our mergers and acquisitions strategy (M&A). The success of all our M&A strategies are down to careful planning and meticulous execution that has resulted in more than 20 M&As since 1993. Towards the end of 2018, we finally established our Penang branch and today…
CIMB Foundation organised an educational programme today to help SMEs align their businesses towards the digital era, especially the 4th Industrial Revolution (IR4.0). Many are simply not ready to deal with the impact IR4.0 will have on the business landscape, particularly in the area of e-commerce. The primary aim of this programme is to help participants learn from successful cases…
Cheng & Co’s ambition to become the largest homegrown international accounting firm, with offices in 100 locations, by 2020 is just over nine months away from realisation. In pursuit of the firm’s Vision 2020, a merger and acquisition (M&A) exercise took place on 26 March 2018 at Leadership Centre, Wisma Cheng & Co HQ. This time around, the merger was…
Cheng & Co Group, thru Pro B Centre Sdn Bhd has signed a strategic partner agreement with HReasily, a leading cloud Human Resource Payroll Solution. With this partnership, Pro B Centre aims to provide a better service to customer who are looking for payroll services regionally in Malaysia, Singapore, Cambodia, Hong Kong, Indonesia, Thailand and Philippines. With this partnership, ProB…
CHENG & CO JOINS FORCES WITH CURLEC TO PROVIDE INNOVATIVE PAYMENT SOLUTIONS FOR SMES Cheng & Co and Curlec are pleased to announce a strategic partnership that will allow Small and Medium Sized Enterprises (SMEs) to tap into the previously hard to access Direct Debit system. With the recently signed MoU, Cheng & Co’s client base can now enjoy the…
International Women’s Day is celebrated all over the world. At Cheng & Co, this special day presents a grand opportunity to celebrate the achievements and success of our women leaders who’ve played sterling roles in the growth of the firm since 1993. Here, some of our top women leaders have shared their brief thoughts on why being a woman with…
The Challenges that SMEs faced when Listings Listing is the gateway for a company into capital market where funds can be raised for business development and expansion. Many SMEs in Malaysia are family -run entities and with their own unique of managing the business. However, once a company grows to a certain level, it could require more capital and the…
Another major Memorandums of Understanding (MoU) signings took place this month at Cheng & Co! It was with MoneyMatch Sdn Bhd, an upcoming money remittance and currency exchange agency. A Malaysian FinTech start-up that began business in 2015, Money Match prides itself as a comprehensive, fully – digital peer-to-peer currency exchange platform, to transfer and exchange foreign currencies at great…
The MoU with Halyscon Resources Sdn Bhd, an agency that facilitates the overall development of the Halal industry in Malaysia as well as international markets, to promote Malaysia as a global Halal hub. Halsycon’s range of JAKIM-recognised services include end-to-end Halal integrity verification services, validated Halal test kits and tools, assisting and managing Halal applicants and, training and development programs.…
As we approach the era of the new industry revolution, everything changes very fast. From buying our groceries and daily supplies from markets, today we have evolved into buying anything with a simple click on your phone or computer. This, in essence, is where our collaboration with Funding Societies ( P2P financing ) will make a difference to small and…
The year-end is always an exciting time at Cheng & Co with numerous new strategies and plans deliberated and crafted to elevate the firm to another level, the following year. This time around, it was a little different. The firm’s Transformation strategies and plans are developed for the next three years towards achieving Cheng & Co’s vision 2020. Hangzhou, China…
Small and medium enterprises (SMEs) in Malaysia received a major boost recently with Cheng & Co’s strategic partnership with Funding Societies. The significance of this partnership opens new doors for SMEs to raise funds via the peer-to-peer (P2P) financing platform. Cheng & Co will identify promising clients with great market potential and refer them to Funding Societies. The latter will…
Just over a year ago, Cheng & Co’s drive towards becoming the largest home-grown international accounting firm by 2020 went into high gear when the firm became a member of the prestigious TGS Global network. This has greatly strengthened Cheng & Co’s presence in the Asia-Pacific region and since then, a number of TGS members from other countries have dropped…
The Malaysian Institute of Accountants (MIA) hosted the prestigious MIA Conference 2017 on 7 and 8 November 2017 at the Kuala Lumpur Convention Centre in Kuala Lumpur, Malaysia. The conference is one of the most anticipated event of the year for the accounting industry and is MIA’s annual flagship event, offering the best avenue to develop the accountancy profession in…
PRO B Centre Sdn Bhd (PRO B), a wholly-owned subsidiary of Cheng & Co, signed a Memorandum of Understanding with ENVO BPO Services Sdn Bhd (Envo) at the firm’s headquarters in Kuchai Lama, Kuala Lumpur on 27 October 2017. ENVO BPO is a leading telemarketing outsourcing company in Malaysia and with this collaboration, PRO B and ENVO BPO will able…
Cheng & Co’s Deputy Managing Partner Mr Tan Wae Leng was recently invited by VA Partners and its Managing Director Mr Well Kam to deliver a talk on Malaysia’s capital market, particularly the Leading Entrepreneur Accelerator Platform (Leap) Market. The Leap market was launched by Bursa Malaysia in July as an alternative efficient funding platform for SMEs. The talk, held…
Cheng & Co’s all new branch in Taiping, Perak conducted its first ever Balanced Scorecard (BSC) sharing session on 16 October 2017. This is the first of many steps taken by Cheng & Co to slowly but surely establish the Taiping branch as a top 10 firm in the state of Perak. The branch is headed by one of Cheng…
Foreign Listings on TWSE Seminar Cheng & Co was among the co-organisers of the recent Foreign Listings on TWSE seminar and dinner at InterContinental Hotel in Kuala Lumpur, Malaysia. The seminar, held on 19 October 2017, was primarily conducted in Chinese and saw great response for the business community with many organisations eyeing expansions into international markets. Taiwan’s capital market…
Yayasan Peneraju Accounting Symposium 2017 At the recent Yayasan Peneraju Accounting Symposium 2017, the Second Finance Minister Datuk Seri Johari Abdul Ghani was quoted as saying “we aim to produce 60,000 accountants by 2020 and right now Malaysia has 33,000 professional accountants. Among them, 20,032 are chartered accountants.” This target aligns precisely with Cheng & Co’s own vision 2020 which…
Bursa Malaysia’s Leading Entrepreneur Accelerator Platform (Leap) Market was officially launched on 25 July 2017 as an alternative efficient funding platform for SMEs. This development is the first of its kind in the ASEAN Region. On 5 October 2017, Cheng & Co co-organised a conference on “The Pathway for SMEs Toward Listing – Preparation and Challenges” with the Federation of…
A Day To Savour For The Transformation Leadership Programme 2017 Graduates Six months of hard work finally came to fruition for Cheng & Co’s talented employees. It was time for their graduation from the Transformation Leadership Programme 2017. This year’s edition was unlike any other conducted in years past. Beyond classroom coaching and training sessions with the S.U.P.E.R series modules,…
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