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"Do it right the first time," Urges Pentamaster Chairman Datuk Chuah

"Do it right the first time," Urges Pentamaster Chairman Datuk Chuah

"Do it right the first time," Urges Pentamaster Chairman Datuk Chuah

Activity

Activity

3 minutes

3 minutes

2024年8月20日

2024年8月20日

MIEF had the privilege of being invited to visit Pentamaster in Penang, a leading automation solutions provider renowned for its expertise in designing and manufacturing advanced systems for various industries.

Group Executive Chairman Datuk Chuah Choon Bin, guided by the company motto "Do it right the first time," outlines his vision for business success through the "3D to Scale" strategy—Dissect, Diversify, and Dominate. This approach involves analyzing business challenges, diversifying offerings to reduce risks, and ultimately establishing dominance in selected market segments. He pairs this with the "3 Leverages to Sustain": Leverage Talents, Leverage Market Trends, and Leverage Quality, which are essential for maintaining a competitive edge and ensuring excellence.

Success, according to Datuk Chuah, is less about fame and more about effective management, particularly of employees, whom he considers the company’s most valuable asset. He stresses the importance of delegation and empowerment to cultivate loyalty and passion within the workforce.

He also highlights the role of Business Units (BUs) and OKRs (Objectives and Key Results), which provide strategic alignment and autonomy, ensuring that every part of the organization works towards common goals. The top 20 employees, who form the backbone of the company, are crucial in driving innovation and managing the broader team.

Group Executive Chairman Datuk Chuah Choon Bin

For young entrepreneurs, Datuk Chuah advises cultivating genuine passion for their business, leading by example, and staying involved in strategic decision-making while avoiding micromanagement.

Pentamaster, founded in 1991, is a leading automation solutions provider based in Penang, Malaysia, with a global customer base. The company is listed on Bursa Malaysia (Stock Code: 7160) and the Hong Kong Stock Exchange (Stock Code: 1665).

Mohd Suffry (left) with Chen pose after the MoU signing ceremony witnessed by special guest Datuk Seri Nasir Sakaran (center), the former Senallang state assemblyman.

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Investor-friendly policy a catalyst of green energy industry in Sabah

The implementation of investor-friendly policy by the State Government has brought positive development, including gaining attention from of one of the world’s economy leading nations, China. Chairman of a government-linked company (GLC) in China, Chen Pengyu, said the policy was timely and will have a major impact in the development in the Asian region. He said the policy had attracted more investors from his home country to engage in various industries in Sabah, particularly in the renewable and green energy sectors. “Companies from China will be more interested in investing in Sabah and help the state move towards utilising green energy. “I also hope that more companies from China and from around the world will invest in Sabah in the future … Sabah is a state worth investing in,” he said. Chen said this after the Memorandum of Understanding (MoU) signing ceremony between the company he represents, Shanghai Vision Industrial Development and Bumi Borneo Consultant and Training, which will see both parties collaborate in the development of green energy in Sabah. The MoU is part of the ‘business matching’ agenda witnessed at the 11th Sabah Oil, Gas and Energy Exhibition and Conference (SOGCE) 2024, which took place over two days starting Friday at the Sabah International Convention Centre (SICC). Meanwhile, the managing Director of Bumi Borneo consultant and Training, Mohd Suffry Abdul Rahman, said the opportunity to collaborate with foreign companies was an ideal platform to fulfill the state government’s aspirations as a catalyst for green energy industry in Sabah. “After the Sabah state government, through the Energy Commission of Sabah (ECoS), took over power in early January, we have been very positive. “There have been changes in terms of energy procurement. Although it has only been five to six months, we are already seeing results. “Last May, an open tender for solar was launched for all industry players to participate,” he added. Earlier at the same event, an MoU was signed between Shanghai Vision Industrial Development and Bumi Borneo Consultant and Training thus establishing cooperation between both parties for the development of green energy in Sabah.

← Previous

Investor-friendly policy a catalyst of green energy industry in Sabah

The implementation of investor-friendly policy by the State Government has brought positive development, including gaining attention from of one of the world’s economy leading nations, China. Chairman of a government-linked company (GLC) in China, Chen Pengyu, said the policy was timely and will have a major impact in the development in the Asian region. He said the policy had attracted more investors from his home country to engage in various industries in Sabah, particularly in the renewable and green energy sectors. “Companies from China will be more interested in investing in Sabah and help the state move towards utilising green energy. “I also hope that more companies from China and from around the world will invest in Sabah in the future … Sabah is a state worth investing in,” he said. Chen said this after the Memorandum of Understanding (MoU) signing ceremony between the company he represents, Shanghai Vision Industrial Development and Bumi Borneo Consultant and Training, which will see both parties collaborate in the development of green energy in Sabah. The MoU is part of the ‘business matching’ agenda witnessed at the 11th Sabah Oil, Gas and Energy Exhibition and Conference (SOGCE) 2024, which took place over two days starting Friday at the Sabah International Convention Centre (SICC). Meanwhile, the managing Director of Bumi Borneo consultant and Training, Mohd Suffry Abdul Rahman, said the opportunity to collaborate with foreign companies was an ideal platform to fulfill the state government’s aspirations as a catalyst for green energy industry in Sabah. “After the Sabah state government, through the Energy Commission of Sabah (ECoS), took over power in early January, we have been very positive. “There have been changes in terms of energy procurement. Although it has only been five to six months, we are already seeing results. “Last May, an open tender for solar was launched for all industry players to participate,” he added. Earlier at the same event, an MoU was signed between Shanghai Vision Industrial Development and Bumi Borneo Consultant and Training thus establishing cooperation between both parties for the development of green energy in Sabah.

中文

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马来西亚国际企业总商会

Persatuan Perusahawan Antarabangsa Malaysia

(ROS Reg. No :PPM-038-01-25062024)

马来西亚企业的首选商会, 搭建马来西亚企业通向国际的桥梁!

秘书处

地址:

18, Jalan Kencana Mas 1/5, Kaw Perindustrian Tebrau 3 81100 Johor Bahru, Johor

电话:

+6019-7373108

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admin@mief.com.my

时事周刊

订阅MIEF的时事周刊!精心策划的独家内容将直接送达您的收件箱。

© 2024 All Rights Reserved by MIEF. Built by MIEF

马来西亚国际企业总商会

Persatuan Perusahawan Antarabangsa Malaysia

(ROS Reg. No :PPM-038-01-25062024)

马来西亚企业的首选商会, 搭建马来西亚企业通向国际的桥梁!

秘书处

地址:

18, Jalan Kencana Mas 1/5, Kaw Perindustrian Tebrau 3 81100 Johor Bahru, Johor

电话:

+6019-7373108

电邮:

admin@mief.com.my

时事周刊

订阅MIEF的时事周刊!精心策划的独家内容将直接送达您的收件箱。

© 2024 All Rights Reserved by MIEF. Built by MIEF