Hiap Teck Venture Berhad (HTVB) is a dynamic and leading steel company in Malaysia. Incorporated in 1993, it is a public listed company on the Malaysia Stock Exchange and is rank among the top tier Malaysian steel companies with an outstanding track record and revenue exceeding the billion ringgit mark.
Through its successful wholly-owned subsidiaries, HTVB holds more than 20 years of extensive steel industry experience, offering steel product solutions for steel application to a diverse customer base both domestic and international in multiple sectors such as building construction, manufacturing, engineering and oil and gas.
HTVB’s head-office and its subsidiaries are collectively located on a land area of approximately 70 acres / ____ h. The entire group complex is strategically located and geographically positioned within close proximity to Malaysia’s premier port, Port Klang, essentially permitting significant logistical support coverage and economical advantage on movement of goods and services.
To be the leading steel company.
• Participate in the development of the country
• Enhancement of the existing core business to position for growth
• Total customer satisfaction
• One stop steel centre
• Continuously develop human asset
• Build value for shareholder
TAN SRI ABDUL RAHMAN BIN MAMAT
Chairman / Independent Non-Executive Director
Y. Bhg. Tan Sri Abdul Rahman Bin Mamat was appointed as Independent Non-Executive Director of Hiap Teck Venture Berhad (“HTVB”) on 28 January 2011. He was then appointed as Chairman of the Company on 12 December 2012.
Tan Sri Abdul Rahman graduated with a Bachelor of Economics (Honours) from University Malaya, Malaysia and has an Advanced Management Programme qualifications from Harvard Business School, Boston, the United States of America.
Tan Sri Abdul Rahman joined the Ministry of International Trade and Industry (“MITI”) as an Assistant Director on April 18, 1975 and served in various capacities in MITI for 35 years before retiring in December 2010. The positions held were : (1) Deputy Trade Commissioner, Malaysian Trade Office, New York, the United States of America; (2) Director of Trade, Malaysian Trade Centre, Taipei, Taiwan; (3) Economic Counsellor/Trade Commissioner and Deputy Permanent Representative to the United Nations Economic and Social Commission (ESCAP), Malaysian Trade Office, Bangkok, Thailand; (4) Special Assistant to the Minister of International Trade and Industry; (5) Director, Export Promotion Bureau, Malaysia External Trade Development Corporation (MATRADE); (6) Director of Industries; (7) Senior Director, Policy and Industry, Services Division; (8) Deputy Secretary- General (Industry); and (9) Secretary-General.
During his tenure in MITI, he also served as MITI’s representative on the board of various companies and corporations including Malaysian Industrial Development Authority (MIDA), MATRADE, Johor Corporation, Regional Economic Development Authority (RECODA) and Lembaga Kenaf dan Tembakau Negara. Tan Sri Abdul Rahman has represented Malaysia in a number of international meetings, bilateral, regional and multilateral negotiations, conferences and symposiums. He had also contributed towards formulating, implementing and monitoring policies and programs on international trade, industrial growth and entrepreneurship development. He is an honorary member of the ASEAN Federation of Engineering Organisations and a Malaysian Leader for the High Level Task Force on ASEAN Economic Integration.
TAN SRI DATO’ LAW TIEN SENG
Executive Deputy Chairman
Tan Sri Dato’ Law Tien Seng was appointed as the Deputy Chairman and Non- Independent Non-Executive Director of HTVB on 1 June 2010. He was re-designated as Executive Deputy Chairman on 3 August 2011.
Tan Sri Dato’ Law is a businessman and owns a group of companies which are diversified in various industries engaged in mining, manufacturing of steel products, property development and investment.
LEOW HOI LOONG @ LIOW HOI LOONG
Independent Non-Executive Director
Mr. Leow Hoi Loong @ Liow Hoi Loong was appointed as Independent Non-Executive Director of HTVB on 13 December 2012.
Mr. Leow is a Fellow Member of the Chartered Association of Certified Accountants, United Kingdom. Mr. Leow started his career with American International Assurance Co. Ltd. in 1977 as Marketing Executive in marketing of financial services. In 1979, he joined Pacific Bank Berhad as Regional Credit Officer and was later made the Accountant at the Bank’s Head Office until 1982. He then joined the Low Yat Group and AP Land Bhd as Group Financial Controller and Company Secretary and served the position for six years (1982 – 1988). He was a Corporate and Institutional Dealer with TA Securities Berhad from 1988 to 2002.
Currently,he is holding a dealer’s representative licence from M&A Securities Berhad. Mr. Leow also owns and manages several private companies involved in property investment, retailing business and industrial property development locally and abroad.
LEE CHING KION
Independent Non-Executive Director
Mr. Lee Ching Kion was appointed as the Executive Director and Group Chief Operating Officer of HTVB on 1 June 2010. Mr. Lee was re-designated as Non-Independent Non- Executive Director on 29 March 2012 and on 26 September 2014, he was re-designated as Independent Non-Executive Director.
Mr. Lee obtained his Bachelor of Science with Honours Degree in Metallurgy and Materials Science from the University of Nottingham, England. He started his career in 1979 as an Engineer. He was with Yodoshi Malleable (M) Sdn Bhd and Jebsen-Jessen Engineering Sdn Bhd before he joined Amsteel Mills Sdn Bhd. He was the Sales Engineer of Amsteel Mills Sdn Bhd and later became the Head of Research & Development and Quality Control Department. He spent seven (7) years in Amsteel Mills Sdn Bhd and left in 1990. Mr. Lee then joined Wuthelam Holding (M) Group of Companies as General Manager in 1990 and he was appointed as a Director in 1991 and held the position until he left in 1997.
Mr. Lee Ching Kion was the Head of Property/Business Division of DNP Holdings Berhad from 1997 to 2001. He was concurrently the Managing Director of Posim Berhad, the Chief Executive Officer of Bright Steel Sdn Bhd and the Commercial Director of Steel Division of Lion Group from 2001 – 2003. He resigned from all his positions within the Lion Group in June 2003. Mr. Lee was the Director of Midwest Corporation Ltd, an Australian company from 2003 – 2005. He was also the Director of Malayawata Steel Berhad, Magna Prima Berhad and Melewar Industrial Group Berhad.
SHERMAN LAM YUEN SUEN
Independent Non-Executive Director
Mr Sherman Lam Yuen Suen was appointed to the Board of the Company as Independent Non-Executive Director on 21 December 2020.
Mr Sherman holds a Master’s in Business Administration (Finance) from Charles Sturt University, Australia. He is a Chartered Accountant of the Malaysian Institute of Accountants, a Fellow of the Chartered Institute of Management Accountants of UK, a Fellow of CPA Australia, a Chartered Member of the Institute of Internal Auditors of Malaysia and a CFP™ certified member of the Financial Planning Association of Malaysia.
Mr Sherman started his career with Fulton Prebon (M) Sdn Bhd, a financial services subsidiary of Seacorp (a PNB company) in 1994. He then joined Utama Merchant Bank Berhad, (an investment bank jointly owned by Utama Banking Group Berhad and HSBC Investment Bank Asia Ltd) in 1997, as its Chief Dealer and Treasury Manager. Thereafter in mid-2000, he joined Nikkei Pacific Corporate Advisors, then a leading regional corporate finance advisory firm as an Associate Director where he advised on several large corporate restructuring and capital raising exercises in Indonesia and Malaysia.
Since mid-2002, Sherman has been the Managing Director of Cirrus Ventures group, a regional private equity/venture capital investments and corporate strategic consulting services firm. He has more than 25 years of demonstrated, broad-based senior management experience in corporate advisory, treasury management, capital markets, corporate finance and investments with financial institutions as well as corporate board experience in listed public and privately held entities in Malaysia, Singapore, Indonesia and China. Sherman is also the Managing Partner of Sherman Lam & Co, a Chartered Accountant firm and the current Deputy Secretary of the China-ASEAN (Malaysia) Entrepreneurs Association.
Sherman currently serves as an Independent Non-Executive Director on the Board of Directors of Asian Pac Holdings Berhad and Gadang Holdings Berhad. He has previously served on the Board of Directors of Bintai Kinden Corporation Berhad from 2010 to 2013, as an Independent Non-Executive Director
LAW WAI CHEONG
Mr. Law Wai Cheong was appointed as Executive Director of Hiap Teck Venture Berhad (“HTVB”) on 3 January 2017.
Mr. Law holds a LLB (Hons) Cardiff, U.K; Barrister-at-law, Lincoln’s Inn; and Msc in Management (Merit) London, U.K. Having completed his law studies, Mr Law returned to Malaysia in 2010. To gain local industry and finance experience, Mr Law opted to seek employment with Hong Leong Investment Bank Berhad (HLIB). While in HLIB, he focused on areas of corporate finance and corporate advisory, After HLIB, Mr Law chambered at the Law Office of KK Chong for 9 months.
Mr Law is a Director of the Law family-owned TS Law Group, a diversified group of companies engaged in steel production and distribution, mining of iron ore, bauxite, tungsten, gold and molybdenum, and property development and investments in Malaysia, China, Australia and the United Kingdom.
Mr Law is a son of Tan Sri Dato’ Law Tien Seng, a major shareholder and the Executive Deputy Chairman of Hiap Teck Venture Berhad.
FOO KOK SIEW
Mr. Foo Kok Siew was appointed as Independent Non-Executive Director of HTVB on 24 February 2010. He was re-designated as Executive Director on 1 January 2013.
Mr. Foo holds a Bachelor of Economics Degree from Monash University, Melbourne. He started his career at the Chase Manhattan Bank, Kuala Lumpur in 1985 and since then, he has held senior positions with various corporations including Carr Indosuez Asia Limited, Hong Kong, Insas Berhad, HLG Capital Berhad and Kejora Harta Berhad. He was the Chief Executive Director of Alliance Investment Bank Berhad (2004 to 2006).
TAN SHAU MING
Mr. Tan Shau Ming was appointed as Executive Director of HTVB on 26 September 2014.
Mr. Tan joined the HSBC Group upon completion of his “A: level exams in 1982. During his career at HSBC, Mr. Tan has been honored with the “Top Marketing and Retainer Achiever for Personal Banking” and also the “Top Sales Performer” awards. Mr. Tan held the position of Project Liaison Officer for Regional East Coast until his resignation from HSBC in 1999.
Mr. Tan was an Executive Director at TAP Resources Berhad from 1999 until 2004, and he was also a member of its Remuneration Committee. His responsibilities in the company included Properties Developments, Human Resources and Administration.
Thereafter, Mr. Tan Shau Ming joined Ji Kang Dimensi Sdn Bhd, a Hot Rolled Steel Plates manufacturing company based in Gebeng, Kuantan as its Executive Director until 2012. His responsibilities in the company included Factory Operations, Logistic and Transportations.
In March 2012, Mr. Tan joined Alpine Pipe Manufacturing Sdn Bhd, a wholly owned subsidiary of HTVB as the Chief Production Officer. His scope of responsibilities has since been expanded to include oversight of all the Group’s Manufacturing Operations, Human Resource, Warehousing, Transportation Services and Administration. Mr. Tan also holds the position of Personal Assistant to the Executive Deputy Chairman.
Hiap Teck Venture Berhad (HTVB) employees dedicate themselves to putting the company’s five core values into action. Safety is first – it’s HTVB top priority. The other core values are diversity and inclusion; environmental stewardship; focus on cost, quality and customer; and results and accountability. Focusing on these values guides the company’s highly skilled workforce toward realizing global vsion: Making Steel. World Competitive.Building Value.
Our operations are efficient and high tech, and the company’s customer focus is intense. HTVB has been making steel for more than 10 years, always with an eye to serving customers’ needs in the most cost-effective ways possible.
Companies that want to be competitive in an increasingly global marketplace must have a global outlook and presence. HTVB continually looks for opportunities to strengthen the company’s existing presence in the global arena and strives to meet and set world-class standards in everything it does.
At HTVB, creating value for the company’s stakeholders is a priority. To ensure the company’s long-term success, it aims to build value for customers, employees, shareholders, creditors, and the communities in which it operates using the same responsible approach that has positioned HTVB as a leader in the regional steel industry.