Wong Jeh Shyan
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- This is a Chinese name; the family name is Wong.
Wong Jeh Shyan (Chinese: 黃哲賢; pinyin: Húang Zhéxián; Hakka, born November 17, 1964 in Ipoh, Malaysia) is the CEO of the influential CommerceNet Singapore[1] and the co-founder and CEO of Ecommerce Gateway Pte. Ltd.,[2] an active venture investment company investing in strategic sectors, notably in Karachi and regionally. His company is best known as it was awarded the contract to project manage IDEAS defence show[3] in Pakistan.
Wong serves as a partner in Shyan Associates, Consulting Partner in CNSG Consulting Group, and is believed to have indirect interest in several venture capital firms including CNSG Capital, Alphamatrix VC and Betamatrix. He is considered a leading figure in both the technology, investment and design industries. He is also well known for mentoring successful entrepreneurs, usually scions from established business families. He sits on the Board of Advisor (CS & IT) in Institute of Business and Technology (Biztek)[4] Karachi. Most of his known businesses are privately held by his proxies.
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[edit] Family Background
Wong is a third-generation Chinese Malaysian: his Hakka (客家 Kèjiā) grandfather, Wong Men (born 1901-November 1988), emigrated from the Chingyuan county of Guangdong province to the Straits Settlements via Singapore in 1912 before settling down in tin mining heartland of Kinta district. The eldest of five siblings, Wong was born in Ipoh and grew up in the village of Ampang Baru, a modest wooden house unit number 200. His father Wong Yon Loong (born 1941) a proponent of mainstream Chinese education and had served as headmaster in various primary schools in Kinta district. His mother, Goh Swee Kim (born 1936 - 1 December 1999) was also a notable educationist having been headmistress at various village primary schools. Despite being Chinese educationists, they elect to send Wong to a Methodist school for an English education - which was changed to Malay stream national education.
Wong graduated with two bachelor degrees from National University of Singapore, where he furthered his studies after completing his high school in Han Jiang, Penang. Wong gained his higher secondary education in Anderson School, Ipoh after leaving Seri Putera (Sri Kepayang) Secondary School in Fair Park, Ipoh as well as Ho Seng Ong Methodist primary school in Canning Garden, Ipoh. Wong was respected for his openess, friendliness and ease of moving across cultural, religion and ethnic lines, reflected through his friends who came from different ethnic background. In primary school his close friend include Roslan Mat Jalil and also a very close Sikh, Jasbir Singh. With Jasbir Singh he continued until both left school after completing Form 6 in Anderson School, Ipoh
[edit] Pakistan Ventures
Wong's history in business has contributed greatly to the mythos of Ipoh entrepreneur, where he was born and gained his early education. His first foray into Pakistan market is the purchase of US Publisher Pvt. Ltd.[5] of the famed Jamal's Yellow Pages. Mr. Wong had been credited to have turned the company around and made it into one of the most profitable and largest directory publishing arm in Pakistan.
Together with Ecommerce Gateway co-founder Dr. Khursheed Nizam[6], Wong helped jump start and developed the infancy M.I.C.E. industry in Pakistan in the early 2000s. New to CommerceNet then, Wong was among the first to see the commercial potential of Pakistan's M.I.C.E. industry. He lobbied his business associates and network, getting his acquaintances together, and led numerous trade delegations to Pakistan[7] [8] from 2001 to 2006.
Among the key projects attributed to Wong is the ITCN Asia series (names after Infocomm Technologies CommerceNet Asia) in Karachi, first held in March 2001. The project is know to have gained considerable support from the Governor of Sindh then, H.E. Muhammad Mian Soomro[9] and subsequently H.E. Dr. Ishrat Ul Ebad Khan,[10] the succeeding Governor; and the then Sindh Finance Minister, Senator Dr. Abdul Hafeez Shaikh[11], as a catalyst for investment into Karachi. The project was international in scope, and widely publicised in the media[12] with the support and attendance of President Pervez Musharraf then.
A strong proponent of promoting trade among Muslim countries, Wong finally established a physical MuslimBIG[13] trade series after several failed online attempts including MuslimBizHub and ePortal Exchange. He is known for his close relationship with Islamic Chamber of Commerce and with the previous secretary general H.E. Aqueel Jassim.
Another high profile project is the master planning of the new 250 acres Dadabhoy University[14] Campus in Hawkesbay commissioned by Dadabhoy Foundation. The new campus is expected to house 28,000 undergraduates when fully developed. He is also a known proponent of contemporary social housing development, which he proposed as part of the university township as a measure to solve the housing problems in Karachi.
[edit] Malaysia Ventures
As an environmentalist, Wong pushed the investment and venture funding community around him towards investment into community water filtration systems, waste recovery and recycling projects. He is known to have initiated feasibilities into mass top soil rehabilitation projects. His 'fanaticism' towards environmental projects had also made him disregard and often alienated him and from other arising opportunities.
He is well known for his brand of mixing friendship with business, preferring to do something he passionately believes in, for free. That unsustainable approached to business gained him tremendous criticism among his investment community peers but were clearly demonstrated in his friendship with founders of Kinta Switchgear, KRR International and MTrans, where he helped the company into regional urban transit markets, particularly in Middle-East and South Asia entirely out of camaraderie spirit. The same applies with his friendship in the early days of TK Cosmic Group, Ipoh, which he later invested; and also with Bufori Motor Car company[15] in Kepong, Malaysia.
His steep learning curve is derived from his early Malaysian ventures that had ended up in failures. That include the early days of dotcoms when he invested heavily in www.ipoh.com under Ipohcom and Ipohcom Technologies. Critics had labeled him having too much emotional attachment to his hometown that clouded his otherwise cutting edge investment judgment, which was very typical of his early ventures.
He is also known to finance his proxies in the development of high-end clustered boutique bungalows in Ipoh. He is also known to act as a strategic adviser to one of Ipoh's top famed pastry corporation - Yee Hup of Gunong Rapat.
[edit] Singapore Ventures
Wong is well known for starting the E-Global[16] series, an award recognising intellectual ideas of aspiring and rising young individuals in Singapore. His multi-lateral approach towards partnering saw him collaborating with AMPRO, a leading Malay Muslim professional business organisation; Junior Chamber International, City JC Singapore; Innovators and Entrepreneur Association of Singapore (IdEAS) and other organisations coming together to launch the E-Global Awards.
He is also known to partner with Mr. Inderjit Singh[17] and two other Pakistani acquaintances, one of them being Dr. Khursheed Nizam to hold Ecommerce Gateway as a private investment holding company for strategic Pakistan business ventures. He later moved into private equity investment in 2004 after seeing the devastating environmental destruction brought by Tsunami which greatly depressed him. His early acquisitions are all environmental related companies, much in line with his environmentalist tendencies.
His ventures in Singapore are varied. As a prolific entrepreneur, he was a partner in desktop publishing firm, Fu Manchu Designs (1991-93); pioneered the field of 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, a leading architecture visualising company (1994-96) before setting up his own architecture practice of Shyan Associates in end-1996. He was known to head CommerceTrust Limited founded by Dr. Toh See Kiat,[18] a former member of parliament in Singapore.
Wong took over the helm of CommerceNet Singapore in March 2000 as the Chief Executive Officer at the end of dotcom era. He reengineered CommerceNet Singapore into a new 'CNSG' branding, famed for taking on higher risks and unproven technology ventures. This had made a strong followinbg among newer companies reeling from the failures of dotcoms.
He also co-founded the prestigious CNSG Consulting Group with two of his close associates. The group takes on some of the higher value and more controversial projects mostly within ASEAN region. The consulting group often acts in tandem with the corps of CommerceNet's Consulting Partners, is known to be an aggressive financial platform to 'project manage' leveraged buy-out, corporate raiding and reverse take-over, pulling off some of the most sensitive merger and acquisitions in ASEAN. Wong is well known for his forte in rallying together high net worth and professional resources. He is sought for his ability to mobilise very large amount of funding within very short time frame in adverse market conditions.
[edit] Other Asean Ventures
Wong's Pan-ASEAN ventures are mostly centred in Bangkok, Phnom Penh with projects in Jakarta setting the pace. While his known ventures are mostly related to environmental design, waste recycling and material science, he is better known for his innovative approach to project financing. His venture portfolio companies are working with promoter of Bogor Cyber Park[19] in Indonesia. Although only playing a minor role in these ventures, he however left his fingerprints planning the innovative financial road-maps of these ventures.
He financed high risk Cambodian projects through the first venture capital company in the kingdom. He is one of the main strategist behind regional based REIT-play whereby independent real estate developments in the region were clusterred into high yield vehicle.
[edit] Mauritius Ventures
Wong's participation in Mauritius include conceptualising and master planning the Solares Integrated Resort Scheme[20] (IRS) at Flic-en-Flac, a high profile and the largest Integrated Resort Scheme in Mauritius. Solares IRS is better known as the first truly planned township in Mauritius and a true destination resort, among the first IRS approved by the government of Navinchandra Ramgoolam.
His other controversial projects are the highly publicised Mauritius Monorail[21] lobby that he helped raise the initial finance and support. His project had made headlines in the local media and fanned vocal debates by both proponent and opponent of the idea. In his scheme of things, the promotion of MTrans Monorail[22] as a viable alternative to Mauritius' pollution-prone buses and old diesel cars. Wong's nature as an environmentalist had him seeing red the state of Mauritius increasingly grid-locked traffic congestion. He has lobbied MTrans to use Mauritius as a base to serve African region. He is said to exert certain influence to lobby for a direct investment into Mauritius, and is often seen with MTrans founder Mr. David Chew Keat Soon, who continue to control MTrans International Limited of Hong Kong. He is also said to be keen to study if Madagascar can be an alternative to Mauritius.
[edit] Bahrain and Middle East Ventures
Wong co-founded of Middle-east Transit Corporation (METRANS), together with Sheikh Saud bin Salman Al-Khalifa. The Bahrain-based company extends its arm over the entire Middle-east. The company had arranged for the facilitation of Monorail proposal into the City of Medina in the Kingdom of Saudi Arabia, working with MTrans Monorail of Malaysia. He had also financed MTrans Monorail's pathfinders to explore the feasibility of Monorail Urban Transit into cities of Aman (Jordan), Istanbul and Ankara (Turkey), Karachi (Pakistan) as well as Cairo (Egypt).
Wong had a close relationship with the late Mr. Haitham O. Himut[23] who founded Strategic Enterprise Corporation (SECORP)[24] of Saudi Arabia. The late Mr. Haitham was also a shareholder in METRANS and was also involved in the original iTeknocity of Bahrain. Wong initially represented SECORP in Singapore until 2006 and extended his support for SECORP via the influential CNSG Consulting Group. Their notable support include preparing venture strategies for Sudan projects which include the controversial NGIP Programmes within the proposed Nubia Free Zone. SECORP is also a major consideration in attracting Wong to Indonesia working on a version of Bogor Cyber Park proposal taking up two of the seven plots in Phase I.
[edit] Books and Articles
Wong had authored a series of highly controversial articles, mostly in relationship with exploratory urban planning issues where high density of people staying together. Among the published articles include: i) Next Generation Megacities; ii) Mauritius Linear City: Framework for 4 million population; iii) Beneath the Business Plans; and iv) Sustainable Desert Urban Habitat.
[edit] Affiliations and Awards
Wong was conferred his honorary doctorate [25] in 2007.
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 2003-2006. He was also a member of the jury for International Tianjin Music Hall Design Competition.
[edit] Notes
- ^ CNSG. CommerceNet Singapore Ltd. Singapore (2007). Retrieved on 2007-08-09.
- ^ Corporate. Ecommerce Gateway Pvt. Ltd. Karachi (2001). Retrieved on 2007-08-09.
- ^ IDEAS. IDEAS 2007 (2007). Retrieved on 2007-08-09.
- ^ Biztek. Biztek, Karachi (2007). Retrieved on 2007-08-09.
- ^ USP. US Publisher Pvt. Ltd. Karachi (2007). Retrieved on 2007-08-09.
- ^ Corporate. Ecommerce Gateway Pvt. Ltd. Karachi (2001). Retrieved on 2007-08-09.
- ^ Singaporean Businessmen Interested in Investment. Daily Times (2005). Retrieved on 2008-02-20.
- ^ Singaporean Traders Invited to Invest in Sindh, Pakistan. AsiaPulse News (24 Jan 2003). Retrieved on 2008-02-20.
- ^ Senate Chairman. Pakistan Government (2007). Retrieved on 2007-09-06.
- ^ Governor House. Sindh Government (2006). Retrieved on 2008-02-15.
- ^ Senator Dr. Abdul Hafeez Shaikh. Pakistan Government (2003). Retrieved on 2007-10-17.
- ^ Governance Asia Pacific Watch. United Nations (August 2002). Retrieved on 2007-10-17.
- ^ MuslimBIG. MuslimBIG (2007). Retrieved on 2007-08-09.
- ^ DIHE. Dadabhoy University (2007). Retrieved on 2007-08-09.
- ^ Bufori Motor Cars. Bufori Motor Cars (2008). Retrieved on 2008-02-15.
- ^ E-Global Awards. Aurigintech (3 Sep 2003). Retrieved on 2008-02-20.
- ^ Inderjit Singh. Singapore Parliament (2006). Retrieved on 2008-02-18.
- ^ Toh See Kiat. Nanyang Technological University (2007). Retrieved on 2008-02-18.
- ^ Bogor Cyber Park. Bogor City Government (2008). Retrieved on 2007-08-09.
- ^ IRS Scheme. Mauritius IRS Scheme (2007). Retrieved on 2007-09-05.
- ^ Media Discussions. Mauritius Times (2005). Retrieved on 2007-08-09.
- ^ MTrans Monorail. MTrans (2007). Retrieved on 2007-10-17.
- ^ Haitham Himut. XING (2007). Retrieved on 2007-10-17.
- ^ Strategic Enterprise Corporation. SECORP (2007). Retrieved on 2007-10-17.
- ^ DIHE. Dadabhoy University (2007). Retrieved on 2007-08-09.