Date of birth: 6th Jan. 1933
Highest educational qualification: MICE, Chartered Civil Engineer.
1957-1962 Engineer for Public Works Department, now known as JKR.
1962- 1967 Engineering Consultant Practice
1967- 1983 Co-Founded Mudajaya Group Bhd, Gamuda Bhd and IJM Corporation Bhd. These are the 3 leading listed construction and property developing companies in Malaysia.
I started share investment in 1983 when the Hong Kong stock market crashed when China gave notice to recover the sovereignty of Hong Kong after 99 years lease. Within 3 years I made so much money that I bought 46% of a stock brokering firm called Kaiser Stocks and Shares Co HK Ltd.
Since retirement as Director of IJM Corporation Bhd in 1998, I became a full-time investor. After 36 years of practise in share investment, I have discovered among all the criteria such as NTA, healthy accounts, cash flow and debts, the most important and powerful catalyst to move share price is profit growth prospect.
My Golden Rule for share selection is that the company must report 2 consecutive quarters of increased profit and the share price should not exceed P/E 10.
Have given scholarships to more than 300 poor students to help them complete their tertiary education in Malaysia.
Over the years I have accumulated a lot of knowledge and wealth which I wish to share to benefit the people.
I have written in my will that 80% of all my remaining assets will be donated to charity.
Created by Koon Yew Yin | Jul 15, 2024
Currently Bahasa Melayu is taught in all Government sponsored schools. Bahasa Melayu is only good within Malaysia. All our overseas customers do not know Bahasa Melayu. I hope all our politicians...
Created by Koon Yew Yin | Jul 09, 2024
Created by Koon Yew Yin | Jun 28, 2024
Created by Koon Yew Yin | May 28, 2024
It is a human nature that most men would complain to their wives that they were overworked and the wives would tell their husbands to get some assistants. As a result, the number of staff increases...