Dato' Cheng Joo Teik ("Dato' Cheng") is a successful businessman with extensive experience and expertise in the leisure, entertainment, food and property development sectors in Malaysia and overseas. He was previously the Group Executive Director of the Palmgold Group of Companies. The Palmgold Group owns and operates the largest chain of family sports and recreational clubs and Chinese Restaurants in Malaysia. The Group's Chinese Restaurant chain is currently listed on the Bursa Malaysia Securities Berhad under the name of TT Resources Berhad. The Group also operates and manages a chain of karaoke entertainment centres, family amusement outlets, bowling centres and a Water Theme Park. The Group owns a number of properties and has various development projects in process. Dato’ Cheng had contributed extensively to the successful growth and expansion of the Group's operations since joining the Group in 1991. He also managed the Group's overseas business operations in South Australia, which owns and manages eight hotels that provide a full range of food and beverages and gaming facilities. He was also a Director of the Group's overseas investment in Papua New Guinea, Ghana and Tanzania with operations in gaming, entertainment and restaurants. Dato’ Cheng resigned from The Palmgold Group in 2006.
Family Relationship
Dato' Cheng is the father of Douglas Cheng Heng Lee, who is a major shareholder of the Company.
Interest
Dato' Cheng holds 200,000 ordinary shares of RM1.00 each and has deemed interest in 8,015,000 ordinary shares of RM1.00 each in the Company through Gain Millen Sdn Bhd.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....