1. SNC appointed three seasoned corporate leaders into its board to push for innovation going forward. The company has appointed Datuk Goh Soo Wee and Lee Ping Wei as executive directors, while Teh Kok Liang has been appointed as the non-independent director. Goh is a well-known corporate leader and holds several directorships in several other companies, namely, M Xpress Sdn Bhd and Palmara (M) Sdn. Bhd. He has a strong track record in the automotive industry given his years working with a dealership and international commercial brands distributorships in Malaysia.
Source: SNC appoints corporate leaders, entrepreneurs as directors (nst.com.my)
2. His entrepreneurship and leadership skills were recognized when Goh was voted one of the 100 Most Influential Young Entrepreneurs in 2017. His expertise in various industries and wide networks could help to drive SNC forward.
Source: Datuk Billy Goh redesignated as executive chairman of Sand Nisko Capital (nst.com.my)
3.SNC is pursuing alternative revenue streams through potential mergers and acquisitions (M&As) in environmentally friendly enterprises engaged in the production of bio-fertiliser refined oil products.
Source: SNC allocates RM50mil for M&As in bio-fertiliser, refined oil products business (nst.com.my)
4. Sand Nisko Capital Bhd's (SNC) wholly-owned subsidiary Len Cheong Industries Sdn Bhd (LCI) has signed a memorandum of understanding (MoU) with Fabulous Sunview Sdn Bhd (FSSB) to collaborate and integrate a large scale solar (LSS) farm on SNC's upcoming 162-acre project in Melaka. The collaboration between the two companies will include the planning and submitting LSS tender application of up to 100MWac to Sustainable Energy Development Authority (SEDA).
Source: SNC collaborates with Fabulous Sunview to build LSS farm in Melaka (nst.com.my)
5. SNC could be heralding a change of business direction with the emergence of its single largest shareholder Datuk Billy Goh Soo Wee as the group’s executive chairman effective May 26. Alongside the change in business direction is the departure of old management as evident from Goh taking over the company’s helm from Datuk Seri Dr Sow Chin Chuan, 62, who had stepped down from the family business on the same day.