NG KEE PENG (KP) – Corporate Adviser
Every company has the potential to grow big. All they need is a good guide, a Corporate GPS, to give them a step-by-step process to attend to every document they require to expand from day one. That’s where KP’s work starts, from the day a business begins its operation, not many years later.
When KP was with Crowe Horwath from 1996 to 2006, he worked with his team to advice corporations like iCapital, Heaveboard, Compugates and Metal Reclamation Bhd. In his advisory role, he audited and provided advice on corporate finance, the rules for merger and acquisition, at the same time to suggest the process for receiver and manager when required.
In 2006 to 2009, he helped Provenco, an Auckland-based IT company who has their branch in Kuala Lumpur, to build its business presence in South East Asia. The work included recruiting and building talents to building customer base. In the event of a switch in ownership in later years, KP helped to prepare the exit value for the holding company.
While Freedom Venture, a company co-owned by KP with added secretarial services was being incorporated in 2016, KP was also building b’smart. B’smart is a company that provides solution for commercial and private vehicle tracking. During his tenure with b’smart, he turned the company around from a mere RM10million turnover annually to a whopping RM40million earnings after 5 years. This was achieved by receiving a grant from the government and raised investment and facilities from some investors including banks. Collectively, they raised approximately RM25million at the end of the capital injection exercise.
Just like a CFO on lease, KP’s duties also include clearing budget and forecasting, funding, improvement on internal control, design company financial blueprint, design company KPI, design shareholders structure, design company’s organisation and structure, corporate growth strategy and implementing structures for corporate tax submission.
As companies realise their potential for growth, KP’s service has been sought after to include giving seminars to startups and SMEs in Malaysia, Thailand, Indonesia and China. The talks are organised to highlight the importance and the preparation for possible listing and funding in the future.
The Shunde government in China even invited KP to be their adviser and presenter at their regular CEO-IPO program in the province for their business people. In 2019, KP was awarded the Certificate of Appreciation as a speaker at the conference organised by the Perak Government for the “Invest Perak” project, a Business and Trade Collaboration Conference with Shunde Government, China.
To reiterate the potential of every company’s ability to go beyond their dreams, KP continues to share his knowledge about corporate funding and collaboration. As if you’ve turned on a Corporate GPS for your business, you are directed and being pin-pointed your way to a success route. When you start a business, ask “What is your company’s life purpose?”. Talk to KP, he has and is the Corporate GPS every business person needs for clarity on listing procedures – a public funding exercise every company should include in their ultimate growth.