A brilliant rebound

New revenue stream: GGS has obtained four licences for biomass-to-energy and biogas-to-energy projects.

AROUND 12 years ago, Datuk Joseph Lim Heng Ee had the biggest setback in his career as an entrepreneur. Due to a lack of trust over how the company’s funds were managed, Lim was forced out from a biomass business he co-founded with two other partners.

“Our first venture into the biomass industry, converting palm oil waste into long dry fibre, was doing well. We exported around 30 container loads every month. All was well until greed took a toll on the partnership,” said Lim of those bitter lessons from his earlier days in business.