THE KIP Group hosted media members and its corporate friends at an intimate evening soiree at The Point KL in conjunction with Chinese New Year and to commemorate the first anniversary of KIP Real Estate Investment Trust (KIP REIT) on Bursa Malaysia.
The double celebration had guests mingling and networking as they dined to soothing jazz tunes.
Led by KIP REIT Management Sdn Bhd executive director Datuk Eric Ong and the group’s senior management, the dinner kicked off with a toast to a prosperous year and a yee sang-tossing ceremony, followed by a four-course Western dinner served fine-dining style.
In his opening speech, Eric thanked all who were involved in the group’s business for their support.
“No man is an island and the same goes for business – no business can exist without its associates.
“KIP Group and KIP Reit will not be where they are today without the hard work and dedication of the management and staff.
“It is truly a great experience for us to have reached this milestone today,” he said.
Also present were KIP Group of Companies group chief executive officer Valerie Ong, KIP Reit Management Sdn Bhd acting chief executive officer Chan Heng Wah, strategy investment and corporate affair general manager Soon Tet Heng and advertising, promotion, leasing and marketing assistant general manager Mohd Nizam Abd Hamid.
Eric added that the group was looking at restructuring and putting young people to drive the business.
“We strive to understand the needs and expectations of customers as the trends are constantly changing. This is to stay relevant and take our company to greater heights,” he said.
KIP is the abbreviation for “Kepong Industrial Park” in Sri Damansara, the group’s first project.
The KIP Group has been actively involved in property development and residential and commercial projects, retail management with its KIP Mart and KIP Mall chains as well as and the hospitality segment with its KIP Hotel.
As for KIP Reit, Eric revealed that it was actively looking for new land banks within the peninsula and would also venture out of the country if opportunities struck.