Services provider opens corporate tower space in KL


(From fifth left) Tunku Nadzaruddin, Chua, OSK Holdings executive chairman Tan Sri Ong Leong Huat and Cope Private Equity managing partner Datuk Azam Azman during the launch of CCIB’s corporate tower in Kuala Lumpur. — LOW LAY PHON/The Star

A leading multidisciplinary professional services provider has celebrated the launch of its new corporate offices at Faber Tower 2 in Kuala Lumpur.

This marked a significant milestone, according to CC International Bhd (CCIB), also known as Cheng & Co Group.

“Today, we celebrate the successful establishment of Cheng & Co Group at Faber Tower 2, which now serves as our very own corporate tower,” said group executive chairman Datuk Dr Chua Hock Hoo.

The company offers a wide range of global business services, including accounting and business outsourcing, tax advisory, corporate secretarial services, business consultancy and wealth management.

Its clientele ranges from small and medium-sized enterprises (SMEs) to large private corporations, public-listed companies, multinational corporations, government institutions, foundations and individuals.

During the launch, company audit committee chairman and independent non-executive director Tunku Datuk Seri Nadzaruddin Tuanku Ja’afar described the Faber Tower 2 headquarters as a new chapter of growth for the company. The group currently operates 16 offices nationwide and three international branches.

Chua, meanwhile, acknowledged the 21 investors and sponsors who contributed to the achievement, including Association of Chartered Certified Accountants, Chartered Institute of Management Accountants and Certified Public Accountant Australia.

As part of its environmental, social and governance initiatives, the group launched its walkathon to promote healthy habits and sustainability.

This initiative encourages employees to use the stairs between the lowest three floors of its office space.

CCIB further aims to reduce energy consumption and foster a sustainable workplace as it takes up four levels of the building constructed by OSK Holdings Bhd.

The tower will serve as a hub for leadership and innovation as CCIB expands its footprint across Asia-Pacific.

Following the launch, CCIB aims to fulfil its three-year strategic plan: “The Firm of The Future”, to become a leading multidisciplinary professional firm.

One of the company’s main goals is to transition from Leap to Ace Market (or Main Market in Bursa Malaysia) by 2026.

Leap Market is an adviser-driven market which aims to provide emerging companies, including SMEs, with greater fundraising access and visibility via the capital market.

In comparison, Ace (Alternative Capital Exchange) is a growth-oriented market in Bursa Malaysia which is meant for companies with high growth potential.

Other goals of the company include geographical expansion and service enhancement while maintaining growth through a sustainable business model.

The company also intends to develop a professional entrepreneur platform by offering sustainable career development opportunities through a employees share option scheme.

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