Biography of Louis Ng Chun Hau

Chun Hau was born on 24 July 1968 in Gurun, Kedah. He is married to Yvonne Lim, and they have three children. He is a professional electrical engineer who was inspired to be a stockbroker at the age of 26.

His Career

In 1992, he received his Bachelor of Electrical Engineering degree from the University of Technology, Malaysia. He has over ten years of experience as a stockbroker and is a licensed representative dealer of Bursa Securities. In 1992, he started working as an engineer for AMD Devices (M) Sdn Bhd after receiving his degree. He began working as a stock broker for Smith Zain Securities Sdn Bhd in 1996 and remained there until 2005.  He evaluated the business potential of gold trading in 2006 and 2007 and laid the foundation for his entry into this field during that time. He established Public Fine Gold International Sdn Bhd in 2008 to engage in the trading of gold bullion.

He was then hired as an Executive Director of the pawnbroking company Pajak Gadai Mewah Sdn Bhd in 2010. He established the gold trading company PGMSB in 2011. His appointment as Executive Chairman of Public Gold Marketing Sdn Bhd and its group of companies followed in 2012. He was made an Honorary Member of the Malaysian Chamber of Commerce in Kuala Lumpur in 2011.   In 2012, he co-founded AISB together with Datin Wira Lim Chee Ting under the name Public Safe Management Sdn Bhd. He has more than 10 years of experience in the gold and precious metal trading business.

In addition, on March 25, 2015, he co-founded the Malaysia Gold Association. Since 2010, he has written monthly columns about the gold industry for two newspapers, with the goal of raising public awareness of gold and silver as investment options. Over the years, he has received multiple awards. In 2009, he was recognized in the Malaysia Book of Records for being the first locally manufactured certified gold bullion bar. In 2011, he was given the Golden Bull Award. In 2016, he became the first physical gold trading company in the world to comply with Shariah.

Dato’ Wira Louis Ng Chun Hau is a prominent Malaysian entrepreneur and philanthropist widely recognized for his significant contributions to the business world and his commitment to environmental conservation. His dynamic career and philanthropic endeavours have earned him a reputation as one of Malaysia’s leading figures in both the corporate and non-profit sectors.

Early Life and Education

Louis Ng was born and raised in Malaysia, where he developed a keen interest in business and entrepreneurship from a young age. He has a degree in business administration from his schooling, which gave him a strong basis for his future endeavors. His education was not just limited to formal schooling; he also gained practical experience by working in various industries, which helped him understand the intricacies of running a business.

Leadership and Vision

A blend of strategic thinking, innovation, and a solid commitment to social responsibility characterizes Louis Ng’s leadership style. He believes in leading by example and has often spoken about the importance of integrity, hard work, and perseverance in achieving success. His vision for the future is one where economic development goes hand in hand with environmental sustainability and social equity.

Under his leadership, his companies have not only achieved financial success but have also been recognized for their contributions to society. Ng’s emphasis on corporate social responsibility has inspired many other business leaders to adopt similar practices, thereby creating a ripple effect that has had a positive impact on the broader community.

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Recognition and Awards

Louis Ng’s contributions to business and society have been widely recognized both in Malaysia and internationally. For his business accomplishments and charitable contributions, he has won various accolades and distinctions. These accolades serve as a testament to his dedication and the positive impact he has made on the world.

In addition to his business and philanthropic endeavours, Ng is also a sought-after speaker and thought leader. At various conferences and events, he frequently shares his insights on subjects like leadership, sustainability, and entrepreneurship. His ability to inspire and motivate others has made him a respected figure in both the business and non-profit communities.

Personal Philosophy and Legacy

At the core of Louis Ng’s success is his philosophy, which is centred around the principles of innovation, sustainability, and giving back to society. According to him, the true test of success is not material wealth but rather one’s ability to positively influence others and the environment. This belief has guided his actions and decisions throughout his career and has shaped the legacy he is building.

Ng’s legacy is one of transformation and empowerment. Through his business ventures, he has transformed the real estate landscape in Malaysia, setting new benchmarks for quality and sustainability. Through his philanthropic efforts, he has empowered communities and individuals to take action for the environment and create a better future.

Public Gold Group founder Datuk Wira Louis Ng Chun Hau has resigned as the executive chairman of Caely Holdings Bhd.

In a filing on Friday (May 13), the Perak-based company said the 54-year-old resigned to” pursue other personal opportunities”.

Despite his exit from the board of the lingerie maker, Ng still owns a 16.96% stake (43.79 million shares) and a 7.04% indirect stake (18.19 million shares).

According to a filing dated May 6, Ng had offloaded five million shares or a 1.94% stake in the company — via his indirect interest — through his spouse, Datin Wira Lim Chee Ting, in the open market on May 5.

Earlier on April 4, he had disposed of 13.13 million shares or 5.1% indirect stake in Caely, held through Public Gold Marketing Sdn Bhd.

On March 1, the company’s chief executive officer, Gok Ching Hee, who was also the chief financial officer, tendered his resignation effective April 18.

Meanwhile, its independent non-executive directors, Tan Loon Cheang and Ng Boon Kang exited the company on March 16 and March 14, respectively.

Caely has been under scrutiny as one of its subsidiary’s bank accounts had been issued a freeze order by the Malaysian Anti-Corruption Commission (MACC) on April 20.

Some two weeks prior to the freeze order, Caely had appointed Virdos As its independent forensic auditor, Lima Consultancy (M) Sdn Bhd will investigate claims of suspicious and irregular transactions within the organization.

Following the appointment of the forensic auditors, Caely was hit with a request from Bursa Malaysia for additional information on the reasons and scope of the forensic audit.

In response, Caely stated that worries about multiple dubious transactions involving the company were raised by an anonymous package containing documents that one of its independent non-executive directors had received. This prompted the forensic investigation’s circumstances.

Caely’s shares closed half a sen or 1.33% lower at 37 sen, giving the group a market capitalisation of RM95.55 million.

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