Sunway Group Founder Hails from Pusing, Perak
Have you heard of the Sunway Group? Many are certainly familiar with it, but did you know that its founder is a person who hails from a small town in the state of Perak, namely the town of Pusing?
Tan Sri Dr. Jeffrey Cheah is the CEO of Sunway Group and was born in the town of Pusing, Perak. He, who has 6 siblings, received his higher education at the Footscray Institute of Technology, which is known today as Victoria University of Technology, Australia. After successfully completing his studies, Tan Sri Dr. Jeffrey Cheah began his career working as an accountant at a motor assembly plant. For your information, loyal readers of orangperak.com, in 1974, Tan Sri Dr. Jeffrey Cheah established the Sungai Way Company, a tin mining company with a paid-up capital of RM100,000. Even though Malaysia experienced an economic recession in 1977, Tan Sri Dr. Jeffrey Cheah's company was still able to survive and weather the country's economic problems.
Consequently, after several years, the tin ore was exhausted, leading him to convert the tin mine into a quarry and sand mine. Tan Sri Dr. Jeffrey Cheah's decision to convert his mine had a positive impact on his company. The performance of Tan Sri Dr. Jeffrey Cheah's company was very impressive, and as a result, it was successfully listed on the main board of the Kuala Lumpur Stock Exchange in 1984 as Sunway Holdings Berhad.
Not stopping there, Tan Sri Dr. Jeffrey Cheah is also a kind and philanthropic person. He has been involved in several charitable organizations such as the National Kidney Foundation of Malaysia, the Liver Foundation of Malaysia, and the Malaysia Hakka Association. In case you didn't know, two of his projects, Sunway College and Monash University, were also established as non-profit educational institutions.
Do you want to know if there is a connection between the name Bandar Sunway and him? Tan Sri Dr. Jeffrey's housing project on the former mine site is what is known as Bandar Sunway today. Today, Bandar Sunway is valued at RM2 billion and is one of the premier residential areas in the Klang Valley.
