Fusionex Managing Director Ivan Teh Wins the Most Outstanding Entrepreneur Award

Kuala Lumpur – 5 September 2014 – Fusionex Managing Director Mr. Ivan Teh was honoured in the Asia Pacific region by winning the Most Outstanding Entrepreneur Award at the recent 2014 Asia Pacific Entrepreneurship Awards Ceremony held recently at The Grand Hyatt Hotel, Kuala Lumpur.

The Asia Pacific Entrepreneurship Award (APEA) is a regional awards and recognition program for outstanding entrepreneurs across Asia Pacific, honouring male and female business leaders that have proven their enterprising spirit in the various industries that they participate in, whilst not neglecting their corporate social responsibilities.

https://www.fusionex-international.com/Latest-News-Announcements/Fusionex-Managing-Director-Ivan-Teh-Wins-the-Most-Outstanding-Entrepreneur-Award-at-the-2014-Asia-Pacific-Entrepreneurship-Awards-Ceremony

Assessment by judges for the Most Outstanding Entrepreneur category is based on strict criteria; in particular, judges were required to assess whether the candidate for this award possessed the necessary entrepreneurial attributes to enable him/her to be a role model for future entrepreneurs as well as having the right temperament; the necessary tenacity, perseverance as well as other key qualities to continue inspiring, innovating and making a difference under adverse situations and environments.

Fusionex is one of the largest and most exciting IT company in the region with its arsenal of state-of-the-art products/solutions centred around business analytics and Big Data, many of which have won numerous regional as well as global awards and recognitions. In December 2012, Fusionex was listed on the London Stock Exchange as the largest technology IPO of the year, and was significantly oversubscribed with overwhelming interest from investors.

When asked to share his thoughts on being named as Most Outstanding Entrepreneur of the year, Mr. Teh commented, “I am humbled and pleasantly surprised to receive this great honour. This award is especially meaningful as it is not just about individual recognition, but more importantly this award serves as an endorsement of our [Fusionex] team’s talent, commitment and unquenchable passion that has driven all the innovation and success of Fusionex thus far. It is therefore only fitting that I dedicate this award to the ‘Fantastic Fusionex’ team; the strong partners and stakeholders whose confidence in us has been a pillar of strength; as well as our customers for the continuous support. This award will certainly spur our team to work even harder to reach greater heights, and to further excel at what we do. Thank you for this amazing recognition!”

The APEA has made its mark in over 12 markets in the region, making it the widest, most prestigious and accomplished awards of its kind. The APEA continues to be strictly regulated and judged, where only the most highly qualified candidates are selected through a stringent, multi-stage and multi-evaluation process, resulting in the APEA being a highly coveted award for entrepreneurs in this region. https://www.fusionex-international.com/Latest-News-Announcements/Fusionex-Managing-Director-Ivan-Teh-Wins-the-Most-Outstanding-Entrepreneur-Award-at-the-2014-Asia-Pacific-Entrepreneurship-Awards-Ceremony

Diaspora Malaysians see opportunities everywhere, including in Malaysia

PETALING JAYA: When Ng Keng Hooi was appointed Hong Kong-based AIA Group Ltd’s chief executive officer, he made history by becoming the first Malaysian to helm a global financial services firm.

Ivan Teh

His appointment brings to mind the hundreds of thousands of Malaysians working abroad, of which according to the World Bank in a report from 2011, a third have some form of tertiary education.

The total number of those born in Malaysia but who have moved overseas over the decades has risen to well above 1 million. Some have become citizens of other countries while others continue to hold on to their Malaysian passports.

Because of their skills and knowledge base, Malaysia-born migrants usually can be found in the professions and some have even made it as entrepreneurs, founding companies listed in foreign bourses.

Malaysian entrepreneurs can be found all over the world, one of them being Datuk Seri Ivan Teh, the founder of London-listed Fusionex International plc, which specializes in big data and analytics.

He has businesses around the world and has worked in the United States and Britain. Ivan Teh firmly believes that the grass can be green anywhere as long as the business landscape and supporting infrastructure “is well-taken care off”.

He said entrepreneurs from anywhere who were willing to work hard and learn, especially if they set up their businesses in other countries, can make it.

“Main thing is willing to learn, and learn quickly, willing to take chances that even if they fall, they pick themselves up,” Teh said.

He does see an increasing trend of Malaysian entrepreneurs returning to the country, and that has also been matched by fewer Malaysians moving abroad compared to five years ago. The Asean growth story plays a role, with returning Malaysians hoping to clinch opportunities in Malaysia’s Asean hub role.

But Teh admits that younger Malaysians may find the work culture more attractive in the developed economies. He said younger Malaysians might find themselves disconnected from the workplace where traditional Asian values based on seniority still prevail.

Chan Jiaheng and Adelene Teh, property developers who both studied in Melbourne, Australia, also said that its how people handle opportunities that make the grass greener.

“I think it’s a misconception that the grass is greener on the other side, there are pros and cons of being over there or here, its really how you handle the opportunities and what you do with them. That’s what we believe in,” Adelene said.

For both, as with many Malaysians who studied abroad, it was a natural transition finding an opportunity in Australia.

They said that they would certainly explore opportunities in Malaysia if it came knocking. “Malaysia is a market we’re comfortable with because we grew up here and so if we’ve the resources and the investors, then we’ll jump into it,” Chan said.

Datuk Seri Cheah Cheng Hye, Hong Kong-based Value Partners Group Ltd chairman and co-chief investment officer, firmly believes that Malaysia has one of the region’s best talent pools.

“Malaysians are some of the best talent I have come across, we hire them based on a commercial decision because they’re educated and bright, and very flexible and resilient,” he said.

Cheah, a former Star journalist, left Malaysia in the 1970s to become a journalist in Hong Kong before helping to found one of Asia’s largest independent asset management firms.

Although he left the country decades ago, Cheah has been looking for opportunities back in Malaysia. Value Partners opened an office in Singapore two years ago.

“Young people in my time had few career opportunities so we had to move overseas if we want to make it,” he noted

“They must believe in an expanding future and not a static future,” he said.

https://www.thestar.com.my/business/business-news/2017/06/13/diaspora-malaysians-see-opportunities-everywhere-including-in-malaysia/