Mei Ng

HNG Capital

HNG Capital Overview - Growing from Strength to Strength HNG Capital was incorporated in year 2011 to undertake the privatization of Leader Universal holdings Berhad ("Leader Group), a group with an enduring history of approximately 40 years, and founded by Tan Sri Dato Seri H'ng Bok San. The privatization exercise was successfully completed in May 2012. LEADER Group's history dated back to year 1976 when its founders founded Leader Cable Industry Berhad, a cable manufacturing company. Since then, the Group has grown from strength to strength and in 1988, the Group undertook a merger and reverse takeover exercise involving the then listed Universal Cable (M) Berhad. This led to the eventual formation and listing of Leader Universal Holdings Berhad on the Bursa Malaysia Securities Berhad. Pursuant to the privatization, HNG Capital had undertaken a string of corporate exercises that included the disposal of investment holdings in Leader Cable Industry Berhad and Universal Cable (M) Berhad. The aim is to reposition HNG Capital in core strategic investments that focus on future growth prospects. Since 2012, the Group has taken on a new corporate identity "HNG Capital" to better reflect as the private investment holding company of the HNG family. Today, HNG Capital focuses on four core businesses: Power, Metal, Property and Hospitality with total group revenue and total group asset of nearly RM3 billion each respectively.