KLSCCCI Annual Report 2021

DEWAN PERNIAGAAN DAN PERINDUSTRIAN CINA KUALA LUMPUR DAN SELANGOR

吉隆坡暨雪兰莪中华总商会THE CHINESE CHAMBER OF COMMERCE & INDUSTRY OF KUALA LUMPUR & SELANGOR

2021

Annual Report(English Version)

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KLSCCCI Annual Report 2021

Contents

Page

2 Excerpts From The Constitution of KLSCCCI

5 Minutes of Annual General Meeting 2021

29 Re-Election Meeting of KLSCCCI Council Members for year 2021-2024

31 Progress Report on Resolutions For Annual General Meeting 2021


38 Membership

40 Types and Frequency of Meetings

42 KLSCCCI Publications

43 Motions Submitted To The Associated Chinese Chambers Of Commerce And Industry Of Malaysia (ACCCIM)

46 List of Delegations Received by KLSCCCI in 2021

47 Press Statement Issued by KLSCCCI

50 General Affairs Committee

54 International Trade and Industry Committee

56 Commerce Committee

58 Legal Committee

60 Human Resources Development Committee

61 Environmental, Social and Governance Committee

61 Construction, Property and Infrastructure Committee

62 Finance and Capital Market Committee

64 Tourism Industry Committee

66 Agriculture & Primary Industries Committee

67 Small and Medium Enterprises (SMEs) Committee

68 Digital Economy Committee

70 Women Entrepreneurs Committee

71 Malaysia-China Economic, Trade and Investment Promotion Committee

72 National Unity Committee

75 Culture And Education Committee

79 Welfare Committee

86 Young Entrepreneurs Committee

87 Branding Strategy and Membership Drive Committee

88 Brainstorming Workshop

89 List Of KLSCCCI Council Members (2021 – 2024) and Committee Members

95 Financial Statements 2021

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CLAUSE 6 SOURCE OF INCOME 6.1 Entrance Fee And Subscription The entrance fees and subscription payable by the members are as follows:- 6.1.1 Eminent Member and Associate Eminent Member The Eminent Members and Associate Eminent Members from all categories,

namely, Trade Association Member, Corporate Member and Individual Member shall be exempted from paying any entrance fee and the subscription for the six types of Eminent Member and Associate Eminent Member shall be as follows:-

(a) Type A : Ringgit Malaysia Two Hundred Thousand (RM200,000.00) only

(b) Type B : Ringgit Malaysia One Hundred Thousand (RM100,000.00) only (c) Type C : Ringgit Malaysia Fifty Thousand (RM50,000.00) only (d) Type D : Ringgit Malaysia Twenty Thousand (RM20,000.00) only (e) Type E : Ringgit Malaysia Ten Thousand (RM10,000.00) only (f) Type F : Ringgit Malaysia Five Thousand (RM5,000.00) only

The aforesaid subscription may be varied at the absolute discretion of the Council

PROVIDED THAT such variation(s) shall only take effect after they are duly approved by the Registrar of Societies PROVIDED FURTHER THAT the membership shall be valid for a term of one year only and unless the Eminent Member or Associate Eminent Member pays the subscription for the following year, its / his membership shall automatically be converted to Life Member or Associate Life Member, as the case may be PROVIDED FURTHER THAT at any time thereafter upon payment of subscription, the said Life Member or Associate Life Member shall revert to be an Eminent Member or Associate Eminent Member, as the case may be.

6.1.2 Life Member and Associate Life Member The entrance fee / subscription for Life Members or Associate Life Members from all

categories, namely, Trade Association Members, Corporate Members and Individual Members shall be a sum of not less than Ringgit Malaysia Three Thousand (RM3,000.00) only. The aforesaid minimal lump sum entrance fees / subscription may be varied at the absolute discretion of the Council subject to prior approval by the Registrar of Societies. No annual subscription is payable by a Life Member after his admission as a Life Member or an Associate Life Member.

6.1.3 Ordinary Member and Associate Ordinary Member

The entrance fee for Ordinary Members or Associate Ordinary Members from all categories, namely, Trade Association Members, Corporate Members and Individual Members shall be Ringgit Malaysia Three Hundred (RM300.00) only and the annual subscription shall be Ringgit Malaysia Two Hundred and Fifty

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(RM250.00) only. The aforesaid entrance fees / subscription may be varied at the absolute discretion of the Council PROVIDED THAT such variation(s) shall only take effect after they are duly approved by the Registrar of Societies.

6.2 Time Of Payment

6.2.1 The annual subscription shall be paid by the Ordinary Members and Associate Ordinary Members on or before the 31st day of March each year.

CLAUSE 7 GENERAL MEETING

7.1 General Meetings

7.1.1 The supreme authority of the Chamber shall vest in the General Meeting of the members. While the General Meeting stands adjourned, the affairs of the Chamber shall be managed by the Council. The Council shall form an Executive Committee as provided in Clause 8.2 to execute the business of the Chamber as it may delegate.

7.1.2 Individual Members shall only attend the General Meetings and vote thereat personally. The Trade Association Members and Corporate Members shall attend the General Meetings and vote by their duly authorised representatives as provided under Clause 7.1.4 hereof.

7.1.3 A member who is in arrears of any annual subscription shall not be eligible to vote or be elected.

7.1.4 Trade Association Members and Corporate Members shall attend the General Meeting by their authorised representatives as nominated pursuant to Clause 4.3.5 herein or by any other representatives duly appointed from time to time and whose appointments shall have been duly conveyed to the Chamber by written notification or by any proxies duly appointed by them PROVIDED THAT nothing herein shall entitle the proxies stated in the proxy forms to attend and / or vote or be elected in the General Meeting unless the completed proxy forms shall have been duly delivered to the Secretariat of the Chamber not less than seven (7) days before the date of the General Meeting.

7.2 Business Of Annual General Meetings 7.2.1 The Annual General Meeting of the Chamber shall be held on or before the 30th of

June of each year or such extension of time not exceeding sixty (60) days thereof as the Council may deem fit to transact the following businesses:-

(a) to consider and approve the annual report and the audited accounts of the Chamber for the preceding year ending on the 31st of December;

(b) to appoint an Auditor in accordance with Clause 11 hereof; and

(c) to transact any other matter for which fourteen (14) days written notice has been given to the Honorary Secretary General before the meeting and deemed appropriate to be included in the agenda by relevant Working Committee(s) as established by the Council at the Council meeting.

7.2.2 In addition to the above, Council members shall be elected triennially.

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CLAUSE 8 COMMITTEE

8.4 Tenure Of Office

8.4.1 All Council members shall retire at the third Annual General Meeting from the date of election and shall be eligible for re-election.

8.4.2 Subject to Clause 8.4.3 herein, no person whether in his own capacity as an Individual Member or the duly authorised representative of a Trade Association Member or Corporate Member or any combination of capacities thereof shall serve for more than two (2) consecutive terms as the President of the Chamber.

8.4.3 A President of the Chamber who is serving his second term is eligible for re-election for a consecutive third term if at the close of the nomination for the incoming Council election and during the election process, he is concurrently holding the office of the President of The Associated Chinese Chambers of Commerce and Industry of Malaysia and subject to Clause 8.6 herein, once duly elected he is entitled to complete his third term as the President of the Chamber notwithstanding the fact that he may howsoever and for whatsoever reason ceases to be the President of The Associated Chinese Chambers of Commerce and Industry of Malaysia.

8.4.4 Any term of office or part thereof for the positions stated herein which have been served before or after the coming into effect of this Clause shall be deemed as a term.

8.6 Disqualification

8.6.1 A person shall be disqualified from becoming, being or remaining as a member of the Council, the Executive Committee or the Working Committee(s) of the Chamber, as the case may be:-

(a) if he has been convicted of any offence under the Societies Act, 1966; or (b) if he has been convicted of any offence under any law and sentenced to a fine

of not less than Ringgit Malaysia Five Thousand (RM5,000.00) or to imprisonment for a term of not less than three (3) months; or

(c) if there is in force against him any order of detention, restriction, supervision, restricted residence, banishment or deportation under any law relating to the security of, or public order in Malaysia or any part thereof, or to prevention of crime, prevention detention, restricted residence, banishment of immigration; or

(d) if he is an undischarged bankrupt; or (e) if he is and has been found or declared to be of unsound mind; or (f) if he ceases to be a member or a duly authorised representative of a

Corporate Member or Trade Association Member on whose ticket he was elected; or

(g) in the case of a Trade Association Member or a Corporate Member, if the trade association or company or firm which he represents has been wound up or has its registration cancelled under the relevant law; or

(h) if he refuses or is unfit to act, or incapable of acting or act in such a manner detrimental or adverse to the interest of the Chamber and the members in the General Meeting resolve that he be removed from his office.

Provided always that the foregoing Clauses 8.6.1(a) - (d) shall be subject to the provisions in sub-sections (2) and (4) to Section 9A of the Societies Act, 1966 or any amendments thereto made from time to time.

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Date : 26-6-2021 (Saturday) Time : 11:00 a.m. Venue : Through Zoom Meeting (Online Teleconferencing) Present : Dazmaplus Sdn Bhd (Ada Poon)

(without title) Action Auto Agency (M) Sdn Bhd (Albert Lim Chong Huat)

AO Advance Automation Sdn Bhd (Andy Oh Ah Hock)

Persatuan Kemajuan Akuakultur Malaysia (MADA) (Benedict Lim Chin Khian)

Sinotrans Logistics (M) Sdn Bhd (Cathy Xu Hong)

Michael Chai & Co. (Chai Woon Chew)

Chai Woon Chew

Persatuan Perniagaan Emas Dan Permata Wilayah Persekutuan, Selangor, Negeri Sembilan & Pahang (Chan Kah Hui)

O M Asia Sdn Bhd (Chan Kah Hui)

World Time Industries (M) Sdn Bhd (Chang Chung Hua)

WTI Nutritional Products Sdn Bhd (Chang Chung Hua)

Borneo Products Sdn Bhd (Chang Chung Hua)

Chang Tah Wei

Wiltek Homeware Sdn Bhd (Chee Fai)

Warner Pump Malaysia Sdn Bhd (Chen Lee Lian)

Clickforloves Photography (Cheng Siang Wee)

VC Life Solution (Cheong Chi Wei)

CNI Corporation Sdn Bhd (Cheong Chin Tai)

Sin Ter May Sdn Bhd (Cheong Sin Shing)

Teck Huat Vegetable Wholeseller (Cheong Sin Shing)

Victoria Consolidate Sdn Bhd (Cheong Su Lyn)

Evergreen Tea House Sdn Bhd (Chia Fong Liang)

Nexta Corporation Sdn Bhd (Chia Kok Wai)

Chia Soon Yoon

PIKOM (Chin Chee Seong)

Mykris Asia Sdn Bhd (Chin Chee Siong)

Favor Tech Sdn Bhd (Chin Chee Siong)

STT Precision Sdn. Bhd. (Chin Teck Soon)

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IMEC Education Sdn Bhd (Chong Khai Siang)

Koo Associate (Chong Vooi Lin)

Homesign Capital Sdn Bhd (Choong Pin Han)

Samson Resources Sdn Bhd (Choong Pin Hoong)

Ektech Communications Sdn Bhd (Choong Pin Hoong)

Kumpulan H & L High-Tech Berhad (Choong Pin Hoong)

Selangor And Federal Territory Machinery Merchants Association (Chow Kwok Kow)

Airmatic Machinery Sdn Bhd (Chow Kwok Kow)

Soft Space Sdn Bhd (Chris Leong Yew Chong)

The Selangor & Federal Territory Chinese Printing Presses' Association (SFTCPPA) (Chua Ngeun Lok)

UPA Press Sdn Bhd (Chua Ngeun Lok)

UPA Corporation Bhd (Chua Ngeun Lok)

Kumsan Enterprises (M) Sdn Bhd (Chui Lian Sin)

Flourish Garments Sdn Bhd (Chui Lian Sin)

Thiam Huat Plastic Industries Sdn Bhd (Chun Pooh Tiam)

Ong Brothers Petroleum Sdn Bhd (Barry Ong Thai Hean)

Dato' Dr. Ir. Andy Seo Kian Haw

L B Aluminium Bhd (Andy Seo Kian Haw)

LBI Capital Bhd (Jeffrey Ng Chin Heng)

Focus Point Holdings Bhd (Liaw Choon Liang)

Ann Joo Resources Berhad (Lim Kiam Lam)

Gabungan Dewan Perniagaan Dan Perindustrian Cina Pantai Selangor (Lim Seng Kok)

Lintrachem Enterprise Sdn Bhd (Lim Tai Soon)

Asia Route (M) Sdn Bhd (Lim Tai Soon)

Vitameal Sdn Bhd (Lim Tai Soon)

Lim Tai Soon

Engtex Sdn. Bhd. (Ng Hook)

Sweetco Enterprise Sdn Bhd (Ng Wee Yiew)

Sweetco Industrial Sdn Bhd (Ng Wee Yiew)

Kian Hon Tyres Sdn Bhd (Sydney Tan Shin Yi)

Persatuan Pekilang-Pekilang Telok Gong, Selangor (Tan Chee Chuan)

Lintasan Remaja (M) Sdn Bhd (Tan Tian Meng)

Rentak Flora Sdn Bhd (Tan Tian Meng)

Ammolite Furniture Sdn Bhd (Tay Sim Kim)

Osim (M) Sdn Bhd (Tay Sim Kim)

Solution Risk Consultants Sdn Bhd (Winnie Lim Yoke Chin)

Bonia Corporation Bhd (Chiang Heng Kieng)

Corida Sdn Bhd (Chan Mung Bong)

Jchem Engineering Sdn Bhd (Chan Mung Bong)

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Tomei Gold & Jewellery Holdings (M) Sdn Bhd (Ng Yih Pyng)

Tomei Consolidated Berhad (Ng Yih Pyng)

Pajak Gadai JP Sdn Bhd (Ng Yih Pyng) Ng Yih Pyng

Nelson's Franchise (M) Sdn Bhd (Nelson Kwok Teng Toong)

Diversified Gateway Berhad (Lau Chi Chiang)

Corak Gelombang Sdn Bhd (Lau Chi Chiang)

Muda Holdings Bhd (Lim Chiun Cheong)

QL Feedingstuffs Sdn Bhd (Chia Song Kun)

DNA Petrochem Sdn Bhd (Lai Yin Ting)

Hotel Emerald Sdn Bhd (Lin Yong Tong)

Majesty Applied Sdn Bhd (Edward Tan Kong Yew)

Effon Khoo Giok Hong

Top-Mech Provincial Sdn Bhd (Felix Cheah Tuck King)

Novamas Enterprise Sdn Bhd (Foo Kooi Siong)

Novamas Properties Sdn Bhd (Foo Kooi Siong)

Unique Diamond Sdn Bhd (Gan Boon Khim)

Kuala Lumpur Pavilion Sdn Bhd (Gan Boon Khim)

LYL Capital Sdn Bhd (Gan Boon Khim)

Sepang Goldcoast Sdn Bhd (Gan Chooi Yang)

Pustaka Chiew Sdn Bhd (Gareth Yeoh Wei Kang)

Wright Architectural Team Sdn Bhd (Harry Wong Yoong Chieng)

Malaysian Animal Health And Nutrition Industries Association (Hiew Fui Lin)

Vinlin Press Sdn Bhd (Hiew Fui Lin)

Hikole Technology (Hiew Kok Leong)

Ghee Hong & Co (Hilary Ng Hwei Leng)

Chuan Huat Steel Sdn Bhd (Ho Soo Boon)

Lian Giap & Co (Hardware) Sdn Bhd (Ho Soo Boon)

Wan Hong Hardware Trading Co (Ho Soo Boon)

The Chinese Chamber Of Commerce & Industry Of Balakong, Selangor (Jason Ow Yeang Yuan Kheng)

Columbia Leisure Sdn Bhd (Jason Ow Yeang Yuan Kheng)

Kuala Lumpur And Selangor Fruit Farmers' Association (Jeffrey Choong Wong Thiam)

Exotic Star (M) Sdn Bhd (Jeffrey Choong Wong Thiam)

Sunsuria Hillpark Sdn Bhd (Joan Tan Geok Yean)

TCTL Engineering Sdn Bhd (John Chai Jone Fuu)

Yi Xing Goldsmith Sdn Bhd (John Chai Jone Fuu)

Angsana Asia Sdn Bhd (Josephine Marilyn Kok)

Julia Koh Yin Har

To-Day Global Network Sdn Bhd (Kenny Sim Jin Gee)

Genesis Pavilion Sdn Bhd (Khoo Bee Chong)

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Siongchi Enterprise Sdn Bhd (Khoo Ee Ping)

Kio Fook Khan

Eng Hup Seng Sesame Oil & Sauce Factory Sdn Bhd (Koh Chai Seng)

Ku Yee Fei

Hua Feng Hung Sdn Bhd (Lai Foong Yee)

New Era Edu Sdn Bhd (Lai Foong Yee)

Blossom Textiles Sdn Bhd (Leau Lee Meng)

Binastra Construction (M) Sdn Bhd (Leau Lee Meng)

Malaysia Steel And Metal Distributors Association (MSMDA) (Lee Boon Piau)

Building Materials Distributors Association Of Malaysia (Lee Boon Piau)

Makin Juta Sdn Bhd (Lee Boon Piau)

Percetakan Advanco Sdn Bhd (Lee Kit Yeng)

Sin Lian Tat Hardware Sdn Bhd (Lee Koing)

Pearl Holiday (M) Travel & Tour Sdn Bhd (Lee Koing)

Kentzu Steel Sdn Bhd (Lee Koing)

Benecap Sdn Bhd (Lee Yew Chen)

Lee Yew Chen

Powerista Technologies Sdn Bhd (Lee Yew Chen)

Malaysian Dental Industry Association (MDIA) (Lee Yew Chen)

Bright Alliance Sdn Bhd (Lem Kim Kaw)

Anitox (M) Sdn Bhd (Leong Sok Leng)

Persatuan Industries Bukit Indah Sungai Buloh Selangor (Lew Kam San)

Hing Tai (Twenty Twenty) Sdn Bhd (Lew Kam San)

Liew Jee Min @ Chong Jee Min

Delloyd (M) Sdn Bhd (Liew Jee Min @ Chong Jee Min)

Deluxe Brickworks Sdn Bhd (Liew Jee Min @ Chong Jee Min)

Soon Sin Hin Development Sdn Bhd (Liew Jee Min @ Chong Jee Min)

Art Weme Sdn Bhd (Liew Su Fei)

Continental Edible Oil Industries Sdn Bhd (Lim Ching Yam)

UES Health Farm Sdn Bhd (Lim Hao Chieh)

Giftwenty Sdn Bhd (Lim Hao Chieh)

Kuala Lumpur & Selangor Car Dealers & Credit Companies Association (KLSCDCCA) (Lim Keat Hin)

Yee Lee Trading Co Sdn Bhd (Lim Kim Kow)

Mega Logistic Holdings (M) Sdn Bhd (Lim Kim Lee)

Sunsuria City (Kl) Sdn Bhd (Lim Seng Woei)

The Selangor & Federal Territory Tailors' Guild (Liw Poi Chin)

New Mega Optics Sdn Bhd (Loh Ken Kong)

Lua Ai Siew

Serba Terbilang Sdn Bhd (Lua Beng Ex)

Mak Academy (Mak Kum Shi)

Eien Corporation Sdn Bhd (Michael William Greenall)

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M & T Resources (Micheal Tan)

Fiman Plastic Industries Sdn Bhd (Mok Kuan Yew)

Chop Chang Hang (Mook Sook Chui)

Chong Wah Plastics Sdn Bhd (Mook Sook Chui)

Planetis Resources Sdn Bhd (Ng Choy Kean)

Yow Colourworld Sdn Bhd (Ng Hui Min)

Logistics Worldwide Express (M) Sdn Bhd (Ng Shern Yau)

Ng Yee Kim

JP Micro Credit Sdn. Bhd. (Ng Yih Chen)

Ng Yih Chen

F E Venture Sdn Bhd (Ngew Geok Chen)

Equatorial Palms Sdn Bhd (Ong Lay Ling)

Low Fatt Wood Industries Sdn Bhd (Paul Low Kung Ling)

Malaysian Gifts & Premium Association (MGPA) (Peh Leong Seng)

Sunsuria Forum Sdn Bhd (Pon Hai Yang)

Parkson Corporation Sdn Bhd (Chelsia Chan Chau Ha)

M3C Communications Sdn Bhd (Chelsia Chan Chau Ha)

TYM Group (M) Sdn Bhd (Raymond Tan Yong Ming)

CSW Marketing Sdn Bhd (Richard Chee Teck Yoon)

LYL Land Sdn Bhd (Sam Kah Yen)

Malaysia Retail Chain Association (Shirley Tay Bee Koo)

Shirley Tay Bee Koo

Mega Milestone Sdn Bhd (Siea Chin Chuan)

Persatuan Pedagang-Pedagang Barang-Barang Sembahyang Malaysia (Sing Eng Hua)

Siow Jat Shern

Flexevo (M) Sdn Bhd (Siow Lee Ching)

Kwong Yuen Machinery & Hardware (1976) Sdn Bhd (Soong Wing Hong)

Yuen Sang Enterprise Sdn Bhd (Soong Wing Hong)

Siew Thong Sdn Bhd (Soong Wing Hong)

Travelsight (M) Sdn Bhd (Tai Chin Peow)

Mars Valley Sdn Bhd (Tam Seng Yee)

Kuala Selangor & Sabak Bernam Chinese Chamber Of Commerce (Tan Cat Keong)

Klang Li & Co. Sdn Bhd (Tan Han Boon)

JS Hardware Scaffolding Sdn Bhd (Tan Jack Son)

TKP Family Holdings Sdn Bhd (Tan Kar Peng)

Tan Kar Peng

PW Tan & Associate (Tan Pei Wei)

EC Precast Sdn Bhd (Tan Peng Chung)

Echotex Marketing Sdn Bhd (Tan Sack Sen)

Only World Group Holdings Berhad (Richard CK Koh)

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See Hoy Chan Holdings Sdn Bhd (Teo Chiang Kok)

Lion Corporation Berhad (William Cheng Heng Jem)

Parkson Holdings Berhad (William Cheng Heng Jem)

Amsteel Mills Sdn Bhd (William Cheng Heng Jem)

Top-Mech Cranes And Hoists (M) Sdn Bhd (Ter Leong Yap)

Sunsuria Holdings Sdn Bhd (Ter Leong Yap)

Sunsuria Berhad (Ter Leong Yap)

Koh Chuan Huat Tea Merchants Sdn Bhd (Tan Syn Wooi)

Taurus Marketing Sdn Bhd (Tan Syn Wooi)

Vitaland Enterprise (Tee Kiat Siong)

Centro Properties Group Sdn Bhd (Teo Chui Ping)

Singular Asset Management Sdn Bhd (Teoh Kok Lin)

Singular Capital Management & Research Sdn Bhd (Teoh Kok Lin)

Sunsuria Core Sdn Bhd (Ter Chen Loong)

Sunsuria Development Sdn Bhd (Ter Shin Nie)

Agro-Farmchem Sdn Bhd (Toh Hway Hsien)

Eco Power Synergy Sdn Bhd (Tojo Chang Chin Fooi)

Evergreen Oil Sdn Bhd (Tom Yeoh Kwong Yuon)

Menang Engineering Sdn Bhd (Tong San Gin)

Sunsuria Properties Sdn Bhd (Vincent Lee Wei Sing)

Ze-De Sdn Bhd (Wong Chiew Yin)

ST Projects Sdn Bhd (Wong Fai Tat)

Amigatech Sdn Bhd (Wong Soon Sin)

DGL Advertising (M) Sdn Bhd (Wong Yoong Chiang)

Far East Offset & Engraving Sdn Bhd (Yong Ping Ying)

Sit-in : Pang Zhi Hao (BDO), Grace Chu Yee Ler (BDO) Secretariat : Ho Soo Fong, Ching Suh Miau, Ong Tan Qek, Ler Hui Hwa, Teo Hee

Ming, Chen Sun May, Chin Sze Wei, Loh Chia Suen, Koh Kok Soo, Chow Sheue Fen, Koay Chia Beng, Soong Yan Li

Chairman : Tan Sri Datuk Ter Leong Yap Minutes : Ho Soo Fong, Ching Suh Miau

1. President’s Speech

Today, I am very happy to be able to meet you all online at the 2021 Annual

General Meeting (AGM) of KLSCCCI. I would like to thank every member who

attended the AGM. Your support along the way have been the biggest driving force

for KLSCCCI to keep going.

It is my honour to be the President of KLSCCCI. Nine years ago, in June 2012, I

was elected as the President with the trust and support of the members which gave

me such a huge stage to serve the Chinese Chamber of Commerce.

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Today is also a special day for me. Time flies, and I have been the President of

KLSCCCI for 9 years. This mission is about to come to an end and it is time to hand

over the baton. Today is the last time I will attend and preside over the AGM of

KLSCCCI as the President.

I would like to take this opportunity to express my gratitude to all of you, as well as the many seniors who have given me guidance, so that I can be competent and productive in heading the KLSCCCI leadership. To the former Council Members, your sincere cooperation and full support have given me great courage to move forward.

As the promoter and participant in the development of KLSCCCI, we work together

to make sure that the things are made possible, practical and done well, no matter how big or small, or how difficult. I am very grateful to this excellent team, my good brothers, good sisters and good friends, I will always remember this wonderful time we spent together. The experience and gains of these years are definitely worthy of being cherished and placed in the most prominent position in the course of my life.

KLSCCCI has always adhered to the founding objectives of our predecessors and

tried its best to strive for the rights and interests of its members. Over the years, we have focused on the main goal of "creating value", adapting to the needs, by continuously being innovative, and promoted the Chamber’s affairs, including modernising the organisation, strengthening the branding and external relations, optimising and improving the website, renovating the Seng Peng Hall, setting up a "KLSCCCI Gallery", and digitalisation in the running of Chamber’s affairs, events and operation, etc. With everyone's support and efforts, all these projects have achieved good progress and results.

It is worth mentioning that, in the "MyHero Award" jointly organised by KLSCCCI

and Nanyang Siang Pau, a total of 18 winners were selected over three awards, regardless of race and the winners were commended for their kind deeds and as moral role models in helping others, thereby injecting warmth to the Society. In April of this year, we received very good news that the deeds of the winners of the "MyHero Award" have been included in textbooks of the various vernacular primary schools, so that students can get to know these ordinary but great people, and the good practice of benevolence and harmony values can be emulated. This pioneering initiative of great significance is the best harvest of our efforts to promote national unity.

The COVID-19 pandemic has ravaged the world, reminding us that change is the

only constant and the world is impermanent, that we need to be compassionate and treat others with equality and empathy. During this period, there were many genuine kind people and true stories of them helping others in need, which truly moved us in the ups and downs of life. At the moment, the country needs all of us to contribute to the country and society, and we also need to be more patient, contribute more, and get through the difficult times together.

I am very grateful to the Chamber’s members and Council Members for stepping

forward and doing their best for the country's fight against the pandemic. At the critical juncture, we launched the fundraising to donate medical equipment and protective equipment urgently needed by the hospital, including medical gloves, respirators, Central Monitoring System (CMS), ICU beds, etc., to support the medical system with practical actions and positivity.

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KLSCCCI has also actively participated work in the country's fight against the pandemic, cooperating with the Associated Chinese Chambers of Commerce and Industry, ACCCIM’s special task force to respond rapidly to the current situation of pandemic, and strive to solve the difficulties faced by the business community. So far, more than 40 proposals have been submitted to the Government. In this regard, the ACCCIM will continue to work hard, focusing attention to the problems faced by the industrial and commercial sectors and lending help and support to them at all times.

Our country has been fighting the pandemic for more than a year. During this

period, various government departments and agencies should have learned from the experience. Unfortunately, there were still many loopholes in planning and implementation by the Government when approaching MCO 3.0, such as confusion and chaos arising from improper planning, poor coordination, inadequate preparation, U-turns in policies and day-to-day rulings are unacceptable. Controversy between the ruling and opposition political parties and internal conflicts between departments have not only posed a huge obstacle to coordinating the pandemic response efforts, but also made it worse for families, individuals and businesses that are already under pressure and are struggling to survive.

Attitude determines everything; whereas details determine the success or failure.

We urge Government departments and agencies to coordinate with each other to plan and review every specific detail. More importantly, ensure consistency and uniformity of enforcement actions across the central, state, and local governments when formulating standard operating procedures. Before implementation, communicate with stakeholders and the business community, and plan in advance to ensure the consistency of guidelines and regulations and avoid confusion. If the above measures and details are done well, with clear standard operating procedures, to ensure the consistency and uniformity of law enforcement at the central, state and local government levels and all units. At the same time, to ensure strict law enforcement, everyone must strictly abide by the standard operating procedures, coupled with faster implementation of vaccination, the pandemic will be under control, and the Government must lift the FMCO as soon as possible, because companies, large and small businesses, and even the people can no longer withstand the lockdown situation and economy.

The pandemic has rocked everyone's daily lives, and it has also brought an

unprecedented crisis to our country. Political instability, economic depression, industry withering, and even the people's livelihood are not guaranteed. Moreover, various domestic issues have cropped up one after another, the decision-making has been unduly delayed or lack of thoughtfulness, and the relationship between various ethnic groups in the country has been strained and put to the test. Malaysia desperately needs drastic reforms to effectively control the pandemic and restore economic momentum so that our country could move forward, towards prosperity, towards stability.

In this regard, I believe that Malaysia must make major reforms in four major areas

to rebuild Malaysia. First, social and economic Second, the education system Third, the political and government system Fourth, racial harmony and national unity

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National interest is the highest principle, we must realise what the priority of national development is! Sustainable economic growth requires a strong government, good governance, and exemplary leaders who are committed to national development.

It is my sincere hope that each organisation can focus on the overall situation,

resonate with the development of the country at all times, implement various major reforms, promote the healthy and stable development of the relationship between the whole society and all ethnic groups, and make the cake of common interests bigger and bigger, so that the road to reform of the country can get better and go further.

The time has changed, and the chapter is anew! I am full of confidence and hope

for the future development of KLSCCCI, and I believe that the new leadership will lead KLSCCCI to unity and strive for a better tomorrow, adhering to the 117-year-old splendid tradition of serving the business community and members, and be united and closer with each other to achieve more dazzling achievements, and move further steadily.

With a grateful heart, once again I wish to express my sincerest gratitude to all the

members and Council Members who have cared, supported and helped me. I would also like to express my special thanks to all the Secretariat members of

KLSCCCI led by Mdm. Ho Soo Fong. Without your hard work and support, the affairs of this Chamber would not have achieved such good progress.

Finally, I would like to send my best wishes to all of you. I sincerely wish you good

health, good luck and family happiness. Thank you.

2. Confirmation of minutes of Previous AGM (15-8-2020) The meeting unanimously approved the Minutes of the Annual General Meeting

held on 15th August 2020 as proposed by Datuk Ng Yih Pyng and seconded by Dato’ Tan Tian Meng.

3. To Adopt the Annual Report and Audited Financial statements (As at: 31-12-2020)

The Honorary Secretary General, Mr. Gan Boon Khim summarised the report on

activities of KLSCCCI for the past year. Being affected by the COVID-19 pandemic and the Movement Control Order

(MCO), the Chamber has adjusted and changed the method of organising activities since July 2020 from physical to online in accordance to the new normal, including convening online meetings and holding online activities, etc.

The Chamber has organised webinars via Facebook live streaming. Starting from

July 2020, the Chamber has organised 11 webinars. Besides, the Industry Committee also organised a series of Virtual Business Opportunity Networking (VBON) sessions, in total 6 VBON sessions up till to date. During the Movement Control Order (MCO 1.0) period, the Digital Economy Committee also co-organised 8 series of live broadcasts with the ACCCIM, inviting guest speakers to speak on the current hot topics.

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Although under the standard operating procedures (SOP) formulated by the government for the pandemic prevention, the Anniversary Dinner and all charity dinner events of the Chamber must be temporarily put on hold, but the Chamber does not forget to fulfill its social responsibility by donating through the Chamber’s Welfare Fund. In addition to the annual donation presentation to beneficiary charitable organisations, the Chamber also donated to relief actions launched by other groups, such as the donation of medical gloves to hospitals in China in response to the call by ACCCIM, the relief plan project of the Tzu Chi Foundation and the charity fundraising activities of the MRCA.

Besides, last year, KLSCCCI and its Council Members also raised the donation at a

total of RM1,066,500.00 in rally to the RM2 million donation to The Edge COVID-19 Equipment Fund and The Edge COVID-19 Health Care Workers Support Fund initiated by The Edge Media Group, together with ACCCIM.

In late May this year, the pandemic situation in the country was very severe. The

number of confirmed cases continued to rise and the hospital beds were overloaded. Under the call of the Chamber’s President, once again another fundraising was launched. In just two days, the Council Members and Working Committee members of the Chamber jointly raised RM502,000 to donate 2 sets of central monitoring system CMS and 5 ICU beds to the Sungai Buloh Hospital.

Despite the impact of the pandemic, the Scholarship Fund of the Chamber

continued to issue scholarships / bursaries to students who are currently still studying. The National Unity Committee of the Chamber also organised a series of activities to promote national unity and racial harmony. A Coffee Table Book with title "Lead and Grow − 115 Years of KLSCCCI" will be published in collaboration with the Malaysian Chinese Research Centre (MCRC) of University Malaya and the UM Press.

Please refer to the Annual Report 2020 for other reports on the Chamber’s

activities. The Meeting unanimously approved the Annual report as at 31st December 2020 as

proposed by Mr. Foo Kooi Siong and seconded by Mr. Teoh Kok Lin. Honorary Treasurer, Dato’ Tay Sim Kim reported as below: Please refer to the Annual Report 2020 for the financial report of KLSCCCI in 2020.

The annual total income for the Consolidated Fund (i.e. General Fund / Scholarship Fund) was RM2,227,429.00, after deducting the annual total expenses of RM3,109,787.00 (inclusive of depreciation of RM663,005.00), deriving a deficit of RM(882,358.00). Whereas BDO preliminarily estimated that the General Fund of KLSCCCI for year 2020 will not be taxed.

The Meeting unanimously approved the Audited Financial statements dated 31st

December 2020 as proposed by Mr. Chong Jee Min and seconded by Mr. Michael Chai Woon Chew.

4. To Appoint Auditor The Meeting unanimously approved the appointment of BDO as the Chamber’s

Auditor as proposed by Mr. Chong Jee Min and seconded by Mr. Michael Chai Woon Chew.

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5. To Adopt Resolutions Chairman of the Resolution Committee, Mr. Michael Chai Woon Chew tabled a total

of 23 resolutions for approval of the AGM. The issues covered included: Commerce, Industry, Economy and Agriculture Development; Taxation; Human Resource Development; Social and Welfare.

A. COMMERCE, INDUSTRY, ECONOMY AND AGRICULTURE DEVELOPMENT

5.1 To Extend WSP And Continue Apprenticeship Programme

Resolution : The Chamber urges the Government to extend Wage Subsidy Programme (WSP) and continue Apprenticeship Programme.

Rationale : Uncertainty in Malaysia’s labour force situation in 2020 was

profoundly caused by the health crisis and economic consequences, leading the unemployment rate to reach 4.5% compared to 3.3% in 2019. Businesses need support in retaining and paying their workers to help businesses on cash flow.

The extension of WSP for another six months and Apprenticeship Programme Incentive would encourage employer employ graduates, reduce unemployment rate.

Solution : To write to the Prime Minister’s Department, Ministry of Finance, Ministry of Human Resources.

5.2 To Continue The SME Digital Grant And Improve The Policy / Process Of

Application

Resolution : The Chamber urges the Government to continue the SME digital

grant and improve the policy / process of application.

Rationale : It is absolutely a correct direction to help / lead the SMEs improving

digitalisation. SME grant is a great initiative to 100,000 SMEs.

However, there are multiple issues feedback from the SMEs and

Technology Solution Providers in the country.

These include the grant cannot be applied online and SMEs do not

have the visibility in the website to see the progress of application;

SMEs can only apply once in a lifetime resulting in SMEs either wait

and find a big RM10,000 project or change 3 to 5 software at one go;

it doesn’t help the SMEs to be stronger by adopting new accounting

software; reselling of foreign software causing the local software

companies be outnumbered by the foreign vendors.

Solution : To write to the Ministry of Finance, Malaysia Digital Economy

Corporation, Economic Planning Unit.

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5.3 To Assist Business Community To Benefit From Skills Development For SMEs And Bridging The Skills Gap Of Workforce

Resolution : The Chamber urges the Government to assist business community to benefit from skills development for SMEs and bridging the skills gap of workforce

Rationale : For the level of TVET and skills education that Malaysia has

compared to its peers, there is still a significant lack of workers with

the skills that employers demand.

Without having to revamp the education system, which will

very quickly become redundant as technology improves, it is

suggested that the Government to introduce programme for

employers to provide on the job training for fresh graduates

supported via two pronged initiatives:

(i) Salary supplementation to allow for employers to hire graduates

at a lower cost (hire local, but pay minimum wage, balance to

be topped up by the Government);

(ii) Campaigns to train / teach employers on best practices to

onboard and train new hires (most employers are not efficient at

training).

Solution : To write to the Ministry of Entrepreneur Development and Cooperatives, Ministry of Human Resources, Department of Skills Development, Ministry of Education.

5.4 To Adopt Plot Ratio For Residential Development And Residential Component

In Mixed Development Projects

Resolution : The Chamber welcomes the KL 2040 Master Plan’s adoption of plot ratio for residential development and urges all other local authorities to adopt plot ratio instead of density for residential development and residential component in mixed development projects.

Rationale : Land is increasingly scarce and it is a trend for high density high rise compact living. Adoption of plot ratio instead of density will allow mixed residential units of varying sizes to meet the affordability and family sizes to match market needs and demand. The use of plot ratio will facilitate such flexibility.

This will align with plot ratio calculations used in non-residential components especially for mixed-used developments.

Solution : To write to the Ministry of Housing and Local Government, Ministry of Federal Territories, Chief Minister of Selangor, Mayor of Kuala Lumpur.

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5.5 To Adopt 400m Radius For TOD And 800m Radius For TAD

Resolution : The Chamber urges all local authorities to adopt 400m radius for

Transit-Oriented Development (TOD) and 800m radius for Transit-

Adjacent Development (TAD).

Rationale : The land resources are limited and finite especially within Wilayah

Persekutuan Kuala Lumpur and its use should be maximised. Areas

within TAD areas should be encouraged to be developed with higher

plot ratio.

Meanwhile, 400m and 800m radius are “walkable” for the TOD and

TAD communities and could achieve an optimum land use. This is to

reduce the land component in the cost of unit.

Solution : To write to the Ministry of Housing and Local Government, Ministry of

Federal Territories, Chief Minister of Selangor, Mayor of Kuala

Lumpur

5.6 To Strengthen Promotion On Domestic Cultivation Of Vegetables And Fruits, And To Increase Sales Platforms

Resolution : The Chamber urges the Government to strengthen promotion on domestic cultivation of vegetables and fruits in order to meet domestic demand, expand export markets, reduce dependence on imports, and to increase sales platforms.

Rationale : Fruit farmers in the country have always faced the dilemma of not owning arable land. Most of the farmers are unable to buy land for planting because of the high land prices and difficulties in obtaining loans. Meanwhile, some of the agricultural land leased by the Ministry of Agriculture or other government units are rugged, the soil is lacking in natural minerals and the geographical location is far away. Therefore, mechanised planting is restricted, transportation cost is too high, and fruits are easily damaged during transportation.

Therefore, the Chamber proposes the Government:

a. To look for planting land that are relatively flat and close to main roads to be leased to qualified fruit farmers or companies that have been in the fruits planting field for many years and run well, or even cooperatives, to grow fruits in a one-stop manner. This will not only respond to the Government's mechanised planting plan, but also reduce costs, and thus ensure yield and quality more effectively.

b. To give fruit farmers more incentives and subsidies, lower taxes, and call on banks to provide low-interest loans in order to attract more especially young people to join the fruits industry.

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c. To reduce dependence on imports of fruits and vegetables, and in particular control the imports of fruits and vegetables also locally grown to avoid affecting the local market. Besides, to vigorously promote local fruits, starting from government departments, major institutions and enterprises to use local fruits instead of foreign fruits for reception of VIPs, guiding people to eat more local fruits.

d. To promote the development of downstream industries and upgrade the technology for fruits and vegetables preservation, to provide subsidies and incentives, and to strengthen the technical research and development on fruits and vegetables harvesting and downstream sectors.

e. To promote the online sales platform plan, educate and reward farmers to sell fruits and vegetables through the internet. Besides, since fruits and vegetables are not suitable for long-term storage, it is hoped that the Government and farmers will discuss and solve the transportation problems together.

Solution : To write to the Ministry of Agriculture and Food Industries.

5.7 To Simplify And Speed Up Application Procedures For Foreign Workers, And Open More Quotas Of Foreign Workers For Farmers To Apply

Resolution : The Chamber urges the Government to simplify and speed up application procedures for foreign workers, and open more quotas of foreign workers for farmers to apply.

Rationale : Although fruit farmers tried to hire local workers, the remoteness and mountainous location make local workers reluctant to work in the orchard, and most locals also cannot tolerate the heat and work in the orchard. Therefore, we still need to rely on foreign workers at this stage. Agriculture in the country has been facing shortage of workers. In addition, foreign workers are now prohibited from entering the country due to the impact of the COVID-19 pandemic. As a result, many orchards and vegetable farms are facing the shortage of workers and lack of professional management, which seriously affects the output and quality of orchards and vegetable farms.

Solution : To write to the Ministry of Agriculture and Food Industries, Ministry of Human Resources.

B. TAXATION

5.8 To Shelve Any Increase In Taxation

Resolution : The Chamber urges the Government to shelve any increase in taxation.

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Rationale : With the increasing severity of the COVID-19 pandemic and the implementation of Full Movement Control Order (FMCO) from 1st to 28th June 2021, local businesses and people are worried about business income and life will be hit once again. At this difficult time, the Government should shelve any tax increase to prevent businesses and people from falling into deeper financial difficulties.

Solution : To write to the Ministry of Finance, Inland Revenue Board of

Malaysia. 5.9 To Review And Gradually Reduce Company Income Tax Rate Resolution : The Chamber urges the Government to review and gradually reduce

company income tax rate. Rationale : Under the impact of the COVID-19 pandemic, in order to support

businesses on cash flow, the Government should reduce company income tax rate to 22% from 24% for corporates in year 2021 and further to 20% for year 2022; reduce company tax rate to 15% from 17% for SMEs in year 2021.

At present, the standard corporate tax rate in Malaysia is 24% while

eligible SMEs enjoy a preferential tax rate of 17% on their first RM600,000 of taxable income which are higher compared with the corporate tax rate of Southeast Asian countries such as Singapore (17%), Brunei (18.5%), Thailand (20%) and Vietnam (20%), etc.

Lowering the income tax rate will attract foreign direct investment and

enhance the competitiveness of domestic enterprises. Besides, the Government has already levied windfall tax on petroleum, and is able to earn revenue from reintroduction of GST with a lower rate.

Solution : To write to the Ministry of Finance. 5.10 To Provide Incentive To Companies For Implementing Transformation Resolution : The Chamber encourages automation adoption for small and

medium enterprises (SMEs), and urges the Government to provide

incentive to companies for implementing transformation.

Rationale : In order to encourage manufacturing companies to engage in

innovative and productive activities, as well as to spur automation

initiatives; the qualifying period for Automation Capital Allowance

(ACA) should be extended to 31st December 2022 and expanded to

the services sector.

The current Capital Allowances for high labour intensive industries

(rubber products, plastics, wood, furniture and textiles), first RM4

million QCE relating to automation equipment incurred from year

2015 to year 2020. Other industries, first RM2 million QCE relating to

automation equipment incurred from year 2015 to year 2020.

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Solution : To write to the Ministry of Finance, Malaysian Investment

Development Authority.

5.11 To Waive Or Give 50% Discount For All Business Permits, Licenses And Assessment For 2021

Resolution : The Chamber urges the Government to waive or give 50% discount

for all business permits, licenses and assessment for 2021.

Rationale : Malaysian businesses have been facing losses as a result of

business disruptions caused by the Movement Control Order which

was implemented to deal with the COVID-19 pandemic. For the first

time in 22 years, Malaysia’s retail sales are seen contracting by as

much as 15.8% in 2020. For businesses to revive and survive in a

low sales and high operating cost environment, savings on cash flow

is paramount.

Solution : To write to the Ministry of Federal Territories, Ministry of Domestic Trade and Consumer Affairs, Ministry of Entrepreneur Development and Cooperatives, Chief Minister of Selangor, Mayor of Kuala Lumpur.

5.12 The Removal Of The Condition Of Only SME To Qualify For Tax Relief On Rental Deduction Be Retrospective To March 2020 And The Tax Rebate Be Given Instead Of Tax Relief

Resolution : The Chamber appeal that the removal of the condition of only SME to qualify for tax relief on rental deduction be retrospective to March 2020 and the tax rebate be given instead of tax relief.

Rationale : It was a condition to provide the SME Status Certificate from SME

Corporation Malaysia for the purposes of verifying the SME status of

the tenant to be eligible for tax relief on rental deduction. However,

many taxpayers were unable to get the tax relief on rental deduction

due to failure to fulfil the requirement which no longer applies.

Furthermore, the unprecedented pandemic and the long drawn

period of negative impact on business and the economy have

negatively impacted all businesses big and small and are in need of

rental reductions assistance.

Solution : To write to the Ministry of Finance.

5.13 To Continue Providing Tax Exemption On Joss Sticks (Incense)

Resolution : The Chamber urges the Government to continue providing tax exemption on joss sticks (incense).

Rationale : The import of joss sticks has never been taxed, but since the

implementation of Sales and Services Tax (SST) in year 2018, some

importers were levied import tax, which caused confusion among the

prayer goods traders.

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Offering joss sticks (incense) during daily worship has become part

of our Chinese culture especially for the Buddhist and Taoist.

Continue providing tax exemption on joss sticks (incense) will reduce

the burden on consumers.

Besides, the Chamber hopes the Government will issue an HS Code

for the purpose of importing joss sticks (incense).

Solution : To write to the Royal Malaysian Custom Department, Ministry of International Trade and Industry.

C. HUMAN RESOURCE DEVELOPMENT

5.14 To Defer The Expansion Of Additional Business Sectors Required To Contribute To The HRDF, To Suspend Levy Contribution For All Including Existing Contributors, And To Provide Double Tax Deduction On Training Related Expenditures

Resolution : The Chamber urges the Government to defer the expansion of

additional business sectors required to contribute to the Human

Resources Development Fund (HRDF) and to suspend levy

contribution for all including existing contributors until the economy

has recovered, besides providing double tax deduction on training

related expenditures.

Rationale : Most of the business sectors have been struggling to survive as a

result of the Movement Control Order and COVID-19 pandemic. Most

companies which are allowed to operate are operating with minimum

staffing and not possible to have any staff be sent for training without

handicapping the functions of operating the business.

HRDF expanded levy collection mandate to all qualifying employers

will cause companies needing extra funds be channelled towards

covering their business overheads. It does not seem is the time for

businesses to retrain staff. This is the worst time to realise the

expansion of HRDF as it will delay business recovery and make it

harder to survive.

Exemption of HRDF levy should be given to all including existing

contributors, and not only for new sectors. HRDF is sitting on more

than RM1 billion of fund, temporarily stopping contribution should

have minimum impact on HRDF.

Besides, the Government should encourage in-house training by

removing obstacles of setting up. Return on investment in training

has not been proven to be effective. On the contrary, double tax

deduction on training related expenditures should be more effective

and encouraging. It will be a win-win for all.

Solution : To write to the Ministry of Human Resources, Human Resources

Development Fund.

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5.15 To Provide More Incentives For SMEs To Retain Talents And Employees

Resolution : The Chamber urges the Government to provide more incentives for SMEs to retain talents and employees.

Rationale : SMEs having trouble of retaining talent after developing them as

fresh graduates, these talents either go to work in MNCs or over the

causeway to Singapore.

It is suggested that the Government to provide more incentives to

help SMEs retain said talent, examples would be personal income

tax for local developed talent should be reduced or capped (up to

certain age and salary range). This should make it attractive to stay

in SMEs.

Besides double tax deduction, it is also suggested that the

Government to make a clause to subsidise training for SMEs facing

difficulty to accumulate fund for training

HRDF based programmes for SMEs should be priced more

attractively for local graduates (at least up to the age of 30) to help

them progress in their careers.

These may allow for SMEs to retain talent for a longer period of time,

to allow for easier transition / succession.

Solution : To write to the Ministry of Entrepreneur Development and

Cooperatives, Ministry of Human Resources, Human Resources

Development Fund, SME Corporation Malaysia.

5.16 To Accelerate The Development Of Practical Courses Of STEM, And To

Improve Mathematics As Top Priority In Local Education System

Resolution : The Chamber urges the Government to accelerate the development of practical courses of Science, Technology, Engineering, and Mathematics (STEM), and to improve Mathematics as top priority in local education system, so as to enhance human capital development and cultivate talents.

Rationale : Industry 4.0 consists of physical cyber, Internet of things (IOT),

knowledge, innovation and talent are the factors that will enable

Malaysia to become a developed nation.

The Government should strengthen practical courses of science,

technology, engineering, and mathematics so that students can

master the professional skills and strengthen their knowledge in

school, which could help them adapt to the new professional

requirements of the industries. However, according to the survey,

there are only 30% of students choosing Science stream.

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Top talents in many industries require mathematical skills. Not only

engineering but also business, banking and finance. Strong

mathematical skills are not only helping the students to understand

the world better, but also serve as a training for students’ logical

thinking. Improving the mathematics standards is a pre-requisite of

improving the talent quality and competitive advantage of a country.

Solution : To write to the Ministry of Education.

5.17 To Attract More Engineering Talents To Malaysia And Speed Up The Immigration Process For Local Companies To Hire Engineering Talents

Resolution : The Chamber urges the Government to attract more engineering

talents to Malaysia and speed up the immigration process for local companies to hire engineering talents.

Rationale : It is not true that foreign software engineering talents will cause

Malaysian software engineering talents to lose jobs. The more

software engineering talents we have in this country will be able to

attract more companies to invest their engineering hubs in Malaysia

and create more jobs. The foreign talents can bring in more valuable

experience and international engineering practices into Malaysia and

help nurturing local talents.

It has been very difficult for smaller local companies to build their

engineering talent pools with the current immigration system. It can

take as long as 8 months for a new visa application and 4 months for

a renewal on software engineering talents.

Solution : To write to the Minister of International Trade and Industry, Ministry

of Home Affairs, Economic Planning Unit.

5.18 To Allocate Fund For Chinese Independent Schools And Non-Profit Private Universities And Colleges

Resolution : The Chamber urges the Government to allocate fund for Chinese independent schools and non-profit private universities and colleges.

Rationale : Malaysia is a multi-racial country adopting multi-stream education

system which had existed before independence and was included

into the Federal Constitution after independence to ensure that all

ethnic groups have the right to maintain their own mother tongue

education. Therefore, the Government’s funding for education should

also be treated fairly to ensure schools of all main streams in

Malaysia receive fair allocation, which could help to support the

sound development of Malaysia's education system regardless of

race, and to cultivate talents who will serve towards nation

development in the future.

Independent high schools and non-profit private universities and

colleges have operated in Malaysia for a long time and have nurtured

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many excellent talents for the country. However, these schools were

not recognised by the national education system and merely rely on

private funding from the community to sustain their operations. The

previous Government has made an exception in allocating funds to

all schools, including independent high schools and private

universities and colleges. This was an important step towards

respecting and supporting the multi-streams education, which is of

great effort to unite a multi-ethnic society of Malaysia.

Education is one of the fundamental factors of a country’s

development. Fair allocation from the government is equally

important to every school. In this regard, the Chamber urges the

Government to treat fairly and allocate funds for Chinese

independent schools and non-profit private universities and colleges

as well.

Solution : To write to the Ministry of Finance, Ministry of Education.

5.19 To Review The Contents Of History Textbooks Of Secondary School And Make Appropriate Corrections To The Biased Content

Resolution : The Chamber urges the Government to review the contents of history

textbooks of secondary school and make appropriate corrections to the biased content.

Rationale : The latest edition of history textbooks for secondary school has

caused controversy due to its inaccurate and non-objective contents.

Especially the key facts that various ethnic groups have participated

in the nation-building has been downplayed, such as the narratives

of Mr. Yap Ah Loy, the founder of Kuala Lumpur, and many other

Chinese ancestors who had contributed to the pioneering history.

The contents of the history textbooks are unable to reflect the true

context of Malaysia’s multiracial and multicultural makeup, which will

limit the students’ understanding of our country’s history from

different perspectives, further hindering the build-up of their national

identity and sense of belonging, which is not conducive to national

unity.

The Chamber was founded in 1904 by prominent Chinese business

leaders such as Loke Yew, Chan Sow Lin, Loke Chow Kit, etc. The

Chamber actively took part in the development of the Kuala Lumpur

and witnessed the historical progress of the country from British

colonial rule, two world wars, independence of Malaya and the

establishment of Malaysia. From the standpoint of the Chamber,

history should not be ignored or undermined, and the authority

should rationally and comprehensively reflect the historical truth in

the history textbook. The history should not be interpreted in

prejudiced views that would obliterate the achievements of those

historical figures of other ethnics.

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In this regard, the Chamber urges the Government to form an

independent interracial review committee to censor the content of the

existing history textbooks and make appropriate corrections to the

contents as soon as possible.

Solution : To write to the Ministry of Education.

5.20 To Provide Tax Incentives And Deductions To Companies Participating In PLIP

Resolution : The Chamber urges the Government to provide tax incentives and deductions to companies which are participating in Program Latihan Industri Perpaduan (PLIP).

Rationale : PLIP aims at fostering unity and understanding of cross-culture and

cross-careers among ethnicity of students, employees and private

sectors, facilitate the intake of all races of students to undergo the

job trainings in private sector and to enhance the working abilities,

skills and confidence of students. It is very important in strengthening

the bonds of interracial relations in this country for future generation.

Tax incentives and deductions will attract more businesses to

participate in this significant programme.

Solution : To write to the Ministry of Finance, Ministry of National Unity.

D. SOCIAL AND WELFARE

5.21 To Provide More Funds For Promoting National Unity Activities, And To Encourage PLCs To Include Unity Programmes In CSR P

Resolution : The Chamber urges the Government to provide more funds for promoting national unity activities, and to encourage PLCs to include unity programmes in Corporate Social Responsibility (CSR).

Rationale : In line with the formation of Ministry of National Unity in March 2020

and launching of the National Unity Policy on 15th February 2021,

National Unity has been seen as a key target of government policy.

However, funding and tax initiatives are absolutely important in order

to ensure that Malaysia will continue to enjoy racial harmony and at

the same time, helping to boost the country’s development in various

sectors, despite facing the global crisis.

Solution : To write to the Ministry of Finance, Ministry of National Unity.

5.22 To Subsidise The Welfare And Charitable Organisations Effectively, To Allocate Funds For Promoting Charitable Activities

Resolution : The Chamber urges the Government to subsidise the welfare and charitable organisations effectively, to allocate funds for promoting charitable activities.

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Rationale : Donations from individuals and companies to welfare and charitable

organisations are decreasing due to the outbreak of COVID-19 and

economic recession. In this dilemma, the welfare and charitable

organisations which rely on donations for its operating funds are

facing financial difficulties and need the government’s fund allocation

urgently, in order to ensure that the organisations are able to operate

and develop continuously and systematically so as to take care and

help cater the needs and basic living quality of the underprivileged.

More allocation in the budget to activities that are promoting charity

and welfare will help to encourage more individuals and companies

to take initiative and be actively involved in to fulfil their social

responsibilities, to strengthen the spirit of volunteerism together as

well as to enhance the caring society and national unity.

Solution : To write to the Ministry of Women, Family and Community

Development, Ministry of Finance.

5.23 To Promote People’s Awareness Of Cyber Security So As To Deter Cyber Crimes

Resolution : The Chamber urges the Government to promote people’s awareness of cyber security so as to deter cyber-crimes.

Rationale : The internet convenience injects tremendous vitality to the progress

of society as well as provides strong impetus for the economic

development. However, cyber scams, cyber-attacks and cyber

rumours have been repeatedly occurring. The incidents of cyber-

crimes are still happening one after another during the COVID-19

pandemic. Cyber threats will harm the well-being of the society,

affect the economy as well as endanger the national security.

The Chamber urges the Government to implement the Cyber SAFE

to help enhance the public awareness on the cyber security as well

as to defend the cyber security together.

Solution : To write to the Ministry of Communications and Multimedia, National

Cyber Security Committee, Bank Negara Malaysia, Securities

Commission Malaysia, Police Cyber Investigation Response Centre.

The meeting unanimously approved to adopt the above 23 resolutions, as proposed

by Mr. Choong Pin Hoong and seconded by Mr. Foo Kooi Siong.

6. Report by The Election Committee Chairman

Election Committee Chairman, Mr. Chong Jee Min reported as below:

According to today’s AGM agenda, Election of Council Members was originally

scheduled after the AGM.

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However, as at 12.00 noon on Closing Date of Nomination, 8th June 2021 the

Election Committee received 45 qualified Nomination Forms, 10 Trade Associations

have been nominated as Trade Association Council Members and 35 Corporate

and / or Individual Members have been nominated as Corporate and / or Individual

Council Members. Therefore, the Election Committee decided that there will be no

need of vote casting for election of Council Members on the date of AGM. The

Election Committee resolved that all 45 nominated candidates are duly elected

unopposed as Council Members for year 2021-2024, please refer to the List of

Council Members for the new term on the screen. The Election Committee also

issued Press Release on this to newspapers on 9th June 2021.

Congratulations to all duly elected Council Members for the new term and we hope

that we will be able to continue to strive with our united strength and bring the

KLSCCCI Chamber to greater heights.

7. Other Matters

The Deputy President, Mr. Michael Chai put forward a motion, especially for the session on thanking and sending off the President. His speech was as follows:

The 9-year term of our President Tan Sri Datuk Ter Leong Yap expires today. During his tenure in office, Tan Sri Ter led our Council Members, in addition to continuing the spirit of service in our Chamber, he is also committed to reform and innovation, and carried out many changes involving rejuvenation and digital transformation, so that KLSCCCI could keep up the pace with the advent of the present era.

Tan Sri Ter also values racial harmony and national unity, and in this regard we have worked hard and achieved good results.

Even under the difficult times of the COVID pandemic, he never slackens, which during this period, he gathered the strength of KLSCCCI, ACCCIM and the National Chamber of Commerce and Industry of Malaysia (NCCIM), and submitted a number of suggestions that benefit businesses and the people to assist the domestic economic recovery. At the same time, he also called on fund raising and donation of medical supplies to fight the pandemic together. Tan Sri Ter is always caring about the community and fighting for everyone's welfare.

Therefore, once again we would like to thank Tan Sri Ter for his dedication and contribution over the years, leading everyone to a better future. Lastly, we wish Tan Sri Ter good health and smooth sailing in the future!

Afterwards, the participating Council Members and members of KLSCCCI sang the meaningful song titled "Applause" together online to bid farewell to the President Tan Sri Datuk Ter Leong Yap.

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Lastly, Tan Sri Datuk Ter Leong Yap thanked the members and Council Members again. He said that in the 30 years since he started his own business, he has spent more than 20 years with KLSCCCI, so “there is a lot of his DNA in the Chamber of Commerce, and a lot of his DNA comes from the Chamber of Commerce”. He believes that the biggest gain in KLSCCCI over the years is he made a group of true friends, and the Chamber of Commerce is rich in resources and talents. He feels that the greatest wealth is that everyone's values and directions are on the correct path, and each serving the Chamber of Commerce with a very sincere heart and has no personal interests. In the end, he said bluntly: "I can't say that I will miss all of you very much, because I will continue to be with you all and continue to care about KLSCCCI, because it has become a part of my life."

The AGM was adjourned at 12.30 p.m.

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The Re-Election Meeting of KLSCCCI Council Members for year 2021 – 2024 was held on

1st July 2021 (Thursday) at 2:00 p.m., whereby 12 EXCO members (including the

President, Deputy President, 5 Vice Presidents, Honorary Secretary General, 2 Deputy

Honorary Secretary General, Honorary Treasurer, and Deputy Honorary Treasurer) and 18

Chairmen of Working Committees were duly elected unopposed.

The Re-Election Meeting was chaired by the Chairman of Election Committee, Mr. Chong

Jee Min.

Please refer to below List of EXCO members and Chairmen of Working Committees for

year 2021 – 2024:

President : Datuk Ng Yih Pyng

Deputy President : Mr. Michael Chai Woon Chew

Vice President cum Chairman, Construction,

Property and Infrastructure Committee

: Tan Sri Dato’ Teo Chiang Kok

Vice Presidents : Dato’ Lim Kiam Lam

Dato’ Tan Tian Meng

Puan Sri Chelsia Chan Chau Ha

Dato’ Liaw Choon Liang

Honorary Secretary General : Mr. Foo Kooi Siong

Honorary Treasurer cum Chairman, Malaysia-

China Economic, Trade & Investment Promotion

Committee

: Datuk Wira Lim Chiun Cheong

Deputy Honorary Secretary General I : Mr. Tan Kar Peng

Deputy Honorary Secretary General II : Datuk Albert Chiang Heng Kieng

Deputy Honorary Treasurer : Mr. Chua Ngeun Lok

Chairman, International Trade and Industry

Committee

: Dato’ Dr. Andy Seo Kian Haw

Chairperson, Commerce Committee : Mdm. Shirley Tay Bee Koo

Chairman, Legal Committee : Mr. Chong Jee Min

Chairman, Human Resources Development

Committee

: Mr. Gan Boon Khim

Chairman, Environmental, Social and Governance

Committee

: Mr. Teoh Kok Lin

Chairman, Finance and Capital Market Committee : Mr. Lee Yew Chen

Chairman, Tourism Industry Committee : Mr. Gan Chooi Yang (Yanki Regan)

Chairman, Agriculture & Primary Industries

Committee

: Mr. Jeffrey Choong Wong Thiam

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Chairman, Small and Medium Enterprises

Committee

: Mr. Chin Chee Seong

Chairman, Digital Economy Committee : Mr. Effon Khoo Giok Hong

Chairperson, Women Entrepreneurs Committee : Mdm. Liew Su Fei

Chairman, National Unity Committee : Datuk Wira Richard Lau Chi Chiang

Chairman, Culture & Education Committee : Mr. Soong Wing Hong

Chairman, Welfare Committee : Dato’ Barry Ong Thai Hean

Chairman, Young Entrepreneurs Committee : Mr. Choong Pin Hoong

Chairman, Branding Strategy and Membership

Drive Committee

: Mr. Chong Khai Siang

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1. To Extend WSP And Continue Apprenticeship Programme

Progress : On 2nd August 2021, the Chamber wrote to the Prime Minister’s Department, Ministry of Finance and Ministry of Human Resources to urge the Government to extend Wage Subsidy Programme (WSP) and continue Apprenticeship Programme.

According to the National Budget 2022, the Government will continue

the WSP initiative specifically for the tourism industry player whom experienced decline in revenues of at least 30%.

2. To Continue The SME Digital Grant And Improve The Policy / Process Of Application

Progress : On 2nd August 2021, the Chamber wrote to the Ministry of Finance,

Malaysia Digital Economy Corporation and Economic Planning Unit to urge the Government to continue the SME digital grant and improve the policy / process of application.

According to the National Budget 2022, the Government will enhance the SME Digitization Grant Scheme initiative. For 2022, the total funding for this scheme has been increased to RM200 million.

3. To Assist Business Community To Benefit From Skills Development For SMEs And Bridging The Skills Gap Of Workforce

Progress : On 2nd August 2021, the Chamber wrote to the Ministry of Entrepreneur Development & Cooperatives, Ministry of Human Resources, Department of Skills Development and Ministry of Education to urge the Government to assist business community to benefit from skills development for SMEs and bridging the skills gap of workforce.

On 25th October 2021, the Office of the Minister of Entrepreneur Development & Cooperatives replied that the letter of the Chamber has been given attention by the Office and has been submitted to the Secretary General of the Ministry for further action.

The Chamber was also invited for a discussion on this resolution with the Department of Skills Development on 25th Oct 2021.

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4. To Adopt Plot Ratio For Residential Development And Residential Component In Mixed Development Projects

Progress : On 2nd August 2021, the Chamber wrote to the Ministry of Housing & Local Government, Ministry of Federal Territories, Chief Minister of Selangor and Mayor of Kuala Lumpur to welcome the KL 2040 Master Plan’s adoption of plot ratio for residential development and to urge all other local authorities to adopt plot ratio instead of density for residential development and residential component in mixed development projects.

On 10th November 2021, the Office of the Minister of Federal Territories extended the letter of the Chamber for the further attention and consideration of Mayor of Kuala Lumpur, subject to the terms and procedures set.

5. To Adopt 400m Radius For TOD And 800m Radius For TAD Progress : On 2nd August 2021, the Chamber wrote to the Ministry of Housing &

Local Government, Ministry of Federal Territories, Chief Minister of Selangor and Mayor of Kuala Lumpur to urge all local authorities to adopt 400m radius for Transit-Oriented Development (TOD) and 800m radius for Transit-Adjacent Development (TAD).

On 13th September 2021, the Kuala Lumpur City Hall replied that the resolution of KLSCCCI will be studied in the drafting of the 2040 Kuala Lumpur Local Plan (PTKL2040). However, the draft of PTKL2040 is subject to the entire reporting process of PTKL2040 which needs to go through a public rebuttal process which is expected to be carried out in the first quarter of 2022 before it is finalised.

On 10th November 2021, the Office of the Minister of Federal Territories extended the letter of the Chamber for the further attention and consideration of Mayor of Kuala Lumpur, subject to the terms and procedures set.

6. To Strengthen Promotion On Domestic Cultivation Of Vegetables And Fruits, And To Increase Sales Platforms

Progress : On 2nd August 2021, the Chamber wrote to the Ministry of Agriculture

& Food Industries to urge the Government to strengthen promotion on domestic cultivation of vegetables and fruits in order to meet domestic demand, expand export markets, reduce dependence on imports, and to increase sales platforms.

According to the National Budget 2022, the granting of subsidies and incentives for the agriculture and fisheries industry will be continued with an allocation of RM1.7 billion of which RM1.5 billion will be allocated for seed, fertilizer, price and paddy production subsidies.

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7. To Simplify And Speed Up Application Procedures For Foreign Workers, And Open More Quotas Of Foreign Workers For Farmers To Apply

Progress : On 2nd August 2021, the Chamber wrote to the Ministry of Agriculture & Food Industries and Ministry of Human Resources to urge the Government to simplify and speed up application procedures for foreign workers, and open more quotas of foreign workers for farmers to apply.

Minister of Human Resources YB Datuk Seri M. Saravanan said on 15th January 2022, the Government had granted special approval to bring in 32,000 foreign workers through special exemption in September 2021 to ease the labour shortage in the plantation sector.

8. To Shelve Any Increase In Taxation

Progress : On 2nd August 2021, the Chamber wrote to the Ministry of Finance and Inland Revenue Board of Malaysia to urge the Government to shelve any increase in taxation.

The Chamber also submitted this resolution to the 75th AGM of ACCCIM.

9. To Review And Gradually Reduce Company Income Tax Rate

Progress : On 2nd August 2021, the Chamber wrote to the Ministry of Finance to urge the Government to review and gradually reduce company income tax rate.


10. To Provide Incentive To Companies For Implementing Transformation

Progress : On 2nd August 2021, the Chamber wrote to the Ministry of Finance and Malaysian Investment Development Authority to urge the Government to provide incentive to companies for implementing transformation.

On 20th October 2021, Malaysian Investment Development Authority replied that it is intensifying the promotion of its Automation Capital Allowance incentive to encourage quick adoption of automation specifically for labour-intensive industries in the manufacturing sector as well as to enhance productivity and efficiency within the sector.

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11. To Waive Or Give 50% Discount For All Business Permits, Licenses And Assessment For 2021

Progress : On 2nd August 2021, the Chamber wrote to the Ministry of Federal Territories, Ministry of Domestic Trade & Consumer Affairs, Ministry of Entrepreneur Development & Cooperatives, Chief Minister of Selangor and Mayor of Kuala Lumpur to urge the Government to waive or give 50% discount for all business permits, licenses and assessment for 2021.


On 10th November 2021, the Office of the Minister of Federal

Territories extended the letter of the Chamber for the further attention and consideration of Mayor of Kuala Lumpur, subject to the terms and procedures set.

12. The Removal Of The Condition Of Only SME To Qualify For Tax Relief On Rental Deduction Be Retrospective To March 2020 And The Tax Rebate Be Given Instead Of Tax Relief

Progress : On 2nd August 2021, the Chamber wrote to the Ministry of Finance to appeal that the removal of the condition of only SME to qualify for tax relief on rental deduction be retrospective to March 2020 and the tax rebate be given instead of tax relief.


13. To Continue Providing Tax Exemption On Joss Sticks (Incense)

Progress : On 2nd August 2021, the Chamber wrote to the Royal Malaysian Custom Department and Ministry of International Trade & Industry to urge the Government to continue providing tax exemption on joss sticks (incense).

On 20th September 2021, the Royal Malaysian Custom Department

replied that joss sticks (incense) are classified under tariff code 3307.41.90 00, import duty 0% and sales tax 0%.

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14. To Defer The Expansion Of Additional Business Sectors Required To Contribute To The HRDF, To Suspend Levy Contribution For All Including Existing Contributors, And To Provide Double Tax Deduction On Training Related Expenditures

Progress : On 2nd August 2021, the Chamber wrote to the Ministry of Human Resources and Human Resources Development Fund to urge the Government to defer the expansion of additional business sectors required to contribute to the Human Resources Development Fund (HRDF) and to suspend levy contribution for all including existing contributors until the economy has recovered, besides providing double tax deduction on training related expenditures.


15. To Provide More Incentives For SMEs To Retain Talents And Employees

Progress : On 2nd August 2021, the Chamber wrote to the Ministry of Entrepreneur Development & Cooperatives, Ministry of Human Resources, Human Resources Development Fund and SME Corporation Malaysia to urge the Government to provide more incentives for SMEs to retain talents and employees.


16. To Accelerate The Development Of Practical Courses Of STEM, And To Improve Mathematics As Top Priority In Local Education System

Progress : On 2nd August 2021, the Chamber wrote to the Ministry of Education

to urge the Government to accelerate the development of practical courses of Science, Technology, Engineering, and Mathematics (STEM), and to improve Mathematics as top priority in local education system, so as to enhance human capital development and cultivate talents.


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17. To Attract More Engineering Talents To Malaysia And Speed Up The Immigration Process For Local Companies To Hire Engineering Talents

Progress : On 2nd August 2021, the Chamber wrote to the Ministry of

International Trade & Industry, Ministry of Home Affairs and Economic Planning Unit to urge the Government to attract more engineering talents to Malaysia and speed up the immigration process for local companies to hire engineering talents.

On 1st December 2021, the Ministry of Home Affairs replied that

applications submitted through ESD Online to hire expatriates will be processed within 5 working days, subject to submission of complete documents and based on the current terms and conditions and policies.

18. To Allocate Fund For Chinese Independent Schools And Non-Profit Private Universities And Colleges

Progress : On 2nd August 2021, the Chamber wrote to the Ministry of Finance

and Ministry of Education to urge the Government to allocate fund for Chinese independent schools and non-profit private universities and colleges.

According to the National Budget 2022, for 2022, a total of RM120

million will be provided for the benefit of 1,800 National-Chinese Schools as well as National-Tamil Schools.

19. To Review The Contents Of History Textbooks Of Secondary School And Make Appropriate Corrections To The Biased Content

Progress : On 2nd August 2021, the Chamber wrote to the Ministry of Education

to urge the Government to review the contents of history textbooks of secondary school and make appropriate corrections to the biased content.

The Chamber also submitted this resolution to the 75th AGM of

ACCCIM.

20. To Provide Tax Incentives And Deductions To Companies Participating In PLIP


and Ministry of National Unity to urge the Government to provide tax incentives and deductions to companies which are participating in Program Latihan Industri Perpaduan (PLIP).

The Chamber also submitted this resolution to the 75th AGM of

ACCCIM.

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21. To Provide More Funds For Promoting National Unity Activities, And To Encourage PLCs To Include Unity Programmes In CSR


and Ministry of National Unity to urge the Government to provide more funds for promoting national unity activities, and to encourage PLCs to include unity programmes in Corporate Social Responsibility (CSR).

On 28th November 2021, Prime Minister YAB Dato’ Sri Ismail Sabri

bin Yaakob called upon the cooperation of all parties including government agencies, the private sector and non-governmental organisations (NGOs) to be the driver and implementation agency of the National Unity Action Plan 2021-2030.

22. To Subsidise The Welfare And Charitable Organisations Effectively, To Allocate Funds For Promoting Charitable Activities

Progress : On 2nd August 2021, the Chamber wrote to the Ministry of Women,

Family & Community Development and Ministry of Finance to urge the Government to subsidise the welfare and charitable organisations effectively, to allocate funds for promoting charitable activities.

According to the National Budget 2022, a total of RM2.4 billion will be

provided for the distribution of welfare assistance to benefit more than 440,000 households in need.

23. To Promote People’s Awareness Of Cyber Security So As To Deter Cybercrimes

Progress : On 2nd August 2021, the Chamber wrote to the Ministry of

Communications & Multimedia, National Cyber Security Committee, Bank Negara Malaysia, Securities Commission Malaysia and Police Cyber Investigation Response Centre to urge the Government to promote people’s awareness of cyber security so as to deter cybercrimes.

In line with the cybercrime awareness campaign launched by the

police in early November 2021, the Chamber held a webinar on “Scam Prevention” on 30th November 2021 to help promote and enhance the public’s awareness of fraudulent tactics and to improve social awareness of prevention.

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As at 31st December 2021, the total membership of the Chamber is 2,835, consisting of 82 Trade Association Members, 2,398 Corporate Members, 201 Individual Members and 154 Associate Members. There are 5 Eminent Members, 2,160 Life Members and 670 Ordinary Members amongst

the total of 2,835 members. Whereas the Life membership consists of 70 Trade

Association Members, 1,850 Corporate Members, 142 Individual Members and 98

Associate Members.

Category 1/1/2021 Joined in 2021

Sub Total

Withdrawal in 2021

Membership as at 31/12/2021 Total

Ordinary Life Eminent

Trade Association

81 1 82 0 12 70 - 82

Corporate 2,363 68 2,431 33 545 1,850 3 2,398

Individual 207 6 213 12 58 142 1 201

Associate 153 8 161 7 55 98 1 154

Total 2,804 83 2,887 52 670 2,160 5 2,835

The Chamber amended its Constitution on 16th January 2010 to include additional

category of membership, i.e. “Eminent Membership”. This category of membership is by

invitation from the Council. After the amended constitution approved by the Registrar of

Societies Malaysia in 2017, the annual subscription for the six types of Eminent

membership shall be as follows:

Type A – RM200,000 Type B – RM100,000 Type C – RM50,000 Type D – RM 20,000 Type E – RM 10,000 Type F – RM 5,000 As at 31st December 2021, there are 5 Eminent Members as follows:

Eminent Member - Type C

No. Company Representative

1. Sunsuria Berhad Tan Sri Datuk Ter Leong Yap

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Eminent Member – Type D

No. Company / Individual Representative

1. Parkson Holdings Berhad Tan Sri Datuk Seri Utama William Cheng

2. Tomei Signature Sdn. Bhd. Datuk Ng Yih Pyng

3. Bank Of China (M) Bhd. Mr. Zhang Min

Eminent Member - Type E

No. Company / Individual Representative

1. Mr. Michael Chai Woon Chew

KLSCCCI Member’s Analysis The total membership of the Chamber is 2,835 (excluded 82 Trade Association Member)

will divide by following line of business, such as Manufacturer, Trade / Import / Export,

Wholesale / Retail, Service, Construction / Property / Building Material and Others.

No. Line of Business Percentage (%) Total Members

1. Manufacturer 14.89% 422

2. Trade / Import / Export 24.97% 708

3. Wholesale / Retail 11.71% 332

4. Service* 29.98% 850

5. Construction / Property / Building Material 12.59% 357

6. Others 18.55% 526

*Included Legal, Accountant, IT, Finance, Investment, Logistics, Tourism, Advertisement, etc. Remark: The Line of Business for members may overlap

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Due to the COVID-19 pandemic and Movement Control Order (MCO) enforced by the

Government, the Chamber convened meetings though both online and offline methods in

year 2021. The types and frequency of meetings convened by KLSCCCI from 1st January

to 31st December 2021 were as follows:

No. Type Frequency

Physical Hybrid Online

1. Annual General Meeting 0 0 1

2. Council Meeting 0 2 5

3. Re-election Meeting of office bearers 0 0 1

4. General Affairs Committee Meeting 0 2 8

5. Financial Planning Committee Meeting 0 0 2

6. International Trade & Industry Committee 0 0 3

7. Commerce Committee Meeting 0 0 3

8. Legal Committee Meeting 1 0 1

9. Human Resource Development Committee Meeting 0 0 2

10. Environmental, Social and Governance Committee Meeting 0 0 2

11. Construction, Property & Infrastructure Committee Meeting 1 1 0

12. Finance & Capital Market Committee Meeting 0 0 1

13. Tourism Industry Committee Meeting 1 0 1

14. Agriculture & Primary Industries Committee Meeting 0 0 3

15. Small & Medium Enterprises & Human Resource Development

Committee Meeting

0 0 2

16. Small & Medium Enterprises Committee Meeting 0 0 3

17. Digital Economy Committee Meeting 0 0 4

18. Women Entrepreneurs Committee Meeting 0 0 1

19. Malaysia-China Economic, Trade and Investment Promotion

Committee Meeting

0 0 3

20. National Unity Committee Meeting 0 0 4

21. Culture & Education Committee Meeting 0 0 4

22. Welfare Committee Meeting 0 0 5

23. Young Entrepreneurs Committee Meeting 2 1 2

24. Branding Strategic & Membership Drive Committee Meeting 0 0 2

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25. Sustainability Committee Meeting 0 0 1

26. Election Committee Meeting 0 0 6

27. Resolution Committee Meeting 0 0 1

28. 118th Anniversary Dinner Committee Meeting 0 0 1

29. KLSCCCI’s Bulletin Editorial Committee Meeting 0 0 1

30. “Special Publication of Outstanding Entrepreneurs 2.0 – A

Heritage of Wisdom” Organising Committee Meeting

1 0 2

31. University / College Scholarship Fund Management Committee

Meeting

0 0 1

32. 16th Mahua Literature Award Organising Committee Meeting 0 0 2

33. 16th Mahua Literature Award Judge Meeting 0 0 1

34. 2021 – 2022 Annual General Meeting of WCC MC 0 0 1

35. 2021 – 2022 Management Committee Meeting of WCC MC 0 0 7

36. ISO : 9001 : 2015 Management Review Meeting 0 0 1

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Berita KLSCCCI The monthly Berita KLSCCCI is published once every month. As at 31st December 2021, Berita KLSCCCI has been published until the 402nd issue. At the same time, KLSCCCI also held the Launching Ceremony for the 401st issue as Revamped edition of KLSCCCI e-Bulletin on 24th November 2021. There are 4 main categories and 9 columns in the Revamped edition of KLSCCCI e-Bulletin.

43


The Associated Chinese Chambers of Commerce and Industry of Malaysia (ACCCIM)

conducted its 75th Annual General Meeting (AGM) virtually via Zoom Webinar on 24th July

2021 (Saturday). The meeting unanimously passed a total of 39 motions, of which 16 were

tabled by KLSCCCI on its own or jointly with fellow chamber(s) from other state(s). The

motions were as follows:

A. NATIONAL SOCIO-ECONOMY 4. Motion: The AGM urges the Government to increase charitable subsidies to

promote philanthropy. 7. Motion: The AGM urges the Government to increase allocation in support of

national unity activities, and encourage Public Listed Companies to integrate national unity as part of their environmental, social and governance (ESG). At the same time, the Government should provide tax incentives and rebates to companies participated in the Unity Internship Programme.

B. COMMERCE, INDUSTRY AND AGRICULTURE DEVELOPMENT 10. Motion: The AGM urges the Government to continue providing financial aids, for

instance, incentives used to intensify digital economy and Industry 4.0 publicity and promotion. The Government also needs to expedite the approval for skills assessments so that businesses can accelerate the adoption of Industry 4.0 and digital transformation.

11. Motion: The AGM urges all the local Governments to apply floor area ratio in the

housing development projects and mixed development projects instead of allowable density.

12. Motion: The AGM urges all local Governments to adopt the concept of 400-meter

radius for Transport-Oriented Developments (TODs) and 800-meter radius for Transport-Adjacent Developments (TADs).

14. Motion: The AGM calls on the Government to adopt more aggressive strategies in

developing local agricultural industry. (a) To urge the Government to promote domestic production of fruit and

vegetables so as to cope with the domestic demand, to expand export market as well as to reduce dependence on imported produces, and to increase sales platforms;

44

(b) To urge the Ministry of Agriculture to actively promote modern agriculture, as well as to provide more incentives and subsidies for farmers and agricultural entrepreneurs;

(c) To urge the Government to open more arable wasteland for the

people to apply. Meanwhile, the Government to encourage people to develop these lands and ultimately, increase wasteland usage as well as the production of agricultural produces; and

(d) To urge the State Governments to lease agricultural land to the

farmers at a favourable rentals, so as to increase agricultural produces and farmers’ income.

C. TAXATION 15. Motion: The AGM urges the Government to not to introduce any new additional

taxes for the time being, and at the same time, to lower corporate and personal income tax rates:

(a) To review corporate income tax: i. To lower corporate income tax to 22% from 24% in YA 2021 and

further reduction to 20% for YA 2022; ii. To lower corporate income tax to 15% from 17% for SMEs in YA

2021; iii. To provide tax rebate of 25% on corporate income tax payable

up to RM30,000 for YA 2020-2021; and (b) To provide tax holiday for tax payers with taxable income of below

RM100,000 to RM150,000; or, to lower personal income tax and widen the tax band.

17. Motion: The AGM calls on the Government to consider exempting charges on all

business permits, licenses, as well as assessment rates and quit rent in 2021. It is suggested for any paid charges to be carried forward for offset against future chargeable charges until it is fully utilised, in order to alleviate financial burden of industry players.

20. Motion: The AGM urges the Government to expand Automation Capital Allowance

to other sectors such as the services sector. 21. Motion: The AGM calls on the Government to allow only small and medium-sized

enterprises (SMEs) to be eligible for special tax deduction for rental reduction, dates back to April 2020.

24. Motion: The AGM urges the Government to continue offering tax exemptions for

incense sticks and to classify incense sticks under Harmonised System (HS) codes system for importation.

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D. HUMAN RESOURCE DEVELOPMENT 26. Motion: The AGM urges the Government to relax laws governing the hiring of

foreign workers, as well as to examine and develop a long-term foreign worker policy via:

(a) To simplify and expedite the application approval process for foreign

workers. (b) To adopt an open approach for certain critical sectors that require

foreign labour, to apply for foreign labour quota approval, so as to address the labour shortages and subsequently, improve export competitiveness.

(c) The Federal Government and State Governments should work

together in handling illegal foreign workers issues in a proactive manner.

(d) To extend Rehiring Programme to regularise illegal foreign worker,

thus alleviate the severe labour shortages existing in various sectors. (e) To establish a one-stop service counter to expedite the application

process for the admission of foreign workers. 30. Motion: The AGM urges the Government to temporarily suspend the expansion of

the categories of employers required to pay a levy to the Human Resources Development Fund (HRDF), as well as to apply such exemption to employers who have registered with HRDF.

31. Motion: The AGM urges the Government to promote proactively STEM (Science,

Technology, Engineering and Mathematics) courses, and make Mathematics subject a primary priority in the local education system, so as to cultivate skills workforce and increase job competitiveness. At the same time, the Government should encourage more students to enrol engineering technology courses, in order to nurture more technical talent for Industry 4.0.

32. Motion: Education is the foundation of the country’s regeneration. The AGM urges

the Government to allocate fund and hardware facilities for independent secondary schools as well as private non-profit-making educational institution, so as to support the development of Malaysia’s education system and to foster the pillars of the country, irrespective of race.

E. LOGISTICS AND TRANSPORTATION, TELECOMMUNICATION, TOURISM

36. Motion: The AGM urges the Government to carry out Cyber Safety Awareness for

Everyone (Cyber SAFE) measures so as to increase public awareness on cyber security, to establish the concept of cooperative cyber security maintenance, and ultimately, to reduce cybercrime.

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Date Visiting Guest / Delegation Received By

09/03/2021

Zoom Meeting with High Commission

of the Republic of Kenya and Kenya

National Chamber of Commerce and

Industry

Deputy President, Mr. Michael

Chai Woon Chew and Council

Members

13/08/2021 Online Interaction with The Western

Australian Chinese Chamber of

Commerce (WACCC)

President, Datuk Ng Yih Pyng,

Council Members and Member of

Working Committee

13/08/2021 Courtesy Call by Selangor Information

Technology and Digital Economy

Corporation (SIDEC)

President, Datuk Ng Yih Pyng,

Council Members and Members

of Working Committee

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Urgent Plea to YB Menteri Besar of Selangor to Lift District Level Lockdowns and Adopt Targeted Building-by-Building Lockdowns

The Chinese Chamber of Commerce and Industry of Kuala Lumpur and Selangor (KLSCCCI) is deeply concerned about the debilitating impact of the Enhanced Movement Control Order (EMCO) on the lives and livelihood of the people in Selangor. Our members’ feedback from a different size of business indicated that they are in dire straits and teetering on the brink of bankruptcies and closure. (a) Micro enterprises, SMEs and workers in the gig industry are suffering after enduring

more than 17 months of various degree of MCO.

(b) KLSCCCI’s survey of business prospects and its member, Malaysia Retail Chain Association (MRCA) have indicated highly pessimistic business condition. The MRCA survey conducted in June 2021 showed that 97% of the retail operators have 4.5 months of cash flow left. By now, they will have only around 3 months of cash flow to last.

Besides the elevated concerns raised by domestic business chambers and business groups, foreign chambers such as Germany, Dutch and Japanese also expressed their apprehensions and have warned the possibilities of some multi-national corporations leaving our country. We are deeply concerned that if the state government continues with the extension of Phase 1 and EMCO lockdowns after 16th July, the economic devastation will be even deeper, long lasting and more damaging as many businesses are unable to survive through a prolonged period of lockdown.

KLSCCCI’s Outline of Approaches and Measures to Ease Economic and Business Pains

The Chamber believe that there are better, more effective and less damaging approaches that both the state government and businesses can work together to resuscitate the state’s economy. 1. Kuala Lumpur Building-by-Building Lockdown Under the EMCO, only buildings affected by the COVID-19 in Kuala Lumpur

were locked down, whereas lockdowns in Selangor were based on the affected districts, ineffectually covering almost the entire state.

Kuala Lumpur's targeted approach saw efficient management of infections

allowing lives and businesses to resume quickly.

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We, therefore appeal to YB Menteri Besar to immediately lift a district-wide lockdown and adopt a targeted approach of identifying and imposing EMCO on affected buildings instead.

2. Effectiveness of Mass Testing is a Crucial Strategy Mass testing is a necessary component of a successful strategy against the

COVID-19. Hence, it is inevitable that more cases can be identified with more mass tests relative to other states that do not undertake mass testing.

Nevertheless, taking into account this differing approach for a level-playing

field comparison, we cannot rely solely on the number of infections to implement strict containment measures. Kuala Lumpur’s targeted approach of locking down buildings proved to be far more effective and less disruptive to businesses. This is indeed a win-win approach.

3. Manufacturing and Retail Contribute Merely 9.7% and 0.8% of Cases Data from the Ministry of Health has shown that 69% of cases are sporadic,

stemming from within the community. Main economic activities, such as manufacturing and retail, including shopping

malls and standalone shops, respectively contributed a mere 9.7% and 0.8% of total infection cases in May 2021, even before the current EMCO was imposed.

These low levels of infections are due to stringent adherence to the SOPs by

the manufacturing industries, retail sectors and shopping malls. Hence, it is an unfair approach of implementing lockdown across-the-board as the sledgehammer approach of a district-wide lockdown penalises sectors that have diligently implemented and adhered to the SOP.

Thus, it is justifiable to lift the lockdown immediately to help businesses from

sinking deeper into financial difficulties after enduring losses for the past 17 months. Longer lockdowns will further minimise the chances of businesses’ survival.

4. Fallacy of Classifying Essential VS Non-Essential It is a fallacy to identify any economic activities as essential and non-essential

as businesses and products are inter-related and integrated via the supply chains. The fact that a business is producing products and services to meet demands testify that the product and/or service is essential. Hence, all economic activities are deemed essential and should be allowed to operate, provided that they strictly comply with the SOPs, social distancing, wearing of masks and temperature testing.

We propose to adopt a negative list to smoothen and ease the time of

approval process. The positive list is proved to be an ineffective approach as it is impossible to have a comprehensive list of all activities. Negative List contains activities that cannot comply with the fundamental SOPs of social distancing, wearing of masks and temperature testing.

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5. Restrategise to Manage Endemic Situation With 69% of the cases are sporadic and spreading in the community means

that the virus is endemic. Thus, we need to rethink our virus containment strategy and manage the pandemic from an endemic perspective instead.

In addition, as most infections are asymptomatic, makes it harder to trace,

control and break the chains of infections. Furthermore, a person who was tested negative can become positive the very next day.

6. Vaccination the Ultimate Solution Speeding up the vaccination of masses to achieve herd immunity is the

ultimate solution. Selangor has to mobilise all public and private resources immediately to ramp up and accelerate the vaccination program.

With 18 million doses of vaccines are due to be delivered in July, we urge

Selangor Government to firmly demand a fair share of the vaccines allocation that is proportionate to the state’s population. This request is strongly justifiable as Selangor is the economic and manufacturing powerhouse of the nation, contributing to 24.3 % of Malaysia’s GDP in 2020.

It is imperative that the people of Selangor be vaccinated as soon as possible

so that the state’s economic and business activities can resume to normalcy, minimising the disruptions on national GDP. The full resumption of economic and business activities helps to ease rakyat’s financial pain, reduce unemployment, and improve income.

The Chamber respectfully seek an urgent meeting with YB Menteri Besar on an extremely urgent basis to further explain and articulate our proposed approaches and measures as mentioned above for further clarity and understanding of the current dire situation.

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Invitation by UOBM to KLSCCCI for Continuing to Support

The FinLab Jom Transform Programme as Supporting Organisation

In April 2021 UOBM invited KLSCCCI to continue supporting The FinLab Jom Transform

Programme as one of the Supporting Organisations. After discussion, the Committee

unanimously accepted the invitation for continuing to support The FinLab Jom Transform

Programme and allowed the use of KLSCCCI’s logo for publicity and promotion of the said

programme.

Collaboration with Shopee

In order to alleviate the impact to SMEs due to the COVID-19 pandemic, the Chamber

opined that businesses may expand their market through e-commerce platform in B2C

model. In this regard, the Chamber has reached out and had a few discussions with

Shopee. The Chamber mainly provides the platform to assist members to explore how to

expand their businesses by joining the e-commerce platform. Both parties have reached

consensus that Shopee will send out invitation to the Chamber while the Chamber will

circulate relevant information to members, members who are interested in newly joining

Shopee will be entitled to participate free-of-charge in series of webinars to learn on

starting e-business.

KLSCCCI and Shopee signed the collaboration proposal in May 2021. Subsequently,

Shopee will provide relevant information on the online training course for the e-commerce

platform, so that the Chamber could invite our members to take part in the online training

course and promote their businesses by joining the e-commerce platform.

Restructuring of the KLSCCCI Secretariat Structure

The Brainstorming Workshop of Council Members proposed for restructuring of the

Secretariat of the Chamber. After due deliberations, the KLSCCCI Secretariat structure

under the Executive Director and the Deputy Executive Director will establish 3

departments and department heads: Operation Department (Account & Admin): Mdm.

Ler Hui Hwa; Meeting／Event Project Department: Ms. Koay Chia Beng; and Mass

Communication and Branding Department: Mr. Koh Kok Soo.

The 3rd Council Meeting (29-9-2021) unanimously approved the re-organised KLSCCCI

Secretariat structure and staff assignment.

Newsletter of KLSCCCI

KLSCCCI has started to adopt the weekly newsletter method to compile and disseminate

information on upcoming activities and other related information to all members and

Council Members since July 2021, in order to avoid sending them redundant e-mails on

activity notices and promote the effectiveness in activity publicity of Working Committees.

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Verification of The Chamber’s ISO 9001:2015 Quality Management System for 2021

Regarding the Chamber’s ISO 9001:2015 verification for 2021, the Management Review

Meeting was held on 21st October 2021 (Thursday) 12.15 p.m. via Zoom Meeting. The

External Audit by BM Trada was conducted at KLSCCCI’s Meeting Rooms on 19th

November 2021 (Friday). For year 2021, there were no major non-conformance identified.

Memorandum of Understanding (MOU) Signing Ceremony between KLSCCCI and Xiamen University Malaysia (XMUM)

The MOU signing ceremony between KLSCCCI and XMUM was held on 24th November 2021 (Wednesday) 2.00 p.m. through Zoom. KLSCCCI was represented by the President, Datuk Ng Yih Pyng and Vice President, Dato’ Liaw Choon Liang; while XMUM was represented by the XMUM Principal, Dr. Wang Ruifang and Dr. Tee Keng Kok, Director of MBA Centre, XMUM in the MOU signing ceremony.

Launching for Revamped Edition of KLSCCCI Bulletin

The launching for revamped edition of KLSCCCI Bulletin was held on 24th November

2021 (Wednesday) 3:30 p.m. at KLSCCCI’s Seng Peng Hall. The Honorary Secretary

General cum Editor-in-Chief, Mr. Foo Kooi Siong and the President, Datuk Ng Yih Pyng

were invited to deliver speech and for officiating the launching ceremony respectively.

KLSCCCI Online Activity Series of 2021

Due to the impact of the pandemic, KLSCCCI continued in planning and organising of various online activities. As at 31st December 2021, KLSCCCI has organised / jointly organised 33 Online Activity Series (23 Webinars, 9 Virtual Business Opportunities Networking Session, VBON and 1 Virtual Business Matching).

Follow Up on Land Allocation by the Selangor State Government Pertaining to the land in Kundang allocated to the Chamber by the previous Selangor State

Government, the Chamber continued to follow up in year 2021. With assistance from the

office of Selangor State Exco, YB Tuan Ng Sze Han (Local Government, Public Transport

and New Village Development), a discussion meeting between KLSCCCI representatives

with the Gombak Land Office officers was arranged on 9th April 2021 (Friday) 3.30 pm at

YB’s office.

The Chamber was represented by Vice President, Dato’ Tan Tian Meng; Deputy Secretary

General-II, Mr. Tan Kar Peng; and Executive Director, Mdm. Ho Soo Fong.

Due to FMCO, the Gombak Land Office officers informed that site visit could only be

arranged when the FMCO has been lifted. A site visit by the KLSCCCI representative

together with the Gombak Land Office officers was arranged on 2nd November 2021.

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Building Management Report Wisma Chinese Chamber Management Corporation held its 11th Annual General Meeting on 7th October 2021 (Thursday) at 3.00 p.m. via Zoom teleconferencing. Council Members representing the respective floors of Wisma Chinese Chamber owned by KLSCCCI at the AGM were as follows: Mr. Chong Jee Min (B1, B2, B3), Tan Sri Dato’ Teo Chiang Kok (Ground Floor), Mr. Foo Kooi Siong (1st Floor) and Mr. Tan Kar Peng (7th Floor). The meeting elected three Committee Members of the Wisma Chinese Chamber Management Corporation, namely, Tan Sri Dato’ Teo Chiang Kok (Ground Floor), Mr. Gan Boon Khim (6th Floor) and Mr. Tan Kar Peng (7th Floor). The Management Corporation continued to appoint KLSCCCI to manage Wisma Chinese Chamber on the same terms and conditions. Wisma Chinese Chamber comprises eight office floors and 3 basement levels for car park. The Chamber owns three floors and 3 levels of basement car park. The Secretariat is located on the 7th floor, while the other two floors were rented out as office space. Apart from the Secretariat, the Chamber has a hall and a seminar room. Most of the Chamber’s activities are held in the Wisma Chinese Chamber and the Chamber also offers its facilities for rent by members and the public. The newly renovated Seng Peng Hall located at the Ground Floor occupies a floor area of 4,942 square feet and is fully equipped, ideal for holding large scale seminars, investment promotion activities and trade exhibitions. The Seminar Room is located on the 1st floor. It is spacious and occupies a floor area of 4,063 square feet.

Floors Owned by KLSCCCI at Wisma Chinese Chamber

Floor Area (sq. ft.) Use Tenant

7th Floor 9,592 Secretariat −

7th Floor 2,780 Office Guidestone Consultancy S/B

7th Floor 2,179 Office Probid Resources S/B

1st Floor 3,720 Office −

1st Floor 2,196 Office HBL (M) S/B

1st Floor 3,294 Office −

G. Floor 1,490 Display / Office MagnumTop International S/B

The basement car park has a total of 171 parking bays which are open for parking by owners, tenants and staffs of the respective units. Parking tickets consists of special season car park, normal season car park, hourly and per entry charges for seminars or designated functions.

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KLSCCCI Gallery

List of Visitors of KLSCCCI Gallery in 2021

Date Visitors Related Activities Remark

1 9-11-2021 Datuk Mohd Nizom Sairi, Chief

Executive Officer of Inland Revenue

Board and officers of LHDN

- Received by

ACCCIM

2 26-11-2021 Mr. Tang Rui, Deputy Chief of

Mission of the Embassy of the

People’s Republic of China in

Malaysia; Mr. Wang Nan, Attaché

(Chief of General Office); Mr. Guo

Lei, Secretary

- Received by

ACCCIM

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Establish International Trade and Industry Committee The Council unanimously approved to establish International Trade and Industry Committee (formerly known as Industry Committee) during Re-Election Meeting on 1st July 2021 (Thursday). The Terms of Reference of International Trade & Industry Committee are as follows: (A) To promote the economic development of KLSCCCI members Internationally and

Domestically through trade and industry.

(B) The Committee will focus on the following objectives:

(i) To engage and involve KLSCCCI members in domestic and international trade

and investment organise by MITI, MIDA (Invest Selangor & Invest KL),

MATRADE, Ministry of Domestic Trade & Consumer Affairs and other related

ministries and agencies. (trade promotion and government policy)

(ii) To develop the industry to be innovative in designing high value added products

and services in all sectors, to compete through the adoption of Industry 4.0.

(technology and market)

(iii) Conduct surveys and obtain feedbacks on issues affecting the growth and

development of industry and put up positive, practical proposals to the relevant

authorities to resolve problems encountered. (socio economic market research)

Activities to achieve the above objectives:

a. Collaborate with other relevant committees, government agencies, trade and industry

organizations and individuals if needed;

b. Conduct or participate in BON, talks, seminars, training courses, workshops etc. for

our members;

c. Arrange visits to factories, institutions, organization, trade fairs, exhibition, both in

Malaysia and overseas to learn and understand new technology, products etc.;

d. To collect, collate, store, retrieve, disseminate and use all relevant information

through website, social media, and publication for the benefits of members;

e. Promote and Practise ESG (Environmental, Social and Governance), Universal

Values & Good Work Ethics, together with health and safety measures among SMEs

and all concerned;

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f. Encourage camaraderie and cooperation among members via social and business

opportunities networking sessions besides official meetings and other activities.

KLSCCCI Virtual Business Opportunity Networking (VBON) Session Series

International Trade and Industry (ITI) Committee and Small & Medium Enterprises (SMEs)

Committee jointly organised KLSCCCI Virtual Business Opportunity Networking (VBON)

Session Series via Zoom Meeting in order to provide a platform and business opportunities

for members of KLSCCCI to benefit from it.

As of 31st December 2021, details of VBON are as follows:

No. Virtual Activity Date & Time No. of

Participants

No. of

Presenters

1. KLSCCCI Virtual Business Opportunity Networking (VBON) Session Series #3

3rd February 2021 (Wednesday),

4.00 p.m.

54 persons 15 companies


19th March 2021 (Friday), 2.30 p.m.



20th April 2021 (Tuesday), 3.30 p.m.



18th May 2021 (Tuesday), 3.30p.m.



15th September 2021 (Wednesday),

3.30 p.m.



13th October 2021 (Wednesday),

3.30 p.m.



17th November 2021 (Wednesday),

3.30 p.m.


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Webinar on “RCEP: From ASEAN and Beyond – How will your business benefit from it?”

The Regional Comprehensive Economic Partnership Agreement (RCEP) was signed on 15th November 2020 by 10 ASEAN countries and 5 regional partners, namely China, Japan, South Korea, Australia and New Zealand. It is the world's largest free trade agreement, covering a market of 2.2 billion people, accounting for about one-third of the world's population. In order for businesses to have a further understanding about RCEP and how entrepreneurs could prepare themselves embracing it, Commerce Committee of KLSCCCI organised a webinar, namely “RCEP: From ASEAN and Beyond – How will your business benefit from it?” on 21st September 2021. The webinar was broadcasted live through KLSCCCI Facebook page. Datuk Ng Yih Pyng, President of KLSCCCI in his opening remarks highlighted that Malaysia as a highly trade-dependent nation, has always subscribed to progressive trade liberalisation. Malaysia’s access to a wider RCEP market presents significant trading and investment opportunities. The webinar is conducted in English and invited Mr Teoh Kok Lin, Founder and Chief Investment Officer of Singular Asset Management Sdn Bhd. ; Mr Lennard Yong, Group CEO of Tricor Group and Mr Edmund Sim, Partner of Appleton Luff as speakers while Mr. Michael Chai, Deputy President of KLSCCCI was the moderator.

Webinar on “TikTok – The Trending Platform for Your Business”

Nowadays, many people look for information and discover new products and brands through social media. Social media marketing is not only a new way of advertising, it can attract more potential customers, allowing the brand to reach new and fresh engagements. TikTok is one of the rising social media platforms for these past few years and its user base has continued to increase during the pandemic. In this regard, the Commerce Committee of KLSCCCI organised a webinar on "TikTok – The Trending Platform for Your Business" on 18th November 2021 at 3.00 p.m. via Zoom Webinar. The webinar aimed to guide audiences to understand TikTok and learn how to increase brand awareness and sales with the platform. Ms. Mia Ong, Country Manager of Hepmil Creators’ Network (HCN) & MGAG Media was invited as speaker to share on how to start using the platform to promote their businesses with some TikTok videos of renowned brands as examples and sharing tips for effectively operating and maintaining the accounts. Besides, the Director of Emusic Group Mr. Caleb Ch’ng were also invited to share his experience and testimonial on using TikTok.

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Networking with Trade Association Members In order to promote the interaction, mutual understanding and learning between Chamber and trade association members, the Committee organised the first networking with trade association members on 14th December 2021 (Tuesday) at 3.00 p.m at Malaysian Retail Chain Association. The trade associations attended the networking session were Malaysian Retail Chain Association, Malaysia Steel and Metal Distributors’ Association and Building Materials Distributors Association of Malaysia. The President, Datuk Ng Yih Pyng together with Honorary Treasurer, Datuk Wira Lim Chiun Cheong, Deputy Honorary Secretary General I, Mr. Tan Kar Peng, Deputy Honorary Secretary General II, Datuk Albert Chiang and Deputy Chairperson of the Committee, Ms. Ng Yee Kim participated in the networking as representatives of KLSCCCI.

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Provision of Legal Services

The Committee continued to provide legal services during 2021 which included the

following:

(1) Assisting the Election Committee on matters pertaining to the online AGM and

Election of Council Members of KLSCCCI for Year 2021-2024, and Re-Election of

Office Bearers, and rendering legal opinion on related matters.

(2) Handling renewal of tenancy agreement for existing tenants and tenant related

matters.

(3) Rendering legal opinion on matters relating to the Chamber and recovery process of

outstanding charges by former tenant.

(4) Assisting the Chamber to vet through documents of external parties, in signing of

the related memorandum of understanding or agreements, etc.; and providing

relevant legal opinion.

(5) Rendering legal advice to Secretariat members and various working committees, on

matters pertaining to administrative procedures of the Chamber’s Secretariat,

including on credit risk and AMLA (Anti Money Laundering Act) screening of new

membership applications and special cases on membership administration, etc.

(6) Assisting the Chamber to vet through the Touch & Go Parking Service Provider

Agreement of the new parking fees collection system and rendering legal opinion on

matters relating to Carpark Management Responsibility.

(7) Regarding the License Agreement on the Use of ACCCIM Trade Marks, assisting

the Chamber to vet through the License agreement and providing relevant legal

opinion.

(8) Assisting the Chamber to vet through the Trader’s Supplier’s Letter of Declaration

template for Certificate of Origin (C.O.) Yearly documents of C.O. endorsement

services and providing relevant legal opinion.

(9) Rendering legal opinion on matters relating to the Wisma Chinese Chamber

Management Corporation (WCC MC) and vetting and advising on the various

agreement and letters pertaining to the management committee of Wisma Chinese

Chamber Management Corporation (WCCMC), etc.

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(10) Providing relevant legal opinion to Wisma Chinese Chamber Management

Corporation (WCC MC) on matters regarding proprietors of the building and

continue to cooperate with the Legal firm in charge on recovery of charges in

accordance to the Strata Management Act 2013. Eventually, the new purchasers

have fully settled the outstanding sums due and the sale and purchase transaction

between the Vendor and Purchaser was completed on 2nd November 2021.

(11) Following the Brainstorming Workshop of the new term Council Members, the

Council has suggested to look into Constitution Amendment for revising the

membership subscription. The Legal Committee held preliminary discussion and

appointed Committee member to draft out the proposed Constitution Amendment.

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In conjunction with the new term of office bearer formed and in response to the needs of the Chamber, the Human Resources Development Committee was formed separately. After discussion, the Committee formulated four working directions, namely government policy, vocational education (TVET), seminar and talk, and collaboration with universities and colleges. The terms of reference of Human Resources Development Committee are as follows: - To identify and study various policies and issues related to human resources, and their

impact on industrial and commercial development including the implementation of government policies, acts and regulations. To propose measures and take appropriate action in resolving problems encountered relating to human resources policies and issues.

- To increase and upgrade workers in technical and vocational fields through

government or private sector training institutions. - To identify issues and problems related to human resources development, and

propose measures and take appropriate action for human resources training, to assist businesses, especially small and medium enterprises in human resources development and demand.

- To cooperate and interact actively with universities and colleges, bridging the private

sector and institutions to enhance the bilateral communication on recruitment and job search in order to fulfill the demand of human resources.

Quick Survey on Human Resources Issues The outbreak of COVID-19 pandemic affected various industries. In order to understand better the human resources issues faced by members, KLSCCCI conducted a quick survey on human resources to collect information and to provide assistance. KLSCCCI will cooperate with Universiti Tunku Abdul Rahman (UTAR) to provide assistance on human resources to members. Based on the result of the survey, KLSCCCI will also arrange interested members to participate in the visit or meet up with UTAR to develop a more purposeful cooperation plan according to the needs of businesses.

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In recognition of the importance of Environmental, Social and Governance (ESG) in today’s business landscape, the new term of office bearer (2021-2024) has set up the ESG committee to explore and discuss the relevance and importance of ESG to Malaysian companies as well as increase awareness and benefits of the same to members and the general public. The principal role of the Committee is to assist chambers’ members in articulating and developing their sustainability strategy in line with the 17 United Nation’s Sustainable Development Goals (UNSDG) as well as the national and state level of commitment to climate change. The Committee will be responsible to make recommendations to the Council for the chamber’s stand on ESG related matters.


Submission of Suggestions / Opinions During 2021, the Committee Chairman contributed ideas and proposals for the following

interaction sessions / meetings:

(1) 23rd February 2021 : Interaction session with YB Tuan Ng Sze Han, Selangor State

EXCO for Local Government, Public Transport and New Village Development; (2) 16th August 2021 : Virtual meeting with YAB Dato’ Seri Amirudin bin Shari, YAB Dato’

Menteri Besar Selangor and YB Dato’ Teng Chang Khim, Selangor State EXCO for Investment, Commerce, Industry and SME;

(3) 15th December 2021 : Meeting with YB Tuan Hee Loy Sian, Selangor State EXCO for

Tourism, Environment, Green Technology and Indigenous Affairs. Besides, the Committee Chairman also assisted in providing advice and drafting the Press Statement of KLSCCCI dated 13th July 2021 entitled “Urgent Plea to YB Menteri Besar of Selangor to Lift District Level Lockdowns and Adopt Targeted Building-By-Building Lockdowns”.

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KLSCCCI Virtual Business Matching The Committee organised a virtual business matching on 19th January 2021 (Tuesday) at 2.30 p.m. through Zoom. A total of 58 participants attended the Business Matching. This virtual business matching aimed to encourage members to actively participate in order to develop and enhance the contact network between members. Presenting companies

included CALMS Technologies、CatTHIS and OrangeFIN ASIA.

FCM: Investment Meet Up Group The Committee jointly organised the 1st FCM: Investment Meet Up Group with the Finance and Capital Market Committee of ACCCIM through Zoom on 9th October 2021 (Saturday) at 10.30 a.m. The speakers of the event were Datuk Eddie Ng Chee Siong, Managing Director and Group CEO of Revenue Group Berhad and Mr. Chue Kwok Yan, Chief Investment Officer of KAF Investment Funds Berhad. The moderators included Committee Members, Mr. Steven Tong and Mr. Tan Yap Seng. The Committee Chairman, Mr. Lee Yew Chen was also invited to deliver opening and closing remarks. There were about 30 people attended the sharing event. In addition to sharing information on the increased purchase of Malaysian government bonds by foreign investors and the stock market, it also shared short-term views on real estate and petroleum stocks.

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Malaysia Budget 2022 Webinar The Committee organised a webinar on “Malaysia Budget 2022” via Zoom Webinar on 10th November 2021 (Wednesday) from 10.00 a.m. to 11.00 a.m. The speakers were Ms. Chee Pei Pei, Deloitte Private Malaysia Leader; Ms. Chee Ying Cheng, Global Employer Services Executive Director; and Mr. Tan Eng Yew, Indirect Tax Leader who shared information about various taxes in the Budget 2022 including Corporate Tax, RPGT, Stamp Duty, Tax Incentive, Personal Income Tax and also Indirect Tax. The moderator was Committee Member, Dato’ Christopher Chan Choun Sien. There were more than 130 participants joined this online event.

FCM KLSCCCI Members Networking Dinner The Committee organised a FCM KLSCCCI Members Networking Dinner on 9th December

2021 (Thursday), 6.30 p.m. at BLACK Market (Kampung Pandan) to promote relationship

among Committee Members and to recruit KLSCCCI members.

Besides speeches by Mr. Lee Yew Chen, the Committee Chairman; Puan Sri Chelsia

Chan, Vice President cum Adviser of the Committee; Datuk Ng Yih Pyng, President of

KLSCCCI; and Mr. Paul Sanda, Senior Trade Commissioner of Austrade, Committee

Member, Ms. Patrine Thoong Lay Ting was also invited to share the Capital Market

Outlook 2022 with the attendees, as well as Mr. Justin Wong and Mr. Nigel Wong,

Founders of The Strine Wine Co. to share tips on wine tasting.

The Committee expressed appreciation to Puan Sri Chelsia Chan and Mr. Lee Yew Chen

for sponsoring the food for the night.

Articles on Financial and Capital Markets Developments and Issues

In order to educate and promote awareness among our members of financial and capital

markets developments and issues, the Committee has published 2 related articles,

namely:

(i) “KLSCCCI’s Response to Recent Proposals on Implementation of New Taxes” (11th

October 2021); and

(ii) “Suggestions to Help Businesses to Ease Into the COVID-19 Endemic Phase and

Beyond” (22nd November 2021).

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Online Interaction Session with Trade Association Members

The Committee has successfully organised 2 sessions of Online Interaction Session with Trade Association Members of KLSCCCI via Zoom Meeting to promote rapport and business opportunities.

No Trade Association Members Date/Time

1 * Persatuan Pekilang-Pekilang Telok Gong, Selangor

* The Assn of Land Owners & Factory OPT of Kg Baru Balakong,

Selangor

31-3-2021

3.00p.m

2 * Malaysian Chinese Tourism Association (MCTA)

* Malaysian Inbound Chinese Association (MICA)

* Malaysian Gifts & Premium Association (MGPA)

* Persatuan Restoran SEL Dan W.P. Ku Su Shin Choong Hung

30-4-2021

3.00p.m

Online Interaction with ACCCIM Tourism Committee

The Committee has successfully organised the Online Interaction Session with the ACCCIM Tourism Committee on 6th October 2021 (Friday), 3 p.m. via Zoom Meeting. The Committee was led by the Chairman, Mr. Gan Chooi Yang and Deputy Chairman Mr. Wilfred Wong and attended by Committee members of KLSCCCI.

The representatives of ACCCIM included Dato’ Sri Lee Ee Hoe, Chairman of the Tourism Committee and representatives of various states.

The interaction discussed topics such as the revival of local tourism, Malaysia My Second Home Programme (MM2H), and hotel industry against Online Travel Agent (OTA). The Tourism Committee of ACCCIM will collect information on various topics and submit to the Minister of Tourism and Director General of Tourism Ministry.

Courtesy Call to YB Hee Loy Sian, Selangor EXCO Cum Councillor for

Tourism, Environment, Green Technology and Orang Asli Affairs

The Committee has organised a courtesy call to YB Hee Loy Sian, Selangor Executive Councillor for Tourism, Environment, Green Technology and Orang Asli Affairs on 15th

December 2021（Wednesday） in order to understand the available resources of the

Selangor state in tourism for the committee to plan activities and explore ways to attract tourists and investors in collaboration with State Government. The 10- Members delegation was led by President, Datuk Ng Yih Pyng.

Furthermore, the Committee also pointed out that issue such as Entertainment Tax and Entertainment Licensing, open all businesses in MRP Phase 4, Urgency to clear backlog at PBTs and Land Offices and Arduous Process of Air Selangor to get Water and during the courtesy call.

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YB Hee reported at the meeting that in the next three years, Selangor plans to build more international-class leisure resorts and forest parks in the state to attract more tourists to stay in Selangor. Referring to the Selangor state government's collection of plastic bag charges, YB Hee informed that the said collected charges are managed by the state government trust fund, and the relevant funds are allocated to related environmental protection projects. YB Hee also welcomes the Chamber of Commerce to propose projects that can be used throught the fund to benefit the public. The committee’s proposal of series Tourism mobile photography competation in 2022 has gained positive responses from YB Hee and Tourism Selangor. Meanwhile, the Chamber has submitted memorandum to YB Hee loy Sian in end of December 2021 on related issues being discussed during the courtesy call.

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Online Interaction Session with Agricultural Committee of Various State Chinese Chamber

The Committee has successfully organised the Online Interaction Session with Agricultural Committee of Various State Chinese Chamber on 15th October 2021 (Friday) via Zoom Meeting to promote rapport and business opportunities. Representatives of the Associated Chinese Chamber of Commerce and Industry of Sarawak, Terengganu Chinese Chamber of Commerce and Industry and Klang Chinese Chamber of Commerce and Industry attended this interaction session with a total participant of 35 persons.

Webinar on “Malaysia Good Agriculture Practice – myGAP” The Committee organised a webinar on “Malaysia Good Agriculture Practice - myGAP” on 26th November 2021 (Friday) at 8 p.m.. via FB live streaming . Co-organisers of the webinar were Advansia Sdn. Bhd., Kuala Lumpur and Selangor Fruit Farmers’ Association, Malaysia Fruit Farmers Association and Malaysia Vegetable Association with Agroworld as the supporting media. Speaker of the webinar was Ms. Lem Ming Siang (Head of Plant Biosecurity Unit, Department of Agriculture, Ayer Hitam, Johor). Ms Lem shared with participants and interested parties on the importance of myGAP and the application procedures. Moderator was Datuk Jeffrey Ng. Furthermore, the webinar also invited Mr. Richard Thang See Ong, President of the Kuala Lumpur and Selangor Fruit Farmers’ Association for experience sharing and Q & A session.

Webinar on “Financing Solution of Agricultural Sector” The Committee has successfully organised the webinar on “Financing Solution of Agricultural Sector” on 17th December 2021 (Friday), 3 p.m.. via FB Live streaming. The objective of the webinar was to let members and interested parties to learn more on various financing solutions available for agricultural sector. Speaker was Mdm. Chong Linda (Unit Head, Commercial Centre (CCRS) Regional Office Selangor Agro Bank). Moderator was Mr. Chay Ee Mong. Co-organisers of the event included Malaysia Fruit Farmers Association, Malaysia Vegetable Association and Kuala Lumpur and Selangor Fruit Farmers’ Association. Furthermore, the webinar also specially invited En. Rahim, Director of Agrobank Klang Valley, to deliver speech.

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Online Training Course on “Business Philosophy in Time of Challenge

for Business Recovery” The Committee organised Online Training Course on “Business Philosophy in Time of

Challenge for Business Recovery” on 3rd July 2021 (Saturday) from 10.00 a.m. to 1.00

p.m. The speaker was Mr. KK Lai. The medium of the Seminar was in Mandarin and total

participants were 39.

KLSCCCI - PERKESO Webinar on “National Recovery Plan: PEMULIH Incentives to Support The Employers”

SMEs Committee and PERKESO organised the above-mentioned Webinar on 4th October 2021 (Monday) from 3.00 p.m. to 4.30 p.m. The medium of the Webinar was in Mandarin and total participants were more than 170. This Webinar is live on Cisco Webex and KLSCCCI Facebook. The speaker was Ms. Cindy Wong, Executive Liaison Officer of PERKESO. She has

provided information on incentives under PEMULIH and how to apply for it. The Moderator

was Mr. Eng Kin Hoong, Deputy Chairman of SMEs Committee. The Committee also

invited Dato’ Liaw Choon Liang, Vice President of KLSCCCI to deliver the opening speech

and Mr. Mustafa bin Draman, Pengarah PERKESO Wilayah Persekutuan KL for a

welcome remarks.

KLSCCCI - CIMB SME Bizready 1.0: SMEs Financing Solutions SMEs Committee organised the above-mentioned Webinar on 8th October 2021 (Friday) from 3.00 p.m. to 4.30 p.m. The medium of the Webinar was in English and total participants were more than 150. Datuk Ng Yih Pyng, President of KLSCCCI delivered the opening speech and Mr. Ahmad Shahriman Mohd Shariff, CEO of CIMB Islamic Bank Berhad gave a keynote speech. The Speakers were Mr. Paul Liang (CIMB), Puan Sharifah Attashah Syed Ali (CGC) and Puan Masliza Zainal Abidin (SJPP). Moderator is Mr. Chin Chee Seong, Chairman of SMEs Committee of KLSCCCI.

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Online Courtesy Call by Selangor Information Technology &

Digital Economy Corporation (SIDEC) to KLSCCCI Selangor Information Technology & Digital Economy Corporation (SIDEC) paid an online courtesy call to KLSCCCI on 13th August 2021 (Friday), 3.30 p.m. via Zoom Meeting. Representatives from SIDEC were Mr. Loo Chuan Boon (Chief Operating Officer), Mr. Lu Wei Hoong (Corporate Communication Manager of Sidec) and Ms. Poh Sue Li (SME & Startup Division Program Executive). Datuk Ng Yih Pyng, President of KLSCCCI stated in his welcoming remarks that a new term of KLSCCCI Council Members was formed by end of June of 2021, and he was honoured to welcome SIDEC on behalf of the Chinese Chamber of Commerce & Industry of Kuala Lumpur & Selangor for this Courtesy Call. The main objectives of the courtesy call were to explore on how to strengthen cooperation to assist members of KLSCCCI and Small and Medium-Sized Enterprises (SMEs) to accelerate the digital transformation, drive local SMEs into e-commerce marketplace, and explore business opportunities to cope with the impact of the pandemic. Mr. Foo Kooi Siong (Honorary Secretary General of KLSCCCI), Mr. Chin Chee Seong (Chairman of Small and Medium Enterprises (SMEs) Committee), Mr. Effon Khoo Giok Hong (Chairman of Digital Economy Committee), Mr. Lim Kok Hing and Dato’ Eric Ku Yee Fei (Deputy Chairmen of Digital Economy Committee) were among the others in attendance.

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Selangor SME Digitalisation Matching Grant Forum 14

Selangor Information Technology & Digital Economy Corporation (SIDEC) in collaboration

with KLSCCCI organised an online forum titled “Selangor SME Digitalisation Matching

Grant Forum 14” on 10th September 2021 (Friday) from 3.00 p.m. to 4.30 p.m with

specially invited guest speakers to share about digital solutions.

Datuk Ng Yih Pyng, president of KLSCCCI delivered a welcome speech followed by

briefing about the Grant by Mr. Yong Kai Ping, CEO of SIDEC.

This forum was aimed to help members and SMEs to gain understanding about how to

apply the Selangor SME Digitalisation Matching Grant, accelerate the digital

transformation to cope with the impact of pandemic on business. On the day of event,

around 100 people participated and watched Facebook live broadcast. For more

information about the Grant, please browse to Website:

https://www.sidec.com.my/selangorgrant2021/

KLSCCCI-CIMB SME BizReady 2.0 “Halal & Digital Transformation”

KLSCCCI in collaboration with CIMB Islamic Bank Berhad had organised webinar series

2.0 titled “KLSCCCI-CIMB SME BizReady 2.0 – Halal & Digital Transformation” on 3rd

December 2021 (Friday) at 3.00 p.m. This webinar aimed to help members of KLSCCCI

and SMEs to gain insights into how to grow businesses in the global Halal markets

through brand exposure provided by HalalBizReady platform, as well as opportunities for

digital transformation.

Mr. Cyrus Hee, Vice President of Business Development, Commercial Banking of CIMB

Islamic; Mr. Eric Lian, Community Executive of EasyStore and Mr. Beer Tan, Senior Sales

of BusinessHR were the speakers, with Mr. Lim Kok Hing, Deputy Chairman of Digital

Economy Committee, KLSCCCI serving as moderator of the webinar. There were about

55 people in attendance.

For more information about CIMB’s HalalBizReady, please visit to Website :

https://cimb.com.my/halalbizready

https://cimb.com.my/halalbizready

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The establishment of Women Entrepreneurs Committee is relatively young in KLSCCCI. In

the future, it will focus on promoting KLSCCCI objectives, such as assisting in organising

activities. Secondly, to attract more members, especially professional women, to join and

actively participate in the activities; to strengthen the connection between female members

and other members; to provide a platform for professional women to expand their network,

conduct exchanges, and strengthen cross-industry cooperation.

The committee’s work ranges from promoting the interests of women's business;

networking with successful women entrepreneurs; organising women’s business funding

webinars, and providing a platform for their businesses.

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Due to the pandemic, the visits and physical activities such as courtesy calls to the new

ambassador and counsellor of the Embassy of China in Malaysia could only be arranged

after the condition of the pandemic has eased. Meanwhile, the Committee continues to

convey information related to Malaysia-China events for members’ reference.

Newly Appointed Minister Counsellor for Consular Affairs of Embassy of China in Malaysia

The new Minister Counsellor for Consular Affairs of Embassy of China, Mdm. Ma Cuihong has performed her duties in Malaysia. The Chamber has written a welcome letter to Minister Counsellor and intended to invite her for a virtual networking with Chamber’s newly elected council members for year 2021-2024 to enhance the mutual understanding among each other.

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Prize Presentation Ceremony of “MyHero Award 3.0” View of MyHero Essay Writing Competition and Online Most Popular MyHero

KLSCCCI organised the Prize Presentation Ceremony of “MyHero Award 3.0” View of MyHero Essay Writing Competition and Online Most Popular MyHero on 17th April 2021 (Saturday), 11.00am at KLSCCCI’s Seng Peng Hall. The Guest of Honour was YB Senator Dato’ Sri Ti Lian Ker, Deputy Minister of National Unity. “MyHero Award 3.0” was jointly organised by KLSCCCI and Nanyang Siang Pau, supported by Ministry of National Unity and the Associated Chinese Chambers of Commerce and Industry of Malaysia (ACCCIM). See Hua Daily, Borneo Post, Orizon, Sinar Harian, The Sun, Tamil Malar and Utusan Borneo were the media partners. The View of MyHero Essay Writing Competition was open to students aged between 10 to 14 years old, mainly to encourage students to write their thoughts about the MyHero Award recipients and their influence on themselves. More than 2,000 entries were received in this Competition. Among them, SJK (C) Taman Rashna, Klang won the award for the most participants with 746 entries and received a cash prize of RM1,000.

The Competition was held in 3 language categories, namely Chinese, Malay and Tamil.

The winners of the main prize each received a trophy, a certificate and a RM100 cash

voucher, while the winners of the consolation prize received a trophy, a certificate and a

RM50 cash voucher.

After selection by the judges, the list of winners in each category is as follows:

(A) Chinese Category

(i) Main Prize

Name School

Darren Leong Yik SJK (C) Pu Sze

Ng Yen Ni SJK (C) Taman Rashna

Lim Yu Xi SJK (C) Shin Cheng (Harcroft)

(ii) Consolation Prize

Name School

Lai Wen Xuan SJK (C) Pu Sze

Genevieve Yek Jia Xuan SJK (C) Chung Hua Miri

Ivan Wong Kee Yii SJK (C) Chung Hua Miri

Kua Heng Yee Kuen Cheng High School

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Bosco Wong SJK (C) Chung Hua Miri

Teo Vini SJK (C) Foon Yew (5)

Wan Ning Kuen Cheng High School

Cherry Yong Shin Hee SJK (C) Pandan

Kohr Xin En SJK (C) San Min No 1

Chim Eeanne SJK (C) Shin Cheng (Harcroft)

(B) Malay Category

(i) Main Prize

Name School

Nurrul Shah Mira SK Sungai Binjai

Nurul Ain Athirah Bt. Mohd Azidi SK Sungai Binjai

Wan Nurih Khairina Bt. Ahmad Nazri SK Sungai Binjai


Name School

Nur Syazliana Haifa Bt. Suryadi SK Sungai Binjai

Nur Syahmina Bt. Azizi SK Sungai Binjai

Norsyuhaidah Bt. Mohammad Razis SK Tengku Bendahara Azman (1)

(C) Tamil Category

(i) Main Prize

Name School

Khathiresh A/L Murugesan SJK (T) Sentul

Bharameshvari A/P Jaganraj SJK (T) Sentul

Selvi Prithingara A/P Selva Kumar SJK (T) Sentul


Name School

Varathaa A/L Vickneswaran SJK (T) Sentul

Yuvanraj A/L Sritheran SJK (T) Sentul

Siva Priya A/P Prabagaran SJK (T) Sentul

As for the Online Most Popular MyHero, the public had the opportunity to vote for their

favourite hero candidates online. After voting, Ms. Ooi Shiao Lu was selected as the

winner of the Online Most Popular MyHero. The prize was a trophy and a certificate. The

grand prize won by the public who voted online was an Apple Watch, and the other 10

consolation prize winners each received a RM200 voucher.

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Testimonial – “MyHero” Award

KLSCCCI has successfully registered the trade mark for “MyHero” Award (under class 41)

for a period of 10 years, from 24th November 2017 to 24th November 2027.

The good deed story of 4 “MyHero” Award recipients, namely Mr. Abdul Muhen Bin Abdul

Mohssin (recipient of “MyHero” 1.0), and 3 recipients of “MyHero” 2.0, Mr. Tan Bee Seng,

Mdm. Angela Devi A/P Ariyan and Mdm. Wong Siew Yin (Dolly) have been featured and

published in standard 5 textbook of Sekolah Rendah Kebangsaan (SRK), while Mr. Abdul

Muhen, Mdm. Winnie Yap Im Yee (recipient of “MyHero” 1.0) and Mdm. Angela Devi have

been featured and published as the teaching materials for standard 5 textbook of Sekolah

Rendah Jenis Kebangsaan (SRJK)

Malaysia Day Webinar on “Keluarga Malaysia, ACCCIM Prihatin”

ACCCIM organised Malaysia Day Webinar on “Keluarga Malaysia, ACCCIM Prihatin” on

16th September 2021 (Thursday) at 2.00pm. The webinar was co-organised by KLSCCCI.

The moderator was Datuk Wira Richard Lau Chi Chiang, the Chairman of National Unity

Committee of KLSCCCI and ACCCIM, and 4 speakers were Mr. Abdul Muhen Bin Abdul

Mohssin, Mdm. Dolly Wong Siew Yin, Mr. Timothy Cheah Kim Hock and Mr. Rajendran

A/L Velu. Through the sharing of “MyHero” Award recipients, the webinar was aimed at

inculcating the spirit of unity and patriotism, and to advocate mutual love and mutual

assistance among rakyat of all races.

KLSCCCI produced a video clip in conjunction with the celebration of Malaysia Day, to

deliver blessings to Malaysia. Please browse the KLSCCCI Facebook

(www.facebook.com/KLSCCCI/) to watch the video clip.

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Online Presentation Ceremony of KLSCCCI Scholarship Fund 2021 The Culture and Education Committee organised the Online Presentation Ceremony of KLSCCCI Scholarship Fund 2021 on 11th September 2021 (Saturday) at 11.00 a.m. via Zoom Meeting. There were around 140 attendees joined the virtual event, included council members, committee members, donor of the Scholarship Fund, representatives of secondary schools and beneficiary students. There was a total of 82 Secondary Scholarship recipients comprising 62 students from Chinese Independent Secondary Schools, and 20 students from Government Secondary Schools with the total scholarships amounted at RM51,400.00. The University/College Scholarships which was set up in 1983 has since then disbursed scholarships with an aggregate value of RM2,321,500 over the past 39 years to a total of 1,767 students, including 22 university and college students for year 2021 with scholarships totalling RM39,000.00. In addition to offering University/College Scholarships, the Chamber’s University/College Education Loan has since its inception in 1995, approved and disbursed loans totalling RM2,783,650 and RM2,719,650 respectively, financing 196 needy and deserving students for higher education in local and overseas institutions of higher learning, including 1 education loan recipient for year 2021.

The list of Secondary School Scholarship recipients for year 2021 is as follows:

Form 1 : Alexis Chew Sin Roe Hia Jia Cheng Ku Jia Le

Lang Zhong En Samuel Siaw Xi An Tan Li Xuan

Tan Rui Yi Tan Xing Yi Tee Jia Hao

Yap Sze Tao Yeong Meng Ron

Form 2 : Chan Yi Xuan Chong Cheng Hin Choo Jun You

Lim Hew Teng Ong Wai Kwan Wan Miao

Wan Yan Xin

Form 3 : Chin Lok Yi Jennifer Titi Lee Wen Kit

Leow Wei Xin Ng Hoong Yuan Wong Zhi Lin

Form 4 : Chai Kai Xin Chew Tzi Linn Choi Yin Zheng

Chong Jian Sheng Law Qi Kei Lee Jie Ling

Lee Zi Rong Lim Zhi Hang Owi Sze Ting

Shum Xian Hui Siew Chen Xuan Wong Khai Qing

Woon Jia Yee Yap Jin Lun

Form 5 : Check Wan Yin Chong Jun Chen Chong Kaiting

Chua Qi Hen Chung Li Er Crystal Nah Hui Ying

Gan Jia Hong Lee Jia Ern Lee Wei Eng

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Lim Huey San Ng Kah Yen Ng Yao Yang

Nur Faieqah Binti Mohd Nasir Nurzakirah Binti Mohd Nor Ong Xin Ning

Ong Xing Juan Stella Chew Sinn Hwei Tam Zhi Shan

Tan Jian Xi Tan Khai Jeat Tee Ee Xuan

Teoh Zhi Xian Wong Hui Yin Wong Xin Ying

Wong Ying Ying Yap Pei Shin Yong Xiao Thong

Form 6 : Audrey Tay Yi Qing Chong Mon Ru Chow Lok Yan

Darrell Lim Hong Rui Low Wei Chuan Ng Zi Hang

Ong Joe Yee Ong Wen Jing Ong Xin Rong

Tan Ludwig Tan Wen Yuh Tan Xiew Hui

Tan Yen Shi Vanessa Lee Zhi Ying Vikki Ooi Yen Teng

Yee Xin Ying Yu Zi Jie

The list of recipients of 2021 University / College Scholarships is as follows:

Universiti Tunku Abdul Rahman : Chiam Ning Chin Kai Seng Cha Evon Ngow Zhen Yang Tiang Chang Jing Eugene Kwoon Yuki Tunku Abdul Rahman University : Wan Keat Mun Tan Choon Leong College Ong Ke Yin Other Universities and Colleges : Lim Guan Ming Lim Che Er (Local) Tee Hui Ying Tee Jia Hui Gui Qi Ying Woo Chun Hong Nicole Lim Yi Jing Other Universities and Colleges : Choong Xue Yin See Hui Teng (Overseas) Puah May Yee Lee Huan Cing Kong Cin Pei Wong Li Sin List of recipients of University / College Loan: Other Universities and Colleges : Wong Li Sin (Local)

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Donation to KLSCCCI Scholarship Fund

The Chamber expressed its gratitude to members of KLSCCCI and individuals for

contributing to KLSCCCI’s Scholarship Fund, helping more needy students to complete

their education. As at 31st December 2021, the total donations received amounted to

RM13,008. List of Contributors is as follows (without titles):

No. Name of Donors

Donation Amount

RM

1. SWAT Footwear (M) Sdn Bhd 5,000

2. Tan Yew Jin 3,008

3. Ng Kong Leng 3,000

4. Ho Han Boon 2,000

Total: 13,008

The 16th Mahua Literature Award

In conjunction with the 16th Mahua Literature Festival, the Chamber continued to organise

the 16th Mahua Literature Award to recognise the contributions of local Chinese language

writers and to encourage literature creativity, thereby uplifting the standards of Malaysian

Chinese Literature and the social status of Malaysian Chinese writers. The Mahua

Literature Award was co-organised by The Writers Association of Chinese Medium of

Malaysia (WACMM) for the sixth time.

Nomination for the Award began on 25th August 2020 and closed on 30th September 2020.

There were a total of six nominations received.

The panel of judges for the 16th Mahua Literature Award consisted of Dato’ Sri Dr. Hou

Kok Chung and Mdm. Lee Yoke Kim (Writers’ Association of Chinese Medium of

Malaysia), Dr. Wong Yoon Wah (Southern University College), Mr. Denon Lim Denan

(Singapore Association of Writers), Prof. Dr. Shu-ling Horng (National Taiwan University),

Prof. Dr. Ng Yean Leng (New Era University College), and Mr. Tan Cheng Sin (the 13th

Mahua Literature Award winner).

The panel of judges and the organising committee of the literature award unanimously

recommended Mdm. Tai Hsiao Hua as winner of the award. She won a cash reward of

RM20,000 and a trophy.

Mdm. Tai Hsiao Hua began her literary career in 1980s, and later became famous with her

literary works “City of Sand”. She wrote in diversity like essay, drama, commentary,

reportage, novel, etc. The series of books compiling the essence and resources of Mahua

Literature which were edited by Mdm. Tai, were precious and important documentation for

Malaysian Chinese community. Some of her works have been selected as educational

materials in Chinese textbooks of secondary schools of Malaysia, junior high schools and

universities of China.

Mdm. Tai Hsiao Hua has also been active amongst the Chinese community and cultural

associations. She formerly served as president of Writers’ Association of Chinese Medium

of Malaysia, Malaysian Chinese Cultural Society, Overseas Chinese Women Writers’

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Association and other positions in several societies. She has contributed greatly in

promoting the development of Malaysian Chinese literature and culture.

In view of the current circumstances of COVID-19 pandemic, the first ever virtual

Presentation Ceremony for the 16th Mahua Literature Award was held on 25th June 2021 at

8.30 p.m. via live streaming on KLSCCCI Facebook and YouTube channel.

The Ceremony had been shifted to a virtual setting by adopting a brand-new mode, which

alleviated physical space constraints for audiences from all over the world to join the event

simultaneously via live streaming. Other than the virtual presentation of trophy, a variety of

programmes have been arranged to liven up the event, including performances of Chinese

zither, 24 festive drums, and poetry recitation.

The Organising Committee expressed its gratitude to the sponsorship of Tan Sri Datuk Ter

Leong Yap and Council Members for their generous contributions and support towards the

event. The list of sponsors of the 16th Mahua Literature Award is as follows:

RM10,000 : Tan Sri Datuk Ter Leong Yap Mr. Chua Ngeun Lok

RM5,000 : Dr. Chia Song Kun

RM2,000 : Dato’ Lim Tai Soon Mr. Gan Chooi Yang (Yanki Regan)

RM1,000 : Dato’ Lim Kiam Lam Mr. Gan Boon Khim

Datuk Ng Yih Pyng Dato’ Liaw Choon Liang

Mr. Teoh Kok Lin Mr. Ng Chee Len

Puan Sri Chelsia Chan Chau Ha Datuk Wira Richard Lau Chi Chiang

Mr. Lee Koing Dato’ Tan Chee Chuan

Datuk Chan Mung Bong Mr. Soong Wing Hong

Mr. Chow Kwok Kow Datuk Wira Lim Chiun Cheong

Dato' Barry Ong Thai Hean

RM500 : Mr. Chin Chee Seong Mr. Wilfred Wong Vui Hiung

RM200 : Mr. John Chai Jone Fuu

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Online Donation Presentation Ceremony for Celebration of

Chinese New Year

The Committee organised the first ever online presentation ceremony on 5th February

2021 (Friday) at 11.00am, to donate to shortlisted welfare and charitable organisations,

orphanages and old folks’ homes.

The Chamber and its members donated a total of RM112,680 to 10 welfare and charitable

organisations, 2 orphanages and 2 old folks’ homes in conjunction with the celebration of

Hari Raya Aidilfitri and Chinese New Year in year 2020 and 2021.

The beneficiaries were Association of Social Services & Community Development of

Gombak District, Selangor, Chinese Medical Aid Department, Hospis Malaysia, Kasih

Hospice Care Society, Malaysian Association for the Blind, Malaysian Red Crescent

Society, Rumah Bakti Dato’ Harun, Sau Seng Lum Dialysis & Stroke Rehabilitation Centre,

Selangor & Federal Territory Association for the Mentally Handicapped, Selangor Cheshire

Home, Serdang Old Folks’ Home, Shepherd’s Centre Foundation, Siri Jayanti Welfare

Organisation and Tung Shin Hospital.

The Chamber expressed its appreciation to members for donating to the Welfare Fund and

shortlisted charitable organisations, orphanages and old folks’ homes. List of Donors of

KLSCCCI’s Welfare Fund for year 2020 and 2021 was as follow:

No. Donor Donation（RM）

1. Aspac Alliance Steels Sdn. Bhd. 2,000

2. Adtech Malaysia Sdn. Bhd. 1,000

3. Mr. Loh Lin Wei 1,000

4. Auto Enterprise (M) Sdn. Bhd. 500

5. Mr. & Mrs. Lew Pin 500

Donation from Lion-Parkson Foundation to KLSCCCI Welfare Fund Puan Sri Chelsia Chan Chau Ha, Chairman of Lion-Parkson Foundation cum Chairperson of Women Entrepreneurs Committee of KLSCCCI urged the Council Members to support and purchase her Lunar New Year calligraphy, and the donations raised from sales of calligraphy pieces to be donated to KLSCCCI’s Welfare Fund. A total of 82 sets of greeting card and 370 pieces of cow calligraphy were purchased by Council Members and Committee Members. The total donations collected for KLSCCCI’s Welfare Fund amounted to RM12,320.

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The Committee expressed its appreciation to Puan Sri Chelsia Chan, Council Members and Committee Members for contributing to the Welfare Fund.

Webinar Series #10 “The Facts about COVID-19 Vaccine”

With the arrival of the first batch of COVID-19 vaccines in Malaysia, the National COVID-

19 Immunisation Programme has been implemented in stages in end of February 2021, to

give a ray of light in the anti-epidemic journey. Supporting and participating of the Rakyat

in the vaccination is the key to achieve herd immunity in the community so as to curb the

chain of virus infection, as well as to contain the pandemic.

The Committee organised the Webinar on 20th March 2021 (Saturday), from 11.00am to

12.00noon. The speaker was Dr. Hoo Fan Kee (Neurologist and General Physician, Senior

Lecturer of University Putra Malaysia and Chairman of Malaysian Stroke Council), to share

some insights about the differences, efficiency, contraindications, safety, adverse effects

of COVID-19 vaccines. The moderator was Dato’ Barry Ong Thai Hean, the Deputy

Committee Chairman.

Charitable Contributions for Celebration of Hari Raya Aidilfitri

The Committee presented a donation of RM3,000 to the Committee of Masjid Jamek

Kampung Baru Kuala Lumpur for 10 needy families, on 11th May 2021 (Tuesday) at

12.00noon.

The Committee presented also a donation of RM2,000 and distributed the ‘duit raya’’ of

RM1,290 to Pertubuhan Pendidikan Anak-Anak Yatim Selangor (Rumah Bakti Dato’

Harun) and orphans on 27th October 2021 (Wednesday) at 11.00am.

Contribution of KLSCCCI to Sungai Buloh Hospital in Support of

Medical Equipment

The Chamber raised and allocated a budget of RM502,000 for the purchase of urgently

needed medical equipment by the Sungai Buloh Hospital. The contribution of 2 units of

Central Monitoring System (CMS) and 5 units of intensive care unit bed have been

delivered to Sungai Buloh Hospital on 15th June 2021 (Tuesday), for treatment of COVID-

19 patients, and in response to the surge in COVID-19 cases as well as the overstretched

health system.

The Chamber expressed its appreciation to all individuals, organisations and corporates

that have supported the contribution. List of donors was as follow:

No. Donor Donation

(RM)

1 KLSCCCI Welfare Fund 70,500

2 Muda Paper Mills Sdn. Bhd. (Datuk Wira Lim Chiun Cheong) 30,000

3 Sunsuria City Sdn. Bhd. (Tan Sri Datuk Ter Leong Yap) 30,000

4 Tomei Gold & Jewellery Holdings (M) Sdn. Bhd. (Datuk Ng Yih Pyng) 30,000

5 Dr. Chia Song Kun 20,000

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No. Donor Donation

(RM)

6 Lion-Parkson Foundation (Puan Sri Chelsia Chan Chau Ha) 20,000

7 Novamas Enterprise Sdn. Bhd. (Mr. Foo Kooi Siong) 20,000

8 Ong Brothers Petroleum Sdn. Bhd. (Dato' Barry Ong Thai Hean) 15,000

9 Ann Joo Metal Sdn. Bhd. (Dato' Lim Kiam Lam) 10,000

10 Engtex Sdn. Bhd. (Dato' Ng Hook) 10,000

11 Focus Point Vision Care Group Sdn. Bhd. (Dato' Liaw Choon Liang) 10,000

12 Mr. Gan Chooi Yang (Yanki Regan) 10,000

13 J.M. Chong, Vincent Chee & Co. (Mr. Chong Jee Min) 10,000

14 Mr. Jimmy 10,000

15 Michael Chai & Co. (Mr. Michael Chai Woon Chew) 10,000

16 Mr. Ng BH 10,000

17 Rentak Flora Sdn. Bhd. (Dato' Tan Tian Meng) 10,000

18 Sin Lian Tat Hardware Sdn. Bhd. (Mr. Lee Koing) 10,000

19 Tan Sri Dato' Teo Chiang Kok 10,000

20 Mr. Teoh Kok Lin 10,000

21 Unique Diamond Sdn. Bhd. (Mr. Gan Boon Khim) 10,000

22 Airmatic Machinery Sdn. Bhd. (Mr. Chow Kwok Kow) 5,000

23 Ammolite Furniture Sdn. Bhd. (Dato' Tay Sim Kim) 5,000

24 Datuk Chan Mung Bong 5,000

25 Datuk Albert Chiang Heng Kieng 5,000

26 Mr. Chua Ngeun Lok 5,000

27 Classic Palm Oil Mill Sdn. Bhd. (Dato' Tan Chee Chuan) 5,000

28 Engtex Marketing Sdn. Bhd. (Mr. Ng SG) 5,000

29 Kwong Yuen Machinery & Hardware (1976) Sdn. Bhd. (Mr. Soong

Wing Hong) 5,000

30 Datuk Wira Richard Lau Chi Chiang 5,000

31 Lintrachem Enterprise Sdn. Bhd. (Dato' Lim Tai Soon) 5,000

32 Persatuan Pemborong-Pemborong Beras Malaysia (Mr. Ng Chee Len) 5,000

33 Seatech Ventures Corp (Mr. Chin Chee Seong) 5,000

34 Selangor & Federal Territory Machinery Merchants Association

(SAFMA) 5,000

35 Mr. Tan Kar Peng 5,000

36 Mr. Tan Yew Jin 5,000

37 Mr. Yap LS 5,000

38 Yee Lee Trading Co. Sdn. Bhd. (Mr. Lim Kim Kow) 5,000

39 Mr. Yoong Yan Pin 5,000

40 KLSCCCI Young Entrepreneurs Committee 3,200

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No. Donor Donation

(RM)

41 Mr. Lee Yew Chen 3,000

42 Mdm. Shirley Tay Bee Koo 3,000

43 Ms. Serena Cheng Hui Ya 2,500

44 Art WeMe Sdn. Bhd. (Mdm. Liew Su Fei) 2,000

45 Mr. John Chai Jone Fuu 2,000

46 Ms. Natalie Cheng Hui Yen 2,000

47 Ms. Vivien Cheng Hui Yuen 2,000

48 Mr. Chong Khai Siang 2,000

49 Mr. Choong Pin Hoong 2,000

50 Datuk Chua Sai Man 2,000

51 Dato’ Eric Ku Yee Fei 2,000

52 Ms. Jacqueline Lee Pei Ling 2,000

53 Ms. Michelle Siow Lee Ching 2,000

54 Mr. Dominic Tan Pei Wei 2,000

55 Ms. Ter Shin Nie 2,000

56 Mr. Wilfred Wong Vui Hiung 2,000

57 Mr. Gerald Choong Pin Han 1,000

58 Mr. Christopher Leong Yew Chong 1,000

59 Ms. Ng Yee Kim 1,000

60 Mr. Bryan Ng Yih Miin 1,000

61 Mr. Calvin Soh 1,000

62 Mdm. Irene Yong Lai Wah 1,000

63 Mdm. Yong Yee Ching 1,000

64 Mr. Lim Hao Chieh 500

65 Mdm. Teoh Siew Chin 500

66 Ms. Yeo Lee Chern 500

67 Vtec Print (Mr. Vincent Cheong Vin Hong) 300

Contribution of KLSCCCI to PSPK in Support of Community Kitchen

The Committee decided to support Pertubuhan Perkhidmatan Sosial & Pembangunan

Komuniti Daerah Gombak, Selangor (PSPK) to set up a Community Kitchen after noticed

that some of the residents of Daerah Gombak are not able to prepare their meals even

with food assistance due to no extra money to purchase gas for cooking and inconvenient

of movement. Therefore, the Committee supported the Community Kitchen with

contribution of chiller and cooking utensils, and the total expenses was RM18,550.

PSPK distributed 250 lunch boxes daily, and beneficiaries included single mothers and

their children, poor residents, refugee, irrespective of ethnic background.

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The Committee Chairman, Dato’ Barry Ong Thai Hean and Mr. John Chai Jone Fuu,

Deputy Chairman of International Trade and Industry Committee cum Human Resources

Development Committee visited PSPK and distributed food items to the underprivileged on

22nd August 2021 (Sunday). Mr. Henry Sandanam, Chairman of PSPK briefed on the

kitchen operation and lunch distribution details on the same day.

KLSCCCI Food Aid Programme

In conjunction with the celebration of National Day, the Committee in collaboration with 17

Community Resident Associations and NGOs through the Food Aid Programme to assist

families and individuals who have lost their source of income and are under heavy burden

due to the COVID-19 pandemic, irrespective of their ethnic background.

The Committee hosted and invited Council Members of KLSCCCI, representatives of

Community Resident Associations and NGOs and members of media to attend an online

food items donation kick-off session on 19th August 2021 (Thursday) at 11.00am. Datuk

Ng Yih Pyng, President of KLSCCCI attended and delivered speech at the kick-off

session. Then, the Committee Chairman, Dato’ Barry Ong Thai Hean briefed on the details

of Food Aid Programme.

The Committee delivered and distributed a total of 1,140 sets of food items to beneficiaries

of Kuala Lumpur and Selangor area on 21st and 22nd August 2021 subsequently, after the

packing jobs completed on 20th August 2021.

The Chamber expressed its appreciation to UPA, Parkson Corporation Sdn. Bhd. and all

individuals, organisations and corporates that have supported and sponsored the

Programme.

Heartfelt THANKS

1. UPA

2. Parkson Corporation Sdn. Bhd.

3. Council Members of KLSCCCI (Contributions)

4. Yee Lee Group

5. Dagang Mewah Sdn. Bhd.

6. Bintang Packaging Industries (M) Sdn. Bhd.

7. Beautiful Gate Foundation for the Disabled

8. Gabungan Pertubuhan-Pertubuhan Serdang, Selangor

9. Kampung Orang Asli Bukit Lagong

10. Kawasan Rukun Tetangga (KRT) Kampung Sri Indah B

11. Kuala Lumpur & Selangor Fruit Framers’ Association

12. MPKK Seri Kembangan

13. Persatuan Kebajikan & Pendidikan Sungai Buloh, Selangor

14. Persatuan Penduduk Kampung Baru Kundang

15. Persatuan Perayaan Zhong Yuan Jie Serdang Selangor

16. Pertubuhan Perkhidmatan Sosial & Pembangunan Komuniti Daerah Gombak,

Selangor (PSPK)

17. Pusat Jagaan Pertubuhan Kebajikan Chester Selangor

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18. Pusat Jagaan Serdang Bestari Baru

19. SJKC Bukit Serdang

20. SJKC Kung Man

21. SJKC Serdang Baru 1

22. Shan Dao Buddhist Association of Malaysia

23. Victorious Living Assembly

24. Young Entrepreneurs Committee of KLSCCCI & Volunteers (Packing Jobs)

25. Council Members & Committee Members of KLSCCCI (Donation Ceremonies)

26. Secretariat of KLSCCCI

27. All others who contributed in one way or other

List of Items

1. Rice 2. Cooking Oil 3. Milo

4. Rice Vermicelli 5. Wheat Flour 6. Sugar

7. Salt 8. Canned Baked Bean 9. Cracker

10. Instant Noodle 11. Medical Adult Face Mask 12. Bread

Webinar Series #16 “Scam Prevention”

The internet convenience injects tremendous vitality to the society progressive as

well as provides strong impetus for the economic development. However, endless

scam cases have been repeatedly occurred and become increasingly rampant.

The Committee organised the Webinar on “Scam Prevention” on 30th November

2021 (Tuesday) at 11.30am. The speaker was SUPT Yeap Yoke Peng (Head of

Society Crime Investigation Unit, Commercial Crime Investigation Department,

Royal Malaysia Police Bukit Aman), and shared on various traps of scam to raise

the public’s vigilance as well as to safeguard against the traps of scam.

The moderator was Mr. Michael Chai Woon Chew, Deputy President of KLSCCCI.

Datuk Ng Yih Pyng, President of KLSCCCI was invited to deliver the opening

speech.

KLSCCCI Flood Relief Operation

Datuk Ng Yih Pyng, President of KLSCCCI led the KLSCCCI fund raising activity

and flood relief operation to assist the flood victims.

ACCCIM supported the KLSCCCI relief operation and pledged a donation of

RM50,000.

The Committee in collaboration with Pertubuhan Perkhidmatan Sosial &

Pembangunan Komuniti Daerah Gombak, Selangor (PSPK) and local NGO to

identify the affected area and community as well as the registration of deserving

victims from all races through the relief operation.

KLSCCCI raised and allocated a budget of RM120,000, to contribute 600 sets of

cash voucher. With each set consisted of RM200 cash voucher of 99 Speedmart to

each affected victim for purchase food and daily essential.

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After PSPK visited and surveyed the affected areas personally, and further

communicated with Klang Chinese Chamber of Commerce and Industry, KLSCCCI

identified 4 areas for vouchers distribution. The areas were Taman Sri Muda in

Shah Alam, Kapar and Meru in Klang, Kampung Tengah in Puchong and Taman

Dato’ Maniam and Taman Desa Dengkil in Dengkil. The Chamber accepted also the

proposed distribution route so as to ensure the vouchers deliver accurately to the

victims, and to avoid crowds during the distribution.

The Chamber raised and allocated a budget of RM14,078 for the purchase of

cleaning equipment and tools, in support of the cleaning-up works.

A group of volunteers from university assisted the residents of Kampung Tengah in

Puchong for the cleaning works on 24th December 2021 (Friday) with the joint

efforts of PSPK and local NGO.

The Members of Welfare Committee and Young Entrepreneurs Committee of

KLSCCCI, volunteers from universities and volunteers assisted the residents of low-

cost flats of Taman Sri Muda in Shah Alam for the cleaning works on 25th December

2021 (Saturday) under the efforts of PSPK.

The Chamber expressed its appreciation to Council Members and Committee

Members of KLSCCCI that have supported and donated the operation. List of

donors was as follows:

No. Donor Donation (RM)

1. Datuk Ng Yih Pyng 20,000

2. Tan Sri Datuk Ter Leong Yap 10,000

3. Puan Sri Chelsia Chan Chau Ha 10,000

4. Datuk Wira Lim Chiun Cheong 10,000

5. Dato' Liaw Choon Liang 5,000

6. Mr. Chua Ngeun Lok 5,000

7. Mr. Michael Chai Woon Chew 3,000

8. Dato' Barry Ong Thai Hean 3,000

9. Mr. Foo Kooi Siong 2,000

10. Mr. Tan Kar Peng 2,000

11. Datuk Albert Chiang Heng Kieng 2,000

12. Mr. Teoh Kok Lin 2,000

13. Mr. Chow Kwok Kow 2,000

14. Mr. Jeffrey Choong Wong Thiam 1,000

15. Mr. Soong Wing Hong 1,000

16. Ms. Chriss Chia Pei Wah 1,000

17. Puan Sri Catherina Chang Yow Fang 500

18. Mr. Kevin Chang Chung Hua 500

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Food Aid Programme by KLSCCCI Young Entrepreneurs Committee (YEC)

KLSCCCI Young Entrepreneurs Committee (YEC) had organised a Food Aid Programme

from 21st July 2021 to 31st July 2021. The main objectives of organising this programme

were to provide temporarily meal support for people with financial difficulties, help

underprivileged people and families who have difficulties to put food on their tables to

endure during these difficult times. At the same time, YEC hope to support and encourage

people to stay hopeful and survive during these tough times.

YEC in collaboration with Pasaraya Grand Union in Seri Kembangan distributed food items to people in need everyday from 2.30 p.m. to 4.00 p.m. Each person could only get 4 items with “first come, first served” basis and while stocks last. The total beneficiaries of this event was 672 person.

Online Networking with NSCCCI Young Entrepreneurs Committee (YEC)

KLSCCCI Young Entrepreneurs Committee (YEC) online networking with Negeri Sembilan Chinese Chamber of Commerce and Industry (NSCCCI) Young Entrepreneurs Committee (YEC) was organised on 15th September 2021 (Wednesday) at 8.30 p.m. via Zoom Meeting platform. This event was aimed to strengthen collaborative networks, enhance cohesion among

members of YEC from various states of the Chinese Chamber of Commerce and Industry

in Malaysia, as well as to provide business opportunities. There were about 29 people in

attendance, it was led by Mr. Choong Pin Hoong, Chairman of KLSCCCI YEC and Mr. Lee

Eng Yau, Chairman of NSCCCI YEC, this event was conducted smoothly.

Visit to Art WeMe Contemporary Gallery The EXCO of Young Entrepreneurs Committee (YEC) of KLSCCCI had organised a visit to Art WeMe Contemporary Gallery on 15th October 2021 (Friday). The main objectives of the visit were to provide opportunities for members of YEC to strengthen network and enhance cohesion among members of YEC. There were 13 persons participated and received by Mdm. Liew Su Fei, EXCO of KLSCCCI YEC. Participants were benefited from the visit.

Online networking with PCCC Young Entrepreneurs Section (YES) Penang Chinese Chamber of Commerce (PCCC) Young Entrepreneurs Section (YES) online networking with KLSCCCI Young Entrepreneurs Committee (YEC) was organised on 19th October 2021 (Tuesday) at 8.30 p.m. via Zoom Meeting platform.

87

This event was aimed to strengthen collaborative networks, enhance cohesion among members of YEC from various states of the Chinese Chamber of Commerce and Industry in Malaysia, as well as to provide business opportunities. There were about 44 people in attendance. The online networking was led by Mr. Tan Teik Eng, Deputy Chairman of PCCC YES and Mr. Choong Pin Hoong, Chairman of KLSCCCI YEC. KLSCCCI Annual Report 2021

KLSCCCI Membership Drive Year 2021

In year 2021, the Chamber has recruited 82 new members and there were a total of 46

membership withdrawal and 2 cancellation of membership. The new members details are

as follows:

Eminent

Member

Life Member

Ordinary Member

Total

Trade Association 1 1

Corporate 1 45 22 68

Individual 1 5 6

Associate 2 5 7

Total 82

Revamp of KLSCCCI Facebook Page

Brainstorming Workshop for Council Year 2021-2024 has proposed to enhance the social

media platform and brand image to increase the traffic to social media platform and

revenue from advertisement. General Affairs Committee and Branding Strategy &

Membership Drive Committee are tasked to enrich the content on social media platforms.

From 1st January 2021 till 31st December 2021, KLSCCCI Facebook Pages has created

301 Posts, includes 26 video posts, 89 photo posts and 8 Facebook Live.

During this period of time, KLSCCCI Facebook Pages has increased 716 followers, and

525 likes to a total of 3,014 followers and 2,598 likes.

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The Online Brainstorming Workshop of KLSCCCI Council Members for year 2021 – 2024

The Online Brainstorming Workshop of Council Members for year 2021 – 2024 to discuss and plan the work direction of the Chamber in the next 3 years was held on 31st July 2021 at 9:30 a.m. through Zoom, followed by the 2nd Council Meeting. The Online Brainstorming Workshop of Council Members was kick-off with sharing by the Chairman of Environmental, Social and Governance Committee, Mr. Teoh Kok Lin on the Post-COVID Future Economic Outlook of Malaysia. The theme of the Brainstorming Workshop was “Transform, Digitalize, Rebound”, mainly discussing on the following topics: (i) How to improve our financial planning in terms of cost cutting and income generation;

(ii) How to accelerate and continue the pace of our secretariat's transformation and skill

upgrading so to realise their full potential;

(iii) How to increase our presence and influence in government and among trade

associations;

(iv) How to expand our penetration & leadership among youth entrepreneurs;

(v) How to enhance values to chamber's members and businesses community; and

(vi) How to assist and support our members to innovate, transform, survive this pandemic

and continue to be strong.

89


Honorary Life Presidents : Tan Sri Dato’ Lim Guan Teik

Tan Sri Datuk Seri Utama William Cheng Heng Jem

Tan Sri Datuk Ter Leong Yap

Honorary Presidents : Dato’ Lim Kok Cheong

Tan Sri Dato’ Seri Lee Oi Hian

Dr. Chia Song Kun

Tan Sri Dato’ Lim Kuang Sia

Dato’ Lee Yeow Chor

Advisers : Mr. Mew Jin Seng

Dr. Yeong Yue Chai

Mr. Sung Siew Thong

Datuk Chareon S. Tang Whye Aun

Datuk David Chua

Mr. Tan Kai Hee*

Mr. Khoo Ee Ping

President : Datuk Ng Yih Pyng (4/4)**

Deputy President : Mr. Michael Chai Woon Chew (4/4)

Vice President cum Chairman, Construction, Property and

Infrastructure Committee

: Tan Sri Dato’ Teo Chiang Kok (3/4)

Vice Presidents : Dato’ Lim Kiam Lam (2/4)

Dato’ Tan Tian Meng (4/4)

Puan Sri Chelsia Chan Chau Ha (4/4)

Dato’ Liaw Choon Liang (4/4)

Hon. Secretary General : Mr. Foo Kooi Siong (4/4)

Hon. Treasurer cum Chairman, Malaysia-China Economic, Trade

& Investment Promotion Committee

: Datuk Wira Lim Chiun Cheong (3/4)

Deputy Hon. Secretary General I : Mr. Tan Kar Peng (4/4)

Deputy Hon. Secretary General II : Datuk Albert Chiang Heng Kieng (4/4)

Deputy Hon. Treasurer : Mr. Chua Ngeun Lok (4/4)

Chairman, International Trade and Industry Committee : Dato’ Dr. Andy Seo Kian Haw (4/4)

Chairperson, Commerce Committee : Mdm. Shirley Tay Bee Koo (4/4)

Chairman, Legal Committee : Mr. Chong Jee Min (4/4)

Chairman, Human Resources Development Committee : Mr. Gan Boon Khim (3/4)

Chairman, Environmental, Social and Governance Committee : Mr. Teoh Kok Lin (4/4)

Chairman, Finance and Capital Market Committee : Mr. Lee Yew Chen (2/4)

Chairman, Tourism Industry Committee : Mr. Gan Chooi Yang (Yanki Regan) (4/4)

Chairman, Agriculture & Primary Industries Committee : Mr. Jeffrey Choong Wong Thiam (3/4)

90

Chairman, Small and Medium Enterprises (SMEs) Committee : Mr. Chin Chee Seong (4/4)

Chairman, Digital Economy Committee : Mr. Effon Khoo Giok Hong (3/4)

Chairperson, Women Entrepreneurs Committee : Mdm. Liew Su Fei (4/4)

Chairman, National Unity Committee : Datuk Wira Richard Lau Chi Chiang (4/4)

Chairman, Culture & Education Committee : Mr. Soong Wing Hong (4/4)

Chairman, Welfare Committee : Dato’ Barry Ong Thai Hean (4/4)

Chairman, Young Entrepreneurs Committee : Mr. Choong Pin Hoong (4/4)

Chairman, Branding Strategy and Membership Drive Committee : Mr. Chong Khai Siang (4/4)

Deputy Chairman, International Trade and Industry Committee

cum Human Resources Development Committee

: Mr. John Chai Jone Fuu (4/4)

Deputy Chairperson, Commerce Committee : Ms. Ng Yee Kim (4/4)

Deputy Chairman, Tourism Industry Committee : Mr. Wilfred Wong Vui Hiung (3/4)

Deputy Chairman, Agriculture & Primary Industries Committee : Mr. Benedict Lim Chin Khian (3/4)

Deputy Chairman, Malaysia-China Economic, Trade & Investment

Promotion Committee

: Datuk Chan Mung Bong (4/4)

Deputy Chairman, National Unity Committee : Mr. Chan Kah Hui (4/4)

Deputy Chairman, Culture & Education Committee : Mr. Lim Kim Kow (4/4)

Deputy Chairman, Welfare Committee : Mr. Chow Kwok Kow (4/4)

Council Members : Tan Sri Dato’ Soong Siew Hoong (0/4)

Dato' Tay Sim Kim (3/4)

Dato’ Ng Hook (3/4)

Dato’ Ng Wee Yiew (3/4)

Dato’ Lim Tai Soon (3/4)

Dato’ Tan Chee Chuan (1/4)

Datuk Chua Sai Men (2/4)

Mr. Bill Lee Boon Piau (4/4)

Dato’ Lim Seng Kok (4/4)

Datuk Simon Kwan Hoong Wai (1/1)

Remarks: * Mr. Tan Kai Hee passed away on 22nd February 2022. ** The above is the Attendance Record from July 2021 to December 2021.

Deputy Chairman, International Trade and Industry Committee : Mr. Steven Tan Yaw Bin (2/2)

Deputy Chairman, Legal Committee : Mr. David Hoh Foo Fah (0/1)

Deputy Chairperson, Environmental, Social and Governance Committee : Ms. Jennifer Leong Shu Mei (1/2)

Deputy Chairmen, Construction, Property and Infrastructure Committee : Ir. Ong Choon Hock

Ir. Tan Ching Meng

(0/2)

(2/2)

Deputy Chairmen, Finance and Capital Market Committee : Mr. Chang Wai Hoong

Mr. Yap Kong Meng

(2/2)

(1/1)

Deputy Chairman, Small and Medium Enterprises (SMEs) Committee : Mr. Eng Kin Hoong (2/2)

Deputy Chairmen, Digital Economy Committee : Mr. Lim Kok Hing

Dato’ Eric Ku Yee Fei

(1/2)

(2/2)

Deputy Chairperson, Women Entrepreneurs Committee : Mdm. Chen Lee Lian (2/2)

Deputy Chairpersons, Young Entrepreneurs Committee : Ms. Miccele Siow Lee Ching

Mr. Dominic Tan Pei Wei

(2/2)

(2/2)

91

List of Committee Members (as at 31-12-2021) 1. General Affairs Committee Advisers : Datuk Ng Yih Pyng Mr. Michael Chai Woon Chew

Tan Sri Dato' Teo Chiang Kok Dato' Lim Kiam Lam

Dato’ Tan Tian Meng Puan Sri Chelsia Chan Chau Ha

Dato’ Liaw Choon Liang

Honorary Secretary General : Mr. Foo Kooi Siong

Deputy Honorary Secretary General I : Mr. Tan Kar Peng

Deputy Honorary Secretary General II : Datuk Albert Chiang Heng Kieng

Members : Datuk Wira Lim Chiun Cheong Mr. Chua Ngeun Lok Dato’ Tay Sim Kim Dato' Ng Hook 2. Financial Planning Committee Advisers : Dato' Lim Kiam Lam Dato’ Liaw Choon Liang

Dato’ Tay Sim Kim Dato' Ng Hook

Honorary Treasurer : Datuk Wira Lim Chiun Cheong

Deputy Honorary Treasurer : Mr. Chua Ngeun Lok

Members : Mr. Foo Kooi Siong Mr. Tan Kar Peng

Mr. Teoh Kok Lin Mr. Gan Chooi Yang (Yanki Regan)

Mr. Effon Khoo Giok Hong

3. International Trade and Industry Committee Advisers : Dato’ Lim Kiam Lam Mr. Gan Boon Khim

Tan Sri Dato’ Dr. Soong Siew Hoong

Chairman : Dato’ Dr. Ir. Andy Seo Kian Haw

Deputy Chairmen : Mr. John Chai Jone Fuu Mr. Steven Tan Yaw Bin

Members : Datuk Chan Mung Bong Dato’ Ng Wee Yiew

Dato’ Lim Seng Kok Mr. Bill Lee Boon Piau

Mr. Timmy Au Kah Khiong Mr. Chong Fu Seong

Mr. Sam Thang Foo Woon Mr. Michael Cheng Ping Kwee

Mdm. Goh Kui Lian Ms. Penny Wong Poh Chee

Mr. Alvin Choo Joon Chuan Mr. Jackal Cheng Siang Wee

Mr. Hiew Kok Leong Mr. Chan Alex

Mr. Harry Wong Yoong Chieng

4. Commerce Committee Advisers : Dato’ Liaw Choon Liang Datuk Albert Chiang Heng Kieng

Dato’ Tay Sim Kim

Chairperson : Mdm. Shirley Tay Bee Koo

Deputy Chairperson : Ms. Ng Yee Kim

Members : Mr. Bill Lee Boon Piau Mr. Sam Cheong Chin Tai

Dato’ Grace Lee Yan Yan Datuk Tan Chong Guan

Mr. Yee Mei Ken Dato’ Winnie Lim

Dr. Gan Seng Kian Mr. Keoy Soo Earn

92

5. Legal Committee Advisers : Datuk Chareon S. Tang Whye Aun Mr. Michael Chai Woon Chew Mr. Tan Kar Peng Chairman : Mr. Chong Jee Min Deputy Chairman : Mr. David Hoh Foo Fah Members : Mr. Gan Koon Ghee Ms. Lua Ai Siew Mr. Andy Tan Kai Sin Mr. Addy Herg Mr. Dominic Tan Pei Wei 6. Human Resources Development Committee Chairman : Mr. Gan Boon Khim Deputy Chairman : Mr. John Chai Jone Fuu Members : Mr. Jeffrey Choong Wong Thiam Datuk Wira Richard Lau Chi Chiang Mr. Boo Chaung Choon Mr. Chang Yoong Choon

Ms. Foo Meow Yee Mr. William Lee Chyuan Chuan

Mr. Lai Yew Kar Mr. Edmond Chow Chin Siew

Mr. Ray Teng Say Aun

7. Environmental, Social and Governance Committee Chairman : Mr. Teoh Kok Lin Deputy Chairperson : Ms. Jennifer Leong Shu Mei Members : Datuk Wira Lim Chiun Cheong Dato’ Dr. Ir. Andy Seo Kian Haw

Mr. Gan Boon Khim Mr. Effon Khoo Giok Hong

Dato’ Barry Ong Thai Hean Mr. Lim Kok Hing

Mr. Michael Greenall Mr. Teoh Way Keat

Mr. Teoh Jia Chern Mr. Kiu Jia Yaw

Ms. Yvonne Phe Kheng Peng

8. Construction, Property and Infrastructure Committee Advisers : Mr. Michael Chai Woon Chew Dato’ Lim Kiam Lam Dato’ Tan Tian Meng Chairman : Tan Sri Dato’ Teo Chiang Kok Deputy Chairmen : Ir. Ong Choon Hock Ir. Tan Ching Meng Members : Mr. Sung Siew Thong Mr. Tan Kar Peng Mr. Lee Yew Chen Datuk Wira Richard Lau Chi Chiang Datuk Simon Kwan Hoong Wai Dato’ Jeffrey Ng Chin Heng Mr. Timmy Au Kah Khiong Mr. Roxton Lim Chin Long Mr. Gerald Choong Pin Han Mr. Kio Fook Khan Ar. Lam Shen Fei Ms. Yang Dan Fui Mr. Poh Seng Chong Mr. Wong Chiew Yin Dato’ Jacky Poh Tai Yong Mr. Teoh Khiam Joo Mr. Ho Chin Soon Mr. Simon Wong Fai Tat Ms. Hong Onn Dato’ Lee Kok Hoo

93

9. Finance and Capital Market Committee Advisers : Tan Sri Dato’ Teo Chiang Kok Puan Sri Chelsia Chan Chau Ha Chairman : Mr. Lee Yew Chen Deputy Chairmen : Mr. Chang Wai Hoong Mr. Yap Kong Meng Members : Mr. Eng Kin Hoong Dato’ Eric Ku Yee Fai Dato’ Christopher Chan Choun Sien Mr. Steven Tong Ji Long Mr. Keoy Soo Earn Ms. Elsa Chen Mong Yin Mr. Tan Yap Seng Ms. Serena Cheng Hui Ya Ms. Olivia Lim Mdm. Lau Su Chean Mdm. Patrine Thoong Lay Ting Mr. Shahrin Sharil Mr. Tan Hock Chye Mr. Alan Tan Chee Lun 10. Tourism Industry Committee Chairman : Mr. Gan Chooi Yang (Yanki Regan) Deputy Chairman : Mr. Wilfred Wong Vui Hiung Members : Datuk Albert Chiang Heng Kieng Datuk Chan Mung Bong Dato’ Tay Sim Kim Mr. Jason Ow Yeang Yuan Kheng Mr. Danny Goh Mr. Nick Ng Datuk Ada Poon Yin Hoong Mr. Johann Ong

11. Agriculture and Primary Industries Committee Adviser : Mr. Ng Chee Len Chairman : Mr. Jeffrey Choong Wong Thiam Deputy Chairman : Mr. Benedict Lim Chin Khian Members : Datuk Wira Richard Lau Chi Chiang Dato’ Ng Wee Yiew Dr. Chee Kheng Hoy Datuk Jeffrey Ng Choon Ngee Dr. Ong Kim Chong Mr. Jayden Lim Wee Yen Mr. Woo Mun Chee Mr. Chay Ee Mong Mr. Wong Yoon Bing Mr. Tan Chun Hung Mr. Allen Lim Mau Soon Mr. Kenson Lai Chit Chuan Mr. Edmond Chow Chin Siew Mr. Lai Seow Pheng Mr. Heng Chang Hooi Ms. Lee Sin Yee Ms. Eugenie Wee Pek Ling

12. Small and Medium Enterprises (SMEs) Committee

Adviser : Dato’ Liaw Choon Liang Chairman : Mr. Chin Chee Seong Deputy Chairman : Mr. Eng Kin Hoong Members : Ms. Ng Yee Kim Datuk Chan Mung Bong Mr. Chan Kah Hui Dato’ Ng Wee Yiew Mr. Chang Wai Hoong Dato’ Eric Ku Yee Fei Datuk Teoh Eng Kee Mr. Andy Oh Ah Hock Mr. Seak Thean Pow Mr. Ng Kong Leng Mr. Hiew Kok Leong Mr. Harry Wong Yoong Chieng Mr. Robin Hoo Swee Ping Mr. Wilson Low Min Yew Ms. Louise Chay Ms. Elsa Chen Mong Yin Dato’ Alfred Soh Choon Meng Ms. Amy Seok

94

13. Digital Economy Committee

Adviser : Mr. Teoh Kok Lin Chairman : Mr. Effon Khoo Giok Hong Deputy Chairmen : Mr. Lim Kok Hing Dato’ Eric Ku Yee Fei Members : Mr. John Chai Jone Fuu Mr. Yeoh Chen Chow Mr. Ng Kong Leng Mr. Wong Whei Meng Mr. Isaac Wong Neng Chieh Mr. Cheong Jin Xi Mr. Bryan Soong Tze Yuen Mr. Tham Lih Chung Mr. Paul Low Kung Ling Ms. Tan Mei Xuan Mr. Wong Shau Meng Mr. Tan Aik Keong Ms. Stephanie Ping Ms. Pennie Lim Pei Ni Mr. Jeremy Nyon Ming Yew

14. Women Entrepreneurs Committee

Adviser : Puan Sri Chelsia Chan Chau Ha Chairperson : Mdm. Liew Su Fei Deputy Chairperson : Mdm. Chen Lee Lian Members : Mdm. Penny Wong Poh Chee Mdm. Ruby Siah Shiew Keng Dato’ Sydney Tan Ms. Xelia Tong Ms. Yap Sue Yii Mdm. Michelle Lee Mei Tze Ms. Eugenie Wee Pek Ling Ms. Vin Tay Siao Jing Ms. Tracy Low 15. Malaysia-China Economic, Trade and Investment Promotion Committee Advisers : Mr. Michael Chai Woon Chew Dato’ Tan Tian Meng Mr. Khoo Ee Ping Chairman : Datuk Wira Lim Chiun Cheong Deputy Chairman : Datuk Chan Mung Bong Members : Mr. Gan Boon Khim Mr. Chin Chee Seong Mr. Lim Kim Kow Dato’ Lim Seng Kok Mr. Lim Hao Chieh 16. National Unity Committee Advisers : Dato’ Tan Tian Meng Dato’ Tay Sim Kim Chairman : Datuk Wira Richard Lau Chi Chiang Deputy Chairman : Mr. Chan Kah Hui Members : Mr. Wilfred Wong Vui Hiung Mr. Lim Kim Kow Mr. Dave Lim Keat Hin Mr. Tai Chin Peow Mr. Danner Ong Eow Hong Mr. Kevin Chang Chung Hua Mr. Vincent Cheong Vin Hong Dr. Frank Lin Yong Tong Mr. Tseng Seng Guan Mr. Sunny Tong San Gin Mdm. Yow Cheng Mei Mr. Lai Kong Yong Mr. Chin Kok Tian

95

17. Culture and Education Committee Advisers : Mr. Khoo Ee Ping Mr. Chua Ngeun Lok Dato’ Lim Tai Soon Chairman : Mr. Soong Wing Hong Deputy Chairman : Mr. Lim Kim Kow Members : Mdm. Liew Su Fei Dato’ Ng Wee Yiew Dato’ Eric Ku Yee Fei Dr. Chua Siew Kiat Mr. Tan Choon Hok 18. Welfare Committee Advisers : Mr. Sung Siew Thong Mr. Foo Kooi Siong Dato’ Ng Wee Yiew Chairman : Dato’ Barry Ong Thai Hean Deputy Chairman : Mr. Chow Kwok Kow Members : Mr. Jeffrey Choong Wong Thiam Mr. Soong Wing Hong Mr. Dave Lim Keat Hin Puan Sri Datin Chang Yow Fang Mr. Vincent Cheong Vin Hong Ms. Chriss Chia Pei Wah Mr. Kevin Chang Chung Hua Ms. Irean Foo Woon Yoong Dato’ William Lim Tien Siong 19. Young Entrepreneurs Committee Adviser : Datuk Ng Yih Pyng Chairman : Mr. Choong Pin Hoong Deputy Chairpersons : Ms. Miccele Siow Lee Ching Mr. Dominic Tan Pei Wei Executive : Mdm. Liew Su Fei Mr. Chong Khai Siang Committee Mr. John Chai Jone Fuu Mr. Vincent Cheong Vin Hong Mr. Sam Thang Foo Woon Ar. Lam Shen Fei Mdm. Veronica Cheong Chi Wei Mr. Jerold Yap Hock Lai Mr. Chris Leong Yew Chong Ms. Eugenie Wee Pek Ling Datuk Ada Poon Yin Hoong Mdm. Tan Yin Loo Mr. Alvin Choo Joon Chuan Mr. Lee Teng Yong Mr. Chan Alex Mr. Ong Kian Tack Mr. Chia Kok Wai Mr. Vincent Lee Wei Sing

Mdm. Hah Cheau Jiuan Mr. Kelvin Chew Loong Jin

Mr. Quincy Tan Jin Hong Ms. Masinne Yup Ming Fon

20. Branding Strategy and Membership Drive Committee Chairman : Mr. Chong Khai Siang Members : Mr. Effon Khoo Giok Hong Mdm. Liew Su Fei Mr. Choong Pin Hoong Mr. John Chai Jone Fuu Mr. Bryan Chew Kian Hong

KLSCCCIFinancial Statements

2021

96

THE CHINESE CHAMBER OF COMMERCE AND

INDUSTRY OF KUALA LUMPUR AND SELANGOR

CONSOLIDATED FUND

CONTENTS

PAGE

STATEMENT BY THE COUNCIL

97

INDEPENDENT AUDITORS’ REPORT 98 - 100

STATEMENT OF FINANCIAL POSITION 101

STATEMENT OF INCOME AND EXPENDITURE 102 - 104

STATEMENT OF CASH FLOWS 105 - 106

NOTES TO THE FINANCIAL STATEMENTS 107 - 125

97



CONSOLIDATED FUND

STATEMENT BY THE COUNCIL

In the opinion of the Council, the financial statements set out on pages 101 to 125 have been drawn up in accordance with Malaysian Private Entities Reporting Standard so as to give a true and fair view of the financial position of the Consolidated Fund of the Chamber as at 31 December 2021 and of its income and expenditure and cash flows of the Consolidated Fund of the Chamber for the financial year then ended.

On behalf of the Council,

…….……………..…………………… …….…………........………………………

PRESIDENT HONORARY SECRETARY GENERAL

DATUK NG YIH PYNG FOO KOOI SIONG

…………………………………....……

HONORARY TREASURER

DATUK WIRA LIM CHIUN CHEONG

Kuala Lumpur

15 March 2022

98

Tel : +603 2616 2888

Fax : +603 2616 3190 / 3191

www.bdo.my

Level 8

BDO @ Menara CenTARa

360 Jalan Tuanku Abdul Rahman

50100 Kuala Lumpur

Malaysia

INDEPENDENT AUDITORS’ REPORT

TO THE MEMBERS OF THE CHINESE CHAMBER OF

COMMERCE AND INDUSTRY OF KUALA LUMPUR AND SELANGOR

- CONSOLIDATED FUND

Report on the Audit of the Financial Statements

Opinion

We have audited the financial statements of Consolidated Fund of the Chinese Chamber of Commerce and Industry of Kuala Lumpur and Selangor (“the Chamber”), which comprise the statement of financial position as at 31 December 2021 of the Consolidated Fund of the Chamber, its statement of income and expenditure, and statement of cash flows of the Consolidated Fund of the Chamber for the financial year then ended, and notes to the financial statements, including a summary of significant accounting policies, as set out on pages 101 to 125.

In our opinion, the accompanying financial statements give a true and fair view of the financial position of Consolidated Fund of the Chamber as at 31 December 2021, and of its financial performance and its cash flows for the financial year then ended in accordance with Malaysian Private Entities Reporting Standard (“MPERS”).

Basis for Opinion

We conducted our audit in accordance with approved standards on auditing in Malaysia and International Standards on Auditing (“ISAs”). Our responsibilities under those standards are further described in the Auditors’ Responsibilities for the Audit of the

Financial Statements section of our report. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Independence and Other Ethical Responsibilities

We are independent of the Chamber in accordance with the By-Laws (on Professional

Ethics, Conduct and Practice) of the Malaysian Institute of Accountants (“By-Laws”) and the International Ethics Standards Board for Accountants’ International Code of Ethics for Professional Accountants (including International Independence Standards) (“IESBA Code”), and we have fulfilled our other ethical responsibilities in accordance with the By-Laws and the IESBA Code.

Council Members’ Responsibility for the Financial Statements

The Council Members of the Chamber are responsible for the preparation of financial statements of Consolidated Fund of the Chamber that give a true and fair view in accordance with MPERS. The Council Members are also responsible for such internal control as the Council Members determine are necessary to enable the preparation of financial statements of the Chamber that are free from material misstatement, whether due to fraud or error.

BDO PLT (LLP0018825-LCA & AF 0206), Chartered Accountants, a Limited liability partnership, is a member of BDO International Limited, a UK

company limited by guarantee, and forms part of the international BDO network of independent member firms.

99

INDEPENDENT AUDITORS’ REPORT TO THE MEMBERS OF THE CHINESE CHAMBER OF


- CONSOLIDATED FUND (continued)

Report on the Audit of the Financial Statements (continued) Council Members’ Responsibility for the Financial Statements (continued)

In preparing the financial statements of Consolidated Fund of the Chamber, the Council Members are responsible for assessing the Chamber’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the Council Members either intend to liquidate the Chamber, or to cease operations, or has no realistic alternative but to do so. Auditors’ Responsibilities for the Audit of the Financial Statements Our objectives are to obtain reasonable assurance about whether the financial statements of Consolidated Fund of the Chamber as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditors’ report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with approved standards on auditing in Malaysia and ISAs will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements. As part of an audit in accordance with approved standards on auditing in Malaysia and ISAs, we exercise professional judgement and maintain professional scepticism throughout the audit. We also: (a) Identify and assess the risks of material misstatement of the financial statements of

Consolidated Fund of the Chamber, whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control.

(b) Obtain an understanding of internal control relevant to the audit in order to design

audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the internal control of the Chamber.

(c) Evaluate the appropriateness of accounting policies used and the reasonableness of

accounting estimates and related disclosures made by the Council Members.

100

INDEPENDENT AUDITORS’ REPORT

TO THE MEMBERS OF THE CHINESE CHAMBER OF


- CONSOLIDATED FUND (continued)

Report on the Audit of the Financial Statements (continued) Auditors’ Responsibilities for the Audit of the Financial Statements (continued) As part of an audit in accordance with approved standards on auditing in Malaysia and

ISAs, we exercise professional judgement and maintain professional scepticism

throughout the audit. We also: (continued)

(d) Conclude on the appropriateness of Council Members’ use of the going concern basis of accounting and, based on the audit evidence obtained, whether a material uncertainty exists related to events or conditions that may cast significant doubt on the Chamber’s ability to continue as a going concern. If we conclude that a material uncertainty exists, we are required to draw attention in our auditors’ report to the related disclosures in the financial statements of Consolidated Fund of the Chamber or, if such disclosures are inadequate, to modify our opinion. Our conclusions are based on the audit evidence obtained up to the date of our auditors’ report. However, future events or conditions may cause the Chamber to cease to continue as a going concern.

(e) Evaluate the overall presentation, structure and content of the financial statements of

Consolidated Fund of the Chamber, including the disclosures, and whether the financial statements of Consolidated Fund of the Chamber represent the underlying transactions and events in a manner that achieves fair presentation.

We communicate with the Council Members regarding, among other matters, the planned scope and timing of the audit and significant audit findings, including any significant deficiencies in internal control that we identify during our audit. Other Matters This report is made solely to the Members of the Chamber, as a body, and for no other purpose. We do not assume responsibility to any other person for the content of this report.

BDO PLT

LLP0018825-LCA & AF 0206

Chartered Accountants

Kuala Lumpur

15 March 2022

101



CONSOLIDATED FUND

STATEMENT OF FINANCIAL POSITION

AS AT 31 DECEMBER 2021

2021 2020 Note RM RM ASSETS Non-current asset Property, plant and equipment 6 3,779,884 4,371,611 Current assets Trade and other receivables 7 1,239,737 1,266,495 Current tax assets - 5,917 Fixed deposits with licensed banks 8 1,684,353 1,904,683 Cash and bank balances 8 817,386 184,141 3,741,476 3,361,236 TOTAL ASSETS 7,521,360 7,732,847

ACCUMULATED FUND AND LIABILITIES ACCUMULATED FUND Accumulated surplus 9 1,475,304 1,773,666 Building fund 10 4,033,878 4,033,878 Donation fund 11 866,000 866,000 6,375,182 6,673,544 Non-current liabilities Hire purchase and lease creditors 13 - 2,183 Current liabilities Sundry payables, deposits and accruals 12 1,092,311 1,026,155 Current accounts with Council Members - advertisement

20,622

5,298

Current tax liabilities 33,245 - Hire purchase and lease creditors 13 - 25,667 1,146,178 1,057,120 TOTAL LIABILITIES 1,146,178 1,059,303 TOTAL ACCUMULATED FUND AND LIABILITIES

7,521,360

7,732,847

The accompanying notes form an integral part of the financial statements.

102



CONSOLIDATED FUND

STATEMENT OF INCOME AND EXPENDITURE

FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2021

2021 2020 Note RM RM

INCOME

Chinese New Year donation 17,320 42,400 Donation received 65,008 47,350 Fees received from certificate of origin 31,450 34,175 Interest on fixed deposits and money market deposits 33,401 58,071 Mahua Literature Award 4,702 5,596 Management fees received for maintaining Wisma Chinese Chamber

290,226

290,226

Members entrance fees 11,400 8,100 Parking fees 151,949 189,242 Rental income 273,165 294,006 Subscriptions 414,542 798,997 Sundry income 78,340 71,173 Surplus from other activities 14 1,391,741 388,093

2,763,244 2,227,429 LESS: EXPENDITURE

Advertisement (1,092) (975) Annual General Meeting expenses 4,007 2,832 Auditors’ remuneration - current year 13,500 13,500 Bank charges 2,323 2,031 Cleaning charges 9,000 9,640 Computer expenses 5,650 3,506

Consultation services of ISO 9001:2015 2,120 1,590 Contribution to The Associated Chinese Chambers of Commerce and Industry of Malaysia (“ACCCIM”)

70,000

70,000

Depreciation of property, plant and equipment 6 666,459 663,005 Donations to: Central Welfare Council of Malaysia 3,000 2,000 Malaysian Chinese Medical Association Free Medical Aid Department 3,000 2,000 Hospis Malaysia 3,000 2,000 Kasih Hospice Foundation 3,000 2,000 Masjid Jamek Kampong Bharu 3,000 -

Malaysian Association for the Blind 3,000 2,000

Balance carried forward 789,967 775,129

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CONSOLIDATED FUND


FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2021 (continued)

2021 2020

Note RM RM

LESS: EXPENDITURE

Balance brought forward 789,967 775,129

Donations to: (continued)

Malaysian Red Crescent Society 3,000 2,000

Pemegang Amanah Yayasan Kebajikan SSL Strok

dan Pembangunan Masyarakat Berdaftar

3,500

2,500

Pertubuhan Kebajikan Siri Jayanti 3,000 1,000

Pertubuhan Pendidikan Anak-anak Yatim Selangor 2,000 2,000

Pertubuhan Perkhidmatan Sosial dan Pembangunan

Komuniti Daerah Gombak, Selangor (PSPK)

18,550

10,800

Selangor and Federal Territory Association for

for the Mentally Handicapped

3,500

2,500

Selangor Cheshire Home 3,000 2,000

Shepherd’s Centre Foundation 3,000 2,000

Taiwan Buddhist Tzu-Chi Foundation Malaysia - 20,000

Tung Shin Hospital 4,500 3,500

Yayasan Sin Chew 70,500 -

Donation of medical gloves to China - 34,800

Employees’ provident fund 16 137,242 141,583

Employment Insurance System 16 1,496 1,542

Hari Raya ang pow 1,290 1,980

Impairment loss on other receivables 7 - 50,000

Insurance premium 35,976 37,067

Interest expense on hire purchase 824 2,002

KLSCCCI necktie/scarf/t-shirt (742) (318)

Maintenance of office equipment 6,811 8,839

Medical fees 2,167 3,051

Messing 670 2,158

Newspaper and periodicals 844 2,813

Overtime allowance 730 2,223

Postages 7,772 21,213

Printing and stationery 7,860 34,125

Professional fees - 9,232

Property, plant and equipment written off 6 558 -

Quit rent and assessment 141,684 141,684

Salaries and bonus 16 1,096,795 1,147,377

Scholarship 87,250 103,850

Scholarship processing expenses - 738

Balance carried forward 2,433,744 2,569,388

104



CONSOLIDATED FUND



2021 2020

Note RM RM

LESS: EXPENDITURE

Balance brought forward 2,433,744 2,569,388

Service charges for maintenance of building 355,437 355,437

Sewerage charges 10,779 10,185

SOCSO 16 13,698 14,478

Staff refreshment - 84

Staff welfare 73,622 39,236

Subscription to associations 3,000 3,000

Sundry expenses 15,763 12,182

Tax agent’s fees 4,569 4,569

Telephone and fax 11,886 11,793

Transport expenses 3,609 3,837

Token of appreciation 12,655 -

Upkeep and maintenance of building - 1,293

Upkeep of motor vehicle 2,791 2,497

Water and electricity 74,426 83,371

3,015,979 3,111,350

DEFICIT BEFORE TAXATION (252,735) (883,921)

TAXATION 15 (45,627) 1,563

DEFICIT FOR THE FINANCIAL YEAR (298,362) (882,358)


105



CONSOLIDATED FUND

STATEMENT OF CASH FLOWS

FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2021

2021 2020

Note RM RM

CASH FLOWS FROM OPERATING ACTIVITIES

Deficit before taxation (252,735) (883,921)

Adjustments for:

Depreciation of property, plant and equipment 6 666,459 663,005

Impairment loss on other receivables 7 - 50,000

Interest income (33,401) (58,071)

Interest expense on hire purchase 824 2,002

Property, plant and equipment written off 6 558 -

Operating surplus/(deficit) before working capital

changes

381,705 (226,985)

Decrease/(Increase) in trade and other

receivables

26,758 (444)

Increase/(Decrease) in sundry payables, deposits,

accruals and current accounts with Council

Members - advertisement

81,480 (87,599)

Cash generated from/(used in) operations 489,943 (315,028)

Tax paid (6,465) (7,763)

Tax refunded - 56,186

Net cash from/(used in) operating activities 483,478 (266,605)

CASH FLOWS FROM INVESTING ACTIVITIES

Interest received 33,401 58,071

Purchase of property, plant and equipment 6 (75,290) (8,050)

Withdrawal of fixed deposits with licensed

banks with maturity of more than three (3) months

8

290,114

268,380

Net cash from investing activities 248,225 318,401

106



CONSOLIDATED FUND

STATEMENT OF CASH FLOWS


2021 2020

Note RM RM

CASH FLOWS FROM FINANCING ACTIVITIES

Repayments of hire purchase and lease creditors (27,850) (24,434)

Interest paid on hire purchase (824) (2,002)

Net cash used in financing activities (28,674) (26,436)

Net increase in cash and cash equivalents 703,029 25,360

Cash and cash equivalents at beginning of financial

year

454,023 428,663

Cash and cash equivalents at end of financial year 8 1,157,052 454,023


107



CONSOLIDATED FUND

NOTES TO THE FINANCIAL STATEMENTS

31 DECEMBER 2021

1. GENERAL INFORMATION

The Chamber is registered under the Societies Act, 1966 and domiciled in Malaysia. The registered address and principal place of meeting of the Chamber is at 7th Floor, Wisma Chinese Chamber, No. 258, Jalan Ampang, 50450 Kuala Lumpur. The financial statements are presented in Ringgit Malaysia (“RM”), which is also the functional currency of the Chamber.

2. PRINCIPAL OBJECTIVES The principal objectives of the Chamber are as follows:

2.1 to promote the interest of the members in the fields of commerce, industries,

mining, agriculture, professional services and other lawful business; 2.2 to promote social, cultural, educational and welfare works; 2.3 to arbitrate in commercial disputes, to promote stable market conditions, to

strengthen the unity in the commercial and industrial communities and to participate in and contribute towards the economic development of Malaysia; and

2.4 to work closely with such other registered societies having objectives similar to

those of the Chamber by way of mutual assistance and cooperation towards the attainment of the aforesaid objectives.

3. BASIS OF PREPARATION OF THE FINANCIAL STATEMENTS

The financial statements of Consolidated Fund of the Chamber have been prepared in accordance with Malaysian Private Entities Reporting Standard (“MPERS”) in Malaysia.

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CONSOLIDATED FUND

4. SIGNIFICANT ACCOUNTING POLICIES

4.1 Basis of accounting

The financial statements of the Consolidated Fund of the Chamber have been prepared under the historical cost convention except as otherwise stated in the financial statements. The preparation of financial statements in conformity with MPERS requires the Council Members to make estimates and assumptions that affect the reported amounts of assets, liabilities, income and expenditure and disclosures of contingent assets and liabilities. In addition, the Council Members are also required to exercise their judgements in the process of applying the accounting policies. The areas involving such judgements, estimates and assumptions are disclosed in Note 5 to the financial statements. Although these estimates and assumptions are based on the Council Members’ best knowledge of events and actions, actual results could differ from those estimates.

4.2 Property, plant and equipment and depreciation

All items of property, plant and equipment are initially measured at cost. Cost includes expenditure that is directly attributable to the acquisition of the asset. Subsequent costs are included in the asset’s carrying amount or recognised as a separate asset, as appropriate, only when the cost is incurred and it is probable that the future economic benefits associated with the asset would flow to the Chamber and the cost of the asset can be measured reliably. The carrying amount of parts that are replaced is derecognised. The costs of the day-to-day servicing of an item property, plant and equipment are recognised in the statement of income and expenditure in the period in which the costs are incurred. Cost also comprises the initial estimate of dismantling and removing the asset and restoring the site on which it is located for which the Chamber is obliged to incur when the asset is acquired, if applicable. For major component of an item of property, plant and equipment which have significantly different patterns of consumption of economic benefits, the initial cost of the asset shall be allocated to its major components and depreciate each such component separately over its useful life. After initial recognition, property, plant and equipment except for freehold land are stated at cost less accumulated depreciation and any accumulated impairment losses. Freehold land has unlimited useful life and therefore is not depreciated. Depreciation of property, plant and equipment is calculated to write off the cost of the assets to their residual values on a straight line basis over their estimated useful lives. The principal depreciation rates are as follows:

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CONSOLIDATED FUND

4. SIGNIFICANT ACCOUNTING POLICIES (continued)

4.2 Property, plant and equipment and depreciation (continued)

Building 2% Furniture, fittings and equipment 10% Motor vehicle 20% Electrical fittings and appliances 20% Renovation 20% Computer 20% The residual values, useful lives and depreciation method are reviewed at the end of each financial year to ensure that the amount, method and period of depreciation are consistent with previous estimates and the expected pattern of consumption of the future economic benefits embodied in the items of property, plant and equipment. If expectations differ from previous estimates, the changes are accounted for as a change in accounting estimate. The carrying amount of an item of property, plant and equipment is derecognised on disposal or when no future economic benefits are expected from its use or disposal. The difference between the net disposal proceeds, if any, and the carrying amount is included in the statement of income and expenditure.

4.3 Impairment of non-financial assets

The carrying amount of assets, except for financial assets, are reviewed at the

end of each reporting period to determine whether there is any indication of

impairment. If any such indication exists, the asset’s recoverable amount is

estimated.

The recoverable amount of an asset is estimated for an individual asset. Where it

is not possible to estimate the recoverable amount of the individual asset, the

impairment test is carried out on the cash generating unit (“CGU”) to which the

asset belongs.

The recoverable amount of an asset or CGU is the higher of its fair value less

cost to sell and its value in use.

In estimating value in use, the estimated future cash inflows and outflows to be

derived from continuing use of the asset and from its ultimate disposal are

discounted to their present value using a pre-tax discount rate that reflects

current market assessments of the time value of money and the risks specific to

the asset for which the future cash flow estimates have not been adjusted.

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CONSOLIDATED FUND


4.3 Impairment of non-financial assets (continued)

An impairment loss is recognised in the statement of income and expenditure

when the carrying amount of the asset of the CGU exceeds the recoverable

amount of the asset of the CGU. The total impairment loss is allocated to reduce

the carrying amount of the assets of the CGU on a pro-rata basis of the carrying

amount of each asset in the CGU.

The impairment loss is recognised in the statement of income and expenditure

immediately.

An impairment loss for assets is reversed if, and only if, there has been a change

in the estimates used to determine the assets’ recoverable amount since the last

impairment loss was recognised.

An impairment loss is reversed only to the extent that the assets’ carrying

amount does not exceed the carrying amount that would have been determined,

net of depreciation or amortisation, if no impairment loss had been recognised.

Such reversals are recognised as income immediately in the statement of

income and expenditure.

4.4 Provisions

Provisions are recognised when there is a present obligation, legal or constructive, as a result of a past event, when it is probable that an outflow of resources embodying economic benefits will be required to settle the obligation and a reliable estimate can be made of the amount of the obligation. Where the effect of the time value of money is material, the amount of a provision will be discounted to its present value at a pre-tax rate that reflects current market assessments of the time value of money and the risks specific to the liability.

Provisions are reviewed at the end of each reporting period and adjusted to reflect the current best estimate. If it is no longer probable that an outflow of resources embodying economic benefits will be required to settle the obligation, the provision will be reversed. Provisions are not recognised for future operating losses. If the Chamber has a contract that is onerous, the present obligation under the contract shall be recognised and measured as a provision.

111



CONSOLIDATED FUND


4.5 Hire purchase and lease creditors

(a) Finance lease and hire purchase

Assets acquired under finance leases and hire purchase which transfer

substantially all the risks and rewards of ownership to the Chamber are

recognised initially at amounts equal to the fair value of the leased assets or,

if lower, the present value of minimum lease payments, each determined at

the inception of the lease. The discount rate used in calculating the present

value of the minimum lease payments is the interest rate implicit in the

leases, if this is practicable to determine; if not, the incremental borrowing

rate of the Chamber is used. Any initial direct costs incurred by the

Chamber are added to the amount recognised as an asset. The assets are

capitalised as property, plant and equipment and the corresponding liability

are treated as finance lease obligations. The property, plant and equipment

capitalised are depreciated over the shorter of the lease term and its useful

life.

The minimum lease payments are apportioned between finance charges

and the reduction of the outstanding liability using the effective interest

method. The finance charges are recognised in the statement of income

and expenditure over the period of the lease term so as to produce a

constant periodic rate of interest on the remaining lease and hire purchase

liabilities.

(b) Operating lease

A lease is classified as an operating lease if it does not transfer

substantially all the risks and rewards incidental to ownership.

Lease payments under operating leases are recognised as an expense on

a straight-line basis over the lease term.

4.6 Employee benefits

(a) Short term employee benefits

Wages, salaries, social security contributions, paid annual leave, paid sick

leave, bonuses and non-monetary benefits are recognised as an expense

in the financial year when employees have rendered their services to the

Chamber.

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CONSOLIDATED FUND


4.6 Employee benefits (continued)

Short term accumulating compensated absences such as paid annual leave

are recognised as an expense when employees render services that

increase their entitlement to future compensated absences. Short term non-

accumulating compensated absences such as sick leave are recognised

when the absences occur.

Bonuses are recognised as an expense when there is a present, legal or

constructive obligation to make such payments, as a result of past events

and when a reliable estimate of the obligation can be made.

(b) Defined contribution plan

The Chamber makes contributions to a statutory provident fund and

recognises the contribution payable after deducting any contribution already

paid as a liability and as an expense in the financial year in which the

employees render their services.

4.7 Income tax

Income taxes include all domestic taxes on taxable profit. Taxes in the statement

of income and expenditure comprise current tax and deferred tax.

(a) Current tax

Current tax for current and prior periods, to the extent unpaid, is recognised

as a current tax liability. If the amount already paid in respect of current and

prior periods exceeds the amount due for those periods, the excess is

recognised as a current tax asset.

Current tax is measured at the amount the Chamber expects to pay or

recover using the tax rates and laws that have been enacted or

substantively enacted by the reporting date.

(b) Deferred tax

Deferred tax is recognised for all temporary differences, unless the deferred

tax arises from the initial recognition of an asset or liability in a transaction

which is not a business combination and at the time of transaction, affects

neither accounting profit nor taxable profit.

113



CONSOLIDATED FUND


4.7 Income tax (continued)

(b) Deferred tax (continued)

A deferred tax asset is recognised only to the extent that it is probable that

future taxable profit would be available against which the deductible

temporary differences, unused tax losses and unused tax credits can be

utilised. The carrying amount of deferred tax asset is reviewed at the end of

each reporting period. If it is no longer probable that sufficient taxable profit

would be available to allow the benefit of part or all of that recognised

deferred tax asset to be utilised, the carrying amount of the deferred tax

asset would be reduced accordingly. When it becomes probable that

sufficient taxable profit would be available, such reductions would be

reversed to the extent of the taxable profit.

Deferred tax assets and liabilities are measured at the tax rates that are

expected to apply to the year when the asset is realised or the liability is

settled, based on the tax rates and tax laws that have been enacted or

substantively enacted by the end of the reporting period.

Changes in current or deferred tax balances are recognised as an income tax

expense or credit and are recognised in the same component of comprehensive

income or equity as the transaction that resulted in the tax expense or credit.

Current tax assets and liabilities or deferred tax assets and liabilities are offset

when there is a legally enforceable right to set off current tax assets against

current tax liabilities and when the deferred income taxes relate to the same

taxation authority.

4.8 Financial instruments

A financial instrument is any contract that gives rise to a financial asset of one entity and a financial liability or equity instrument of another entity.

Financial instruments are recognised on the statement of financial position when the Chamber has become a party to the contractual provisions of the instrument. At initial recognition, a financial instrument is recognised at transaction price, including transaction costs if the financial instrument is not measured at fair value through profit or loss, except a financing transaction. Financing transactions are measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

114



CONSOLIDATED FUND


4.8 Financial instruments (continued)

(a) Basic financial instruments

Basic financial instruments include cash, receivables and payables,

commitments to receive loans that cannot be settled net in cash,

investments in non-convertible preference shares and non-puttable ordinary

or preference shares.

The financial instruments shall be measured at the end of each reporting

period without any deduction for transaction costs that may be incurred on

sale or other disposal.

Subsequent to initial recognition, debts instruments are measured at

amortised cost using the effective interest method, whilst commitments to

receive a loan are measured at cost less impairment.

A financial asset is derecognised when the contractual right to receive cash

flows from the financial asset has expired or settled.

(b) Financial liabilities

A financial liability is derecognised only when it is extinguished, i.e. when

the obligation specified in the contract is discharged, cancelled or expired.

An exchange between an existing borrower and lender of financial

instruments with substantially different terms are accounted for as an

extinguishment of the original financial liability and the recognition of a new

financial liability. Similarly, a substantial modification of the terms of an

existing financial liability is accounted for as an extinguishment of the

original financial liability and the recognition of a new financial liability.

Any difference between the carrying amount of a financial liability

extinguished or transferred to another party and the consideration paid,

including any non-cash assets transferred or liabilities assumed, is

recognised in the statement of income and expenditure.

4.9 Revenue recognition

Revenue is measured at the fair value of the consideration received or

receivable net of discounts and rebates.

115



CONSOLIDATED FUND


4.9 Revenue recognition (continued)

Revenue is recognised to the extent that it is probable that the economic

benefits associated with the transaction will flow to the Chamber, and the

amount of revenue and the cost incurred or to be incurred in respect of the

transaction can be reliably measured and specific recognition criteria have been

met for each of the Chamber’s activities as follows:

(a) Services rendered

Revenue is recognised when the services have been rendered to the

customer.

(b) Other types of fee income

Other types of fee income are recognised as it accrues, when the right to

receive such fee income is established.

(c) Interest income

Interest income is recognised as it accrues, using the effective interest

method.

(d) Rental income

Rental income is accounted for on a straight-line basis over the lease term

of an ongoing lease. The aggregate cost of incentives provided to the

lessee is recognised as reduction of rental income over the lease term on a

straight-line basis.

4.10 Contingent liabilities and contingent assets

A contingent liability is either a possible but uncertain obligation or a present

obligation that is not recognised because it is not probable that the entity will be

required to transfer economic benefits in settlement or the amount of the

obligation cannot be estimated reliably. The Chamber does not recognise a

contingent liability but discloses its existence in the financial statements unless

the possibility of outflow of resources is remote.

The Chamber does not recognise a contingent asset but discloses its existence

where the inflows of economic benefits are probable, but not virtually certain.

When future economic benefits become virtually certain, the asset is no longer

considered contingent and is recognised in the statement of financial position.

116



CONSOLIDATED FUND

5. SIGNIFICANT ACCOUNTING ESTIMATES AND JUDGEMENTS

5.1 Changes in estimates

Estimates are continually evaluated and are based on historical experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. The Council Members are of the opinion that there are no significant changes in estimates during the reporting period and at the end of the reporting period.

5.2 Critical judgement made in applying accounting policies

In the process of applying the Chamber’s accounting policies, the Council Members are of the opinion that there are no critical judgements involved that have a significant effect on the amounts recognised in the financial statements.

5.3 Key sources of estimation uncertainty

The following are key assumptions concerning the future and other key sources of estimation uncertainty at the end of each reporting period that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year.

(a) Depreciation of property, plant and equipment

The cost of property, plant and equipment is depreciated on a straight-line basis over the assets’ useful lives. Management estimates the useful lives of these property, plant and equipment as disclosed in Note 4.2 to the financial statements. These are common life expectancies applied in the industry which the Chamber operates. Changes in the expected level of usage and technological developments could impact the economic useful lives and the residual values of these assets, and therefore future depreciation charges could be revised.

(b) Impairment of receivables

The Chamber makes impairment of receivables based on an assessment of the recoverability of receivables. Impairment is applied to receivables where events or changes in circumstances indicate that the carrying amounts may not be recoverable. Management specifically analyses historical bad debts, receivables creditworthiness, current economic trends and changes in receivables payment terms when making a judgement to evaluate the adequacy of impairment of receivables. Where expectations differ from the original estimates, the differences would impact the carrying amount of receivables.

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CONSOLIDATED FUND

5. SIGNIFICANT ACCOUNTING ESTIMATES AND JUDGEMENTS (continued)

5.3 Key sources of estimation uncertainty (continued)

(c) Deferred tax assets

Deferred tax assets are recognised for all unused tax losses and

unabsorbed capital allowances to the extent that it is probable that future

taxable profits would be available against which the losses and capital

allowances could be utilised. Significant management judgement is

required to determine the amount of deferred tax assets that could be

recognised, based on the likely timing and extent of future taxable profits

together with future tax planning strategies.

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CONSOLIDATED FUND

6. PROPERTY, PLANT AND EQUIPMENT

Depreciation

Balance charge for Balance

2021 as at the financial Written as at

1.1.2021 Additions year off 31.12.2021

RM RM RM RM RM

Carrying amount

Freehold land 422,410 - - - 422,410

Building 2,803,605 - (112,144) - 2,691,461

Furniture, fittings

and equipment 58,496 61,398 (17,388) (439) 102,067

Motor vehicle 51,660 - (17,220) - 34,440

Electrical fittings

and appliances 292,985 - (146,490) - 146,495

Renovation 723,377 - (361,686) - 361,691

Computer 19,078 13,892 (11,531) (119) 21,320

4,371,611 75,290 (666,459) (558) 3,779,884

[---------------- At 31.12.2021 ---------------]

Accumulated Carrying

Cost depreciation amount

2021 RM RM RM

Freehold land 422,410 - 422,410

Building 9,637,768 (6,946,307) 2,691,461

Furniture, fittings and equipment 526,506 (424,439) 102,067

Motor vehicle 86,100 (51,660) 34,440

Electrical fittings and appliances 762,806 (616,311) 146,495

Renovation 2,057,968 (1,696,277) 361,691

Computer 188,759 (167,439) 21,320

13,682,317 (9,902,433) 3,779,884

119



CONSOLIDATED FUND

6. PROPERTY, PLANT AND EQUIPMENT (continued)

Depreciation

Balance charge for Balance

2020 as at the financial as at

1.1.2020 Additions year 31.12.2020

RM RM RM RM

Carrying amount

Freehold land 422,410 - - 422,410

Building 2,915,750 - (112,145) 2,803,605

Furniture, fittings and

equipment

75,109 - (16,613) 58,496

Motor vehicle 68,880 - (17,220) 51,660

Electrical fittings and

appliances

439,474 - (146,489) 292,985

Renovation 1,085,063 - (361,686) 723,377

Computer 19,880 8,050 (8,852) 19,078

5,026,566 8,050 (663,005) 4,371,611

[---------------- At 31.12.2020 ---------------]

Accumulated Carrying

Cost depreciation amount

2020 RM RM RM

Freehold land 422,410 - 422,410

Building 9,637,768 (6,834,163) 2,803,605

Furniture, fittings and equipment 466,266 (407,770) 58,496

Motor vehicle 86,100 (34,440) 51,660

Electrical fittings and appliances 762,806 (469,821) 292,985

Renovation 2,057,968 (1,334,591) 723,377

Computer 181,957 (162,879) 19,078

13,615,275 (9,243,664) 4,371,611

120



CONSOLIDATED FUND

7. TRADE AND OTHER RECEIVABLES

2021 2020

Note RM RM

Trade receivables

Third parties (a) 268,877 210,838

Education loans (b) 454,400 509,040

723,277 719,878

Other receivables and deposits

Other receivables 496,440 525,090

Less: Impairment loss (c) (50,000) (50,000)

Other receivables, net 446,440 475,090

Deposits 70,020 69,324

Prepayments - 2,203

1,239,737 1,266,495

(a) Trade receivables, excluding education loans, are non-interest bearing and the normal trade credit term granted by the Chamber is 30 days (2020: 30 days) from date of invoice. They are recognised at their original invoice amounts which represent their fair values on initial recognition.

(b) Education loans are granted to individuals and the repayment is on an installment basis whereby the first installment commences in the sixth (6th) month after the recipients’ graduation. Each installment amount is 10% of the total granted loan or any other amount as may be determined by the management committee, until the total loan amount is fully repaid.

Education loans are non-interest bearing and the credit term granted for each

installment by the Chamber is 30 days (2020: 30 days).

(c) Movements in the impairment allowance for other receivables are as follows:

2021 2020

RM RM

As at 1 January 50,000 -

Charge for the financial year - 50,000

As at 31 December 50,000 50,000

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CONSOLIDATED FUND

8. CASH AND CASH EQUIVALENTS

2021 2020

RM RM

Cash and bank balances 817,386 184,141

Fixed deposits with licensed banks 1,684,353 1,904,683

2,501,739 2,088,824

(a) The fixed deposits have maturity period less than 12 months and earn interest at rates from 1.50% to 2.00% (2020: 1.50% to 1.95%) per annum.

(b) For the purpose of the statement of cash flows, cash and cash equivalents comprise the following as at the end of the reporting period:

2021 2020

RM RM



2,501,739 2,088,824

Less: Fixed deposits with maturity periods

of more than three (3) months

(1,344,687)

(1,634,801)

1,157,052 454,023

9. ACCUMULATED SURPLUS

2021 2020

RM RM

Balance as at 1 January 1,773,666 2,656,024

Deficit for the financial year (298,362) (882,358)

Balance as at 31 December 1,475,304 1,773,666

10. BUILDING FUND The building fund is in respect of donations received for the acquisition and

subsequent renovation of the freehold land and construction of the building of the

Chamber, Wisma Chinese Chamber.

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CONSOLIDATED FUND

11. DONATION FUND

The donation fund is in respect of donations received for the scholarship to the students.

12. SUNDRY PAYABLES, DEPOSITS AND ACCRUALS

2021 2020

RM RM

Other payables

Other payables 62,781 90,221

Accruals 182,825 19,355

Advances received 741,826 811,700

Deposits received 104,879 104,879

1,092,311 1,026,155

13. HIRE PURCHASE AND LEASE CREDITORS

2021 2020

RM RM

Minimum hire purchase and lease payments:

- not later than one (1) year - 26,436

- later than one (1) year but not later than five (5) years - 2,192

Total minimum hire purchase and lease payments - 28,628

Less: Future interest charges - (778)

Present value of hire purchase and lease payments - 27,850

Repayable as follows:

Current liabilities:

- not later than one (1) year - 25,667

Non-current liabilities:

- later than one (1) year and not later than five (5) years - 2,183

- 27,850

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CONSOLIDATED FUND

14. SURPLUS FROM OTHER ACTIVITIES

2021 Income Expenditure Surplus

RM RM RM

Activities

Anniversary dinner 474,500 - 474,500

Berita KLSCCCI 95,540 (19,127) 76,413

Special publication of outstanding

entrepreneurs

1,000,000

(159,000)

841,000

Seminar and other activities 210,438 (210,610) (172)

1,780,478 (388,737) 1,391,741

2020 Income Expenditure Surplus

RM RM RM

Activities

Anniversary dinner 80,000 (10,000) 70,000

Berita KLSCCCI 10,860 (400) 10,460

Special publication of outstanding

entrepreneurs

300,000

(51,800)

248,200

Seminar and other activities 86,448 (27,015) 59,433

477,308 (89,215) 388,093

15. TAXATION

2021 2020

RM RM

Current tax expense 45,627 -

Over provision in prior years - (1,563)

45,627 (1,563)

(a) Malaysian income tax is calculated at the statutory tax rate of 24% (2020: 21%) of the estimated taxable profit for the fiscal year.

124

THE CHINESE CHAMBER OF COMMERCE AND INDUSTRY OF KUALA LUMPUR AND SELANGOR CONSOLIDATED FUND

15. TAXATION (continued) (b) The numerical reconciliation between the effective tax rate and the applicable tax

rate are as follows:

2021 2020 % %

Applicable tax rate (24.0) (21.0) Tax effects in respect of: Movement in deferred tax assets not recognised (16.6) 3.0 Non-allowable expenses 105.5 23.1 Non-taxable income (41.6) (5.1) Reduction in tax rate on chargeable income of up to RM100,000 (2020: RM70,000) per year (5.2) -

18.1 - Over provision in prior years - 0.2 Effective tax rate 18.1 0.2

(c) The amount of temporary differences for which no deferred tax assets have been

recognised in the statement of financial position are as follows:

2021 2020 RM RM Unabsorbed capital allowances - 27,521 Unused tax losses - Expires by 31 December 2025 - 73,396 - Expires by 31 December 2027 - 79,728 Other temporary differences (22,662) (28,190) Balance as at 31 December (22,662) 152,455

Deferred tax assets have not been recognised as it is not probable that taxable profit would be available against which the deductible temporary differences can be utilised. The amount and availability of these items to be carried forward up to the periods as disclosed above are subject to the agreement of the local tax authority.

16. EMPLOYEE BENEFITS

2021 2020 RM RM Salaries and wages 1,096,795 1,147,377 Defined contribution retirement plan 137,242 141,583 Other employee benefits 15,194 16,020 1,249,231 1,304,980

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CONSOLIDATED FUND

17. FINANCIAL INSTRUMENTS

(a) Financial instruments

2021 2020

RM RM

Financial assets

Financial assets measured at amortised cost

less impairment

Trade and other receivables, net of prepayment 1,239,737 1,264,292



3,741,476 3,353,116

Financial liabilities

Financial liabilities measured at amortised cost

Sundry payables, deposits and accruals 1,092,311 1,026,155

Hire purchase and lease creditors - 27,850

Current accounts with Council Members -

advertisement

20,622 5,298

1,112,933 1,059,303

(b) Method and assumption used to estimate fair value The fair values of financial assets and financial liabilities are determined as follows: Financial instruments that are not carried at fair value and whose carrying amounts are reasonable approximation of fair value, due to short-term nature. The carrying amounts of financial assets and liabilities, such as trade and other receivables, fixed deposits with licensed banks, cash and bank balances, sundry payables, current accounts with Council Members - advertisement, deposits and accruals, hire purchase and lease creditors are reasonable approximation of fair value due to their short-term nature.

18. AUTHORISATION FOR ISSUE OF FINANCIAL STATEMENTS

These financial statements were authorised for issue by the Council on 15 March

2022.

THE CHINESE CHAMBER OF COMMERCE & INDUSTRY OF KUALA LUMPUR & SELANGOR7th Floor, Wisma Chinese Chamber,

258, Jalan Ampang, 50450 Kuala Lumpur.Tel : 03-4253 2135 Fax : 03-4253 2520

Website : http://www.chinesechamber.org.myE-mail : [email protected]

KLSCCCI Annual Report 2021

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Transcript of KLSCCCI Annual Report 2021