Heng Siew Chiang Sdn. Bhd. (王受長有限公司) is a Malaysian company headquartered in Tawau, Malaysia. The company's business operations include wholesale and retail of foodstuffs and household supplies, import-export of agricultural commodities,[1] currency exchange[2] and plantations.
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Native name | 王受長有限公司 |
|---|---|
Company type | Private Limited Company |
| Industry | Conglomerate |
| Founded | 1948 |
| Founder | Heng Siew Chiang |
| Headquarters | Tawau, Malaysia |
Area served | Southeast Asia |
Key people |
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| Products |
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| Website | Facebook page |
History
edit1948–89: Founding and incorporation
editThe company was founded in 1948 by the late Heng Siew Chiang (1918–1978) in Tawau, North Borneo as part of his business venture in the Nanyang region after emigrating from Chaoyang, China. Originally established as “Chop Heng Siew Chiang”, it began as a modest import-export trading house and grocery store on the Dunlop Street[3] before relocating to the Belian Street where it remained until the late 1980s,[4] focused mainly on household supplies and agro-food products.
Following the formation of Malaysia, it was renamed "Kedai Heng Siew Chiang" (Malay for Heng Siew Chiang's Shop) before becoming today's incorporated "Heng Siew Chiang Sdn. Bhd." or "王受長有限公司" in Chinese since 1977.
1990–present: Change of managing director and expansions
editHeng Tiang Shin, fourth son of the late founder, by his first wife, took the reins of the family business in the early 1990s as the managing director, and has expanded the company's business segments in shipping and plantations. Having academically qualified in the UK since 1983, he was admitted as an Associate Member of the Association of Chartered Certified Accountants (ACCA) in 1986 and became Fellow Member in 1991. He is currently a member of the Malaysian Institute of Accountants (MIA).
Lawsuits and disputes
editThe company has been involved in several legal disputes.
One of the most notable cases occurred when it sued the Malaysian Government in the High Court after officers from the Paddy and Rice Regulatory Division (Malay: Bahagian Kawalselia Padi dan Beras) seized an HSC rice transshipment cargo in 2006, alleging that the shipment entered Malaysia without import licence.[5] The Malaysian Government won the case on 20 October 2009 and the presiding judge ruled that the company imported rice from Vietnam without licence and was in violation of the Control of Padi and Rice Act 1994.[6]
However, the High Court ruling was subsequently overturned by the Court of Appeal on 6 August 2012. The court unanimously held that the seizure was unlawful, as the cargo was intended for transshipment to the Philippines and Indonesia rather than importation into Malaysia. The decision was set aside, and damages were awarded to the company.[7]
References
edit- ↑ "Judgment by Yang Arif Hakim Dato Abdul Rahman Bin Sebli". The High Court of Sabah & Sarawak. 20 October 2009. Archived from the original on 3 February 2014. Retrieved 4 February 2014.
- ↑ "List of money-changing licensees". CLJ Law. 31 March 2003. Archived from the original on 1 February 2014. Retrieved 2 February 2014.
- ↑ Richard Ker (13 April 2017). "Rare old colour photos of Tawau in 1964/1965". North Borneo Historical Society. Archived from the original on 2 November 2017. Retrieved 3 November 2017.
- ↑ "Malaysia, street scene in Tawau". University of Wisconsin-Milwaukee Libraries. Archived from the original on 12 August 2020. Retrieved 26 November 2022.
- ↑ "CLJ Bulletin, Issue 2010, Vol 17". CLJ Law. 30 April 2010. Archived from the original on 24 December 2013. Retrieved 27 December 2013.
- ↑ "The High Court of Sabah & Sarawak Civil Suit No.T (21) 15 of 2007". The High Court of Sabah & Sarawak. 20 October 2009. Archived from the original on 3 February 2014. Retrieved 4 February 2014.
- ↑ "Final Judgment After Assessment of Damages". Court of Appeal of Malaysia. 23 December 2016. Archived from the original on 10 December 2025. Retrieved 26 June 2019.
External links
edit- Facebook, official corporate site