KLK awarded Malaysia’s Best Managed Companies for third consecutive year

KLK Malaysia’s Best Managed Companies in 2024 Collage

KLK has once again been recognised as one of Malaysia’s Best Managed Companies in 2024. This marks the third consecutive year we have received this honour, reflecting our Company’s organisational success and contributions to the industry. The awards ceremony took place on 22 August, at Le Meridien Kuala Lumpur.

This year was particularly special, as KLK’s Executive Chairman, Tan Sri Lee Oi Hian was invited to be a guest speaker to share his insights on “Empowering the Next Generation for Business.”

Tan Sri Lee paid tribute to his father, the late Founder Chairman Tan Sri Lee Loy Seng, during his speech. He shared his experience as a second-generation leader and how he continued to build upon his father’s legacy. Additionally, he highlighted Tan Sri Lee Loy Seng’s subtle yet impactful mentorship and shared three valuable lessons:

  1. Core Values: “Integrity, humility, loyalty.” Values that Tan Sri Lee Loy Seng lived by, which continue to guide KLK’s dominant culture of T.H.R.I.I.L.
  2. Purpose in life: Finding fulfilment in life goes beyond wealth. It’s about creating a compassionate environment that impacts KLK’s 50,000 employees and their families. Tan Sri Lee Loy Seng reminded us to be good stewards of our stakeholders. Fulfilling this stewardship brings true contentment to life.
  3. Balancing work and family: His ability to manage the demands of running a business while fostering family unity and solidarity.

 

KLK’s COO, Mr. Lee Jia Zhang, accepted the award on behalf of KLK. Ms. Lee Wen Ling, Managing Director of KLK Land, was also invited onstage to answer a few questions about the win.

When asked about the perception of the plantation industry as being part of the “old economy,” Ms. Lee responded: “I believe this view is inaccurate. As consumers become more conscious, there is a growing demand for sustainably produced products. To stay ahead, we must continue exploring and adapting, going beyond sustainability certifications to focus on areas like decarbonisation and traceability, among others.”

Also present at the award gala dinner were KLK Head of Corporate Mr. Teh Kwan Wey and Sustainability & Special Projects AGM Mr. Adrian Tan.

About Davos Life Science
Davos Life Science, established in 2004, is part of KLK OLEO, the Oleochemicals Division of Kuala Lumpur-Kepong Berhad (KLK).