Established in the 1970s, the founders of Ong & Wong group are Mr Ong Kong Lai and Mr Wong Cham Mew. They are chartered accountants of New Zealand and Malaysia and graduates of University of Otago, New Zealand. Mr Ong Kong Lai is a Fellow Member whilst Mr Wong Cham Mew is an Associate Member of Chartered Tax Institute of Malaysia. They having collectively garnered an abundance of experience in practice and various commercial industries before setting up the practices. The other partners are Ms Wong Shan Ty and Mr Louis Ong Koon Liang.
All the partners are approved auditors of the Audit Oversight Board(AOB) of the Securities Commission of Malaysia to conduct audit of public listed companies and public interest entities. AOB governs and monitors our quality of the firms and also serves to ensure that the system in our firm is compliant with the MIA by law and the ISQC1. In addition, they ensure that our audit work strictly adheres to the Clarified international audit standards and IFRS standards at all times.
Presently, O&W CA also has a branch office in Kota Kinabalu , Sabah, Malaysia.
The group practice provides a variety of professional services including assurance audit and non-assurance services, IPO, internal audit, due diligence, investigation, valuation report, liquidation, corporate restructuring, merger and takeover and others.
O & W CA is a member firm of the Association of Independent Accounting Firms, Prime Global. PrimeGlobal is the third largest association of independent accounting firms worldwide. Today, PrimeGlobal numbers over 350 firms in 90 countries, with more than 750 offices, 2,100 partners, and 17,000 staff offering their thought leadership to help other member firms and their clients succeed. For more information about Prime Global, please visit website: www.accountants.org
MR. ONG KONG LAI
Bachelor of Industrial Management Degree, Nanyang University, Singapore
Bachelor of Commerce Degree, University of Otago, New Zealand
Mr Ong Kong Lai is a Chartered Accountant boasting over thirty years of professional and management experience. He is a founding partner of Messrs Ong & Wong Chartered Accountants. Till this day, he is actively involved in advising many public and private Companies on their restructuring and listing exercises.
Mr Ong began his career with several international accounting firms clocking up six years of experience in auditing and investigations after which he joined an International group of companies where he was in charge of the financial management Group. His diverse experience has covered roles as advisor, liquidator or receiver and manager of a number of companies across a myriad of industries including property development and construction, manufacturing, information technology, plantation, timber, retail, and shipping.
He is a pioneer member of the Chartered Tax Institute of Malaysia, a Chartered Member of the Institute of Internal Auditors, a member of the Malaysian Institute of Certified Public Accountants and New Zealand Institute of Chartered Accountants, as well as a member of the Malaysian Institute of Accountants. He is also an Approved Co-operative Society Auditor, Approved Company Auditor and Approved Company Liquidator. He was appointed as the Independent Non-Executive Director of Antah Holdings Berhad from year 2004 to year 2007. Besides being a liquidator for companies under creditors' and members’ voluntary winding up, he is also a receiver/manager and a court appointed liquidator for a few former public listed companies which are currently in winding-up .
MR. WONG CHAM MEW
University of Otago, New Zealand (1968)
A founding partner of Messrs Ong & Wong Chartered Accountants and a true industry veteran, Mr Wong Cham Mew is a Chartered Accountant with more than 40 years of professional and management experience under his belt.
In the early years of his career, he served with the Inland Revenue Department of Malaysia. This paved the way for future growth as he later took up senior management positions in the private sector, before venturing into professional accounting practice in 1977.
Mr Wong is also a licensed company auditor, licensed company liquidator and tax agent. In addition, he is an approved cooperative societies auditor and has in the past acted as an independent non-executive director for several public listed companies. He is also a receiver/manager and a court appointed liquidator for a few former public listed companies which are currently in winding-up other than companies under creditors' and members’ voluntary winding up.
MS. WONG SHAN TY
Bachelor of Arts (University of Strathclyde, UK)
A licensed financial auditor and licensed liquidator in Malaysia, Ms Wong has accumulated a wealth of experience in auditing multi-national corporations & public listed companies in specific industries such as property development, construction, industrial services, manufacturing and consulting.
Apart from statutory audit, her special assignments include due diligence, share valuation and internal controls review.
She also holds numerous prestigious affiliations such as being a Chartered Accountant of Malaysia Institute of Accountant (MIA), a member of the Malaysia Institute of Certified Public Accountant, a fellow member of ACCA and a Chartered Member of the Institute of Internal Auditors.
MR. Louis Ong Koon Liang
Bachelor of Arts and Economics (Hons) in Accounting, University of Manchester, England
With many years of professional experience in audit and assurance, Louis is vastly proficient in the field and specializes in leading audit assignments of the firm’s major clients. His clientele includes an impressive list of public listed companies and large SMEs spanning a wide spectrum of industries. Additionally, he is involved in financial due diligence reviews, Reporting Accountants’ engagements on initial public offerings and fund raising exercises.
An all-rounded expert, Louis continues honing his expertise by keeping up to date with latest industry developments. He is also a member of the Malaysian Institute of Accountants (MIA), a fellow member of the Association of Chartered Certified Accountants, UK (FCCA), and a registered partner with the Audit Oversight Board.
Founded in year 2005 by directors Mr Ong Kong Lai, Mr Wong Cham Mew and Mr Alex Lai, OMCA provides services including Corporate Debt Restructuring, turnarounds and workouts including schemes of arrangement, disposal of non-performing assets, court and voluntary liquidations, receiverships, financial due Diligence/business reviews, financial investigation, monitoring of accountant and dispute resolution and litigation support. For further information, please visit www.omadv.com.
A key member of OWT is Ms. Janet Lee, the Associate Director of OWT. She is an Associate member of Chartered Tax Institute of Malaysia with over 25 years’ practicing experience in the tax field covering areas of consultancy, direct and indirect taxes. Backed by a dedicated team of professionals, OWT serves an extensive range of clients from multiple industries and scales. No matter large or small, ultimately the goal remains the same for each client – delivering top-notch quality services with a high standard of professional duty and care.
OWT provides services for direct and indirect tax including tax consultancy involving tax investigation/restructuring/expansion/amalgamation, application for tax exemption and tax incentives, apart from tax compliance work. At the heart of its core focus is a commitment to lawfully and legally maximize tax benefits for all clients.
Inspired by definitive values and expertise, OWT is driven to establish a good rapport with clients and the relevant authorities in the administering of its role as tax consultants. This is all conducted in compliance with the Code of Ethics as Tax Agents that adhere strictly to the required laws, while simultaneously contributing to clients’ growth via direct or indirect means.
The key members of O & M are Ms Wong Shan May (the named Company Secretary) and Ms Ong Suan Yi. Together with their dedicated team, they managed a remarkable portfolio which includes a client base comprising from family-owned entities to public listed companies. O & M is authorized to act as the licensed company secretary for any company incorporated in Malaysia to provide professional advices and services relating the laws and statutory requirements as prescribed under the Companies Act 1965 and the Capital Markets and Services Act, 2007.
O&M specializes in a full range of corporate secretarial services including:
• new company registration (company incorporation);
• shelf companies ready for sale;
• conversion of Enterprise to Sdn Bhd;
• incorporation of public companies;
• conversion to public companies;
• Pre-listing and post-listing procedures
• provision of a registered office;
• attendance at and preparation of minutes of board and general meetings;
• provision of local resident directors and nominee shareholders;
• management consultancy advisory;
• voluntary liquidation and striking off.
O & M also assists in the establishment of representative offices, foreign branch offices, associations, societies and foundations with the relevant authorities.
Other services include preparation of Annual Reports, Circulars and announcements to Bursa Malaysia.
O & M has co-operated with its affiliate company, Messrs Ong & Wong, Chartered Accountants (a member of Prime Global) in the public listings of numerous companies from diverse industries such as garment and fashions, retail trading, oil palm and cocoa plantation, manufacturing, shipping, investment holding and others .
MS. ONG SUAN YI
Bachelor of Commerce from University of Otago, New Zealand.
Ms Ong joined O & M since 1993 and continued to pursue her career in the company secretarial profession. She was admitted to Graduateship and subsequently was successfully elected Associate Member of the Institute of Chartered Secretaries and Administrators, Malaysia in year 2005.
During her tenure with O & M, she garnered vast experience in conducting board and shareholders meetings, keeping records of minutes of the meetings, maintenance of statutory books under the Companies Act, 1965 and liaising with various agencies in relation with legal and statutory requirements and all statutory filings.
Currently, she serves as a Manager in the Corporate Secretarial Division, reporting to the Partners of the Firm and supported by a dedicated team of company secretarial executives.