Home / Business Leaders
Datuk Dr. Peter Sow Chin Chuan, Chairman of the Board of DPS Resources BHD Group
Datuk Dr. Peter Sow Chin Chuan, Chairman of the Board of DPS Resources BHD Group
Datuk Dr. Peter Sow Chin Chuan, 51, is an outstanding overseas Chinese entrepreneur in Malaysia. He is the director and general manager of DPS Resources BHD Group. The group has two listed companies: DPS Resources and Len Cheong Holding BHD.
He began his business when he was 21 by setting up Shing Huat Group, which engaged in floor tiles, engineering, timber, trade and roof structure projects. In 1986, the group undertook the renovation project of the Red House in Malacca. In 1994, it completed construction of the Malacca Mosque in the state of Masjid Al-Azim. In 1995, it purchased Shantawood Manufacturing and began to supply wood and roof structures to all regions of Malaysia. It has subsequently become an international brand in timber trade. In 1996 and 1997, during the Asian financial crisis, it responded to the call by Prime Minister Tun Dr. Mahathir to export timber to the world. In 2004 and 2005, two plants under the group were listed and began to be traded on the main board of the Kuala Lumpur Stock Exchange. In 2006, his enterprise purchased Len Cheong and Hidayat Yakin, as well as 10 furniture factories in Johor, Negeri Sembilan and Kelantan, becoming one of the top 500 furniture makers in the world. In the same year, it began to develop the Swiss Hotel. At the beginning of 1990, he began to invest in real estate development, establishing several development projects in Malacca and Negeri Sembilan. At the same time, he also invested in the planting industry in Kelantan. He developed more than 330 hectares of natural rubber plants and would continue to reclaim another 1,470 hectares for rubber plants.
In his 30 years in business, he has won recognition for his outstanding performance and contributions, including the Golden Bull Award in 2003 in Malaysia, the 2004 32nd International Trophy for Quality New Millennium Award in Rome, the 2005 Melaka Chief Minister Award, the 2005 MTC Best Performing Company Award (furniture category), the 2007 Business Summit Award in Malaysia, the 2008/2009 MFLA Award in Malaysia, the 2009 Asia-Pacific Entrepreneurship Award in Malaysia, the 2010 MFLA Award – Management Excellence Award, and the 2011/2012 MFLA Award – Management Excellence Award and Best Overall Award (furniture category).