Payment solutions provider Revenue Group announced that it has appointed Danny Leong Kah Chern as its Group Chief Executive Officer effective 6 January onwards.
Leong has more than 28 years of experience in driving growth in companies across ASEAN from various industries.
Prior to joining Revenue, Leong was the Group CEO of two publicly listed companies namely payment solutions provider GHL as well as F&B business management solutions provider Cuscapi. He was also one of the Co-founders of Adeptis Solutions.
The New Straits Times quoted Leong saying,
“I am delighted to join the company and be part of the team, as I see tremendous growth opportunities in Revenue. As a leading e-payment solutions provider, we are in the right sector at the right time. E-payment is one of the megatrends identified for at least the next decade.
So we have to move fast, innovate and adapt to changing technology to continue riding on the trend. In addition, with the board, my focus is also to formulate and execute long-term strategies to ensure sustainable profit growth for Revenue moving forward.”
Datuk Eddie Ng Chee Siong, current Managing Director and former Group CEO of Revenue said,
“Revenue has up to now been entrepreneur-led. However, as a main-market company with great prospects and a long growth journey ahead, it is high time that we pass the baton to the professionals to elevate the company to the next level.
Given Danny’s track record, execution skills, as well as expertise, particularly in payments and technology-related sectors, he is just the right person to lead the management team in driving Revenue forward.”
Revenue was recently in the news for suspending two of its Executive Directors Ng Shih Chiow (Group Chief Operating Officer) and Ng Shih Fang (Group Chief Technology Officer) with immediate effect for stealing company documents.
Ng Shih Fang has since sold a total of 20.54 million or 13.12% of total issued warrants which is valued at approximately RM2.32 million.
He currently owns only 1.75% of the total warrants issued in the company as reported by The Edge.
