Halim Saad
 |
Halim Saad | |
|---|---|
| Nationality | Malaysian |
| Alma mater | Malay College Kuala Kangsar |
| Occupation | Businessman |
| Honours | Commander of the Order of Loyalty to the Crown of Malaysia |
Tan Sri Dato Seri Wira Halim bin Saad was known as the leading businessman of Renong / UEM Group in corporate Malaysia from 1985 to 2001. The Renong / UEM Group was the largest corporate company in Malaysia at the time, with investments in almost every major sector in Malaysia; from Highway concessions, Bridge concession, Hotels, Hospitals, Pharmaceutical Products, Telecommunications, Light Rail Transit, Bus Fleets, International Airport Builder (KLIA), Malaysia National Sports Complex, Television & Media Network and even Print Media. After leaving Renong / UEM Group in 2001, Tan Sri Halim Saad founded Markmore Group having local and oversea investments. Portfolios included; Oil & Gas - Onshore Exploration and Production, Mining concession, Renewable Energy, Construction and Property Development, Shopping Mall REIT, Telecommunication Infrastructure, Education, Property Services, Asset Management Services.
Honours and awards
State Order
Meritorious service to the country and awarded by the sovereign
Malaysia : Order of Loyalty to the Crown of Malaysia - Commander (P.S.M.)- Malaysia : Others - (P.S.M), (S.S.A.P), (S.P.M.P), (D.C.S.M), (S.I.M.P), (D.P.M.P), (D.S.A.P)
New Zealand : World Class New Zealand Awards - Friend of New Zealand
Benin : Beninese Honorary Consulate
Associate
The media shy Halim Saad is connected to former Finance Minister Tun Daim Zainuddin. Halim Saad in the past, alleged to finance UMNO, Malaysia's dominant political party during Tun Dr. Mahathir premiership.
Family
Halim married Noraini Zolkifli on 1979. They had three children. In October 1995, they went to court to confirm the imitation divorce. In 1997, Puan Sri Norani Zolkifli filed a divorce application to Tan Sri Halim Saad, which involves a divorce claim of RM500 million, estimated to be 10% of Tan Sri Halim Saad assets at the time.[1][2] He has been married to Puan Sri Shaesta Said since 1999 and has three children.
Corporate record and achievements
UEM
In 1984, United Engineers Malaysia (UEM) was a declining company when Halim Saad bought majority shares. The company acted as a vehicle for Halim Saad to bid for the largest project in Malaysia at the time, the 800 km North South Expressway project. UEM won the bid and was awarded a concession in 1986. UEM then set up a new company called PLUS to implement the concession. The scale and magnitude of risk management and contract has never been experienced by or practiced by any companies in Malaysia at the time. PLUS had to build a highway from Thailand to Singapore within 7 years including operating and maintaining it. The task included financing and building 300 Bridges, 70 intersections, 40 lay-bys and 18 rest and service areas. There were about 100 major contracts and 400 minor contracts entered into by PLUS with local contractors.
Despite the risk of inexperience local contractors, the bigger picture was that it provides opportunities for local contractors both BumiPutera and Non Bumi to respond to 'New Challenges' and develop their expertise. The project completed in September 1994 with 1 year ahead of schedule. This transformed Peninsular Malaysia with new infrastructure system and became the main impetus of economic development and growth to the country. States and Cities connectivity on a new level.
UEM / Renong
Between 1988 to 1993, UEM had acquired and created 29 companies as part of a framework to ensure that essential supplies and services for highway construction and maintenance had/need to be readily available on the most favorable terms. This strategy promotes optimal organization and profitability. In 1990, the large Renong group formed a partnership, with UEM, PLUS including all other companies related to the organization fundamental structuring. Renong continues to grow laterally and vertically, becoming the face and benchmark of Corporate Malaysia. By 2001, Renong held major shares in 14 large companies listed on Bursa Malaysia. Among it, Cement Industries of Malaysia and HoHup Construction, Mudajaya Construction.
Opus International Consultants
1996, Halim Saad valuable acquisition was Opus International Consultants Ltd in New Zealand. OPUS was originally an entity under New Zealand Government, the Ministry of Works and Development. It was privatized and acquired via Halim Saad vehicle Kinta Kellas. Opus covered more than 100 projects in over 20 countries. In 2002 and 2006, Opus was recognized as New Zealand's Trade & Enterprise Service Exporter that year for its work in the international market. Opus was also named New Zealand's Trade Supreme Exporter of the year.
Other national projects
- Kuala Lumpur International Airport
- National Sports Complex
- Malaysia Singapore Second Link Bridge
- Customs, Immigration and Quarantine Complex (CIQ - Malaysia Singapore)
- Fiber Cable and Submarine Cable 3600Km - Time Dot Com
- Kuala Lumpur Light Rail Transit - PUTRA
- Prolink (Now known as Iskandar Malaysia) - 24,000 acres (9,700 ha)
- Kemaman Bitumen Company
- Cement Industries Malaysia
- Kualiti Alam
- New Straits Times
- Phamarniaga
KYS Education Group
Halim Saad has always been passionate about education. His pride in terms of educational institutions were Kolej Yayasan Saad (Saad Foundation College) and Kolej Matrikulasi Yayasan Saad (Now known as Kolej Yayasan UEM). It was built in memory of his late father. Both institution famous for producing excellent results in examinations and certifications. Additionally, the KYS school is also known for its wide variety of co-curricular activities such as rugby, netball, triathlon and also orchestra, for example. KYS Orchestra team were required to perform throughout Malaysia including International invitations.
Training and Scholarship programs that Halim Saad mirrored his vision and experiences; RMTS and RGSTF.
Markmore Group
Markmore group is privately owned company by Halim Saad after the Renong/UEM era.
Sectors involved: 1. Education
2. Construction
3. Property Development
4. Mineral, Oil & Gas
5. Renewable Energy
6. Telecommunication Infra
7. REIT - Shopping Malls
8. Property and Facilities Management Services
9. Financial - Asset Management Services
10. Agriculture & Aquaculture[3][4][5]
References
- ^ Journal, Raphael PuraStaff Reporter of The Wall Street (30 July 1996). "Renong May Be Up for Grabs In Malaysian Divorce Battle". Wsj.com. Retrieved 29 June 2022.
- ^ "Renong chief's divorce hearing on July 31 | KLiK". Klik.com.my. Retrieved 29 June 2022.
- ^ "Halim Saad and Wong make RM5.2bil offer to take over PLUS". The Star. Retrieved 28 January 2020.
- ^ Kaur, Minderjeet (27 September 2019). "Mix with the Chinese if you want to excel, businessman tells Malays". Free Malaysia Today. Retrieved 28 January 2020.
- ^ "The New Straits Times Press (Malaysia) Berhad". Archived from the original on 10 November 2005. Retrieved 29 June 2022.