GAIN company Censof strengthens presence in Singapore with new shareholders

• Subsidiary Knowledgecom Pte Ltd sells 30% stake for S$300k
• Tap shareholders’ expertise to expand in Singapore & potentially, SEA

Knowledgecom Corporation Sdn Bhd (KCOM), a subsidiary of Censof Holdings Bhd welcomes new strategic shareholders at its Singapore subsidiary, Knowledgecom Pte Ltd (KCOMS), with the aim of strengthening its market presence in Singapore.

S. T. Rubaneswaran, Chief Executive Officer of KCOM, highlights the rising demand for programmes to upskill and prepare the workforce for the Industry 4.0 era. “Our expansion into Singapore is a great way for us to gain recognition as a formidable training provider that accelerates the digital skills of the workforce to become future ready.”

KCOM has sold a 30% stake in KCOMS to Philip Teng Chee Wan and Dr Sharon Lim Siok Lin for S$300,000 (RM918,000).

The equity sale by KCOM is a follow-up progress from the collaboration MoA with Millet Pte Ltd that was announced on 18 April 2019, to collaborate and develop business in education, training and skills development in emergent technologies.

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Teng and Lim, whom are directors of Millet World, have vast experience in developing software and financial technology applications, with Internet of Things (IoT). Teng has a Masters in Electrical and Computer Engineering from Carnegie Mellon University while Lim earned her doctorate in Computer Science from Royal Melbourne Institute of Technology. Both have a strong business network in Singapore and the ASEAN region.

Rubaneswaran concluded, “KCOM is pleased to welcome these two highly capable individuals onboard. We hope to leverage on Teng and Dr Sharon’s strong expertise and knowledge to strengthen our market footprint in Singapore and potentially, throughout the ASEAN region.”

“Their invaluable input will enable us to develop suitable programmes that cater to the Singaporean workforce and businesses. Furthermore, they can also open doors for us to work together with Singapore universities as well as the public sector to deliver our training programmes.”

A leading player in designing and delivering information technology training programmes for more than 10 years in Malaysia, KCOM is spearheading Beyond4, an initiative to integrate Industry 4.0 practices and technology into businesses’ operations.

In Malaysia, KCOM has tied up with the Hong Leong Financial Group via HLX Management Sdn Bhd, an innovation exchange startup wholly owned by property arm, GuocoLand Malaysia Bhd to operate a digital campus at Menara HLA.