| Seated l-r: Ignatius Chew (in dark suit) Datin Janet Yeoh (in white) and Ms Sham Loy (blue jeans) with the YLCO team and students for their group photo |
Taylor’s
University – IFEC visited YLCO Museum recently to understand about the
work that YLCO families have done to preserve the family network and their
legacy.
Taylor’s
IFEC - International Family Enterprise Centre.. ”is devoted to empowering
the community of business families in preserving generational family legacy and
advancing knowledge on family business management. The centre serves as a
platform for advocating and facilitating business families for peer-learning,
networking and growth to empower business families through curated experiences and actionable insights
for wealth and legacy management”.
Twenty students
accompanied by Ms Shan Loy, Manager, Family Business & Partnerships / IFEC
arrived by bus to YLCO Museum on the morning of 25 October 2024. Ignatius Chew
YLCO Museum curator and his team welcomed the delegation and took a group
photograph before the start of functions.
Ignatius explained that the patriarchs of the families were all migrants who arrived during the late 19th century and made their fortunes through their hard work and enterprising spirit.
| Ignatius Chew makes his presentation ........... |
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| ..to an attentive audience |
| YLCO families from the arrival of migrants till the 4th generation ..... |
The newly
wealthy families intermarried. That was a time of arranged marriages when the
children did not have a choice of their partners. By the third generation the
families were capable to send their children overseas to the west to be better educated.
Those that returned helped in the family business which grew and expanded it to
what it is today. One family has started a legacy similar to what the IFEC had
envisioned.
The Lim’s through Datuk Lim Keng Kay is a 3rd generation Lim who was a mining engineer. Datuk KK Lim used to say that ‘World Peace Comes Through Education’. He started a kindergarten and over the years added an English language training school. This has now expanded to colleges of higher learning.
His vision was carried on through his 4th generation son Datuk Lim Si Boon who built this 4 storey environmentally green building. It was the family home but now it houses BVH the holding company for its other ventures.
As such the YLCO Family is International, our Museum can be termed as an Enterprise though it is non-profit and the Green Building as our Centre, an IFEC.
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Ignatius' nephew Lim Ching Beng touched on another branch, the Khaw family, |
| ..... the ever bubbly Datin Janet with YLCO team and students .... |
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| .a mid-morning snack before viewing the museum ... |
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| Stephen Yeoh .... lives in the USA ...visiting relatives in Ipoh |
| (3) |
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| Thank you ..from TU IFEC (and Shan Loy) to Ignatius Chew |









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