MaGIC Social Enterprise: Julia Chong

When: Wed, April 22, 6:00pm – 9:30pm, 2015 Cancelled
Where: Auditorium, MaGIC, Cyberjaya, Malaysia
Admission: Free
Info: Register Venue

[Wise Words With Julia Chong] For our 3rd Wise Words With we are having  Julia Chong, Founder of The Truly Loving Company (TLC). Instead of taking the conventional route of seeking donations and working on fundraising for charities, Julia tapped on her extensive experience and network to create a unique company that drives profit for philanthropy.

Ms. Julia Chong holds a B.A. (Hons) Accounting and Finance from Middlesex University and an M.Sc. Administrative Sciences from City University, London. Her 30-year career in the FMCG industry includes appointments as Managing Director of Reckitt Benkiser, General Manager of Unza Malaysia, Executive Director of Hexza Mather, Marketing Director of Warner Lambert Malaysia and Brand Manager at Fraser & Neave. She was also Deputy Chairman of the British Malaysian Chamber of Commerce.

[The diagram below shows the structure of TLC. Of the 1.5 million shares, the founders hold one share each, and the trustee the remaining shares. Profits (dividends) go to the trustees which then disburses them to partner charities. With no profits going to them, how do the owners sustain their interest in the business? Find out from the talk: social enterprise before the movement became trendy.]