In 1984, Mr. Tang Ying See quitted his job as a Senior Manager of a chemical trading company to start his own business. It was a sole proprietorship and it was into marketing of industrial chemicals known as Lux Trading. Four years later, Madam Chin Song Mooi, his wife, quitted her job as an accountant in a building and construction company to help build her husband’s business.

The husband and wife duo had grown their businesses rapidly. Subsequently, in 2008, they have listed their businesses on Bursa Malaysia under the listing name: Luxchem Corporation Bhd (Luxchem). Since then, it has matured and become a main player in the industrial chemical industry in Malaysia. Today, as I write, Luxchem is valued at RM 540.7 million in market capitalization, a multiple of 7.2 times from RM 74.8 million as of 31 December 2008.

In this article, I’ll share 8 ...