{"id":777007087,"date":"2023-07-10T08:25:20","date_gmt":"2023-07-10T11:25:20","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777007087"},"modified":"2026-04-22T20:14:59","modified_gmt":"2026-04-22T23:14:59","slug":"rgb-international-appoints-ng-keng-luen-as-chief-strategy-officer","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/rgb-international-appoints-ng-keng-luen-as-chief-strategy-officer","title":{"rendered":"RGB International appoints Ng Keng Luen as chief strategy officer"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">Ng Keng Luen takes is the former equity research head at JP Morgan Malaysia.<\/p>\n\n\n\n<!--more-->\n\n\n\n<p class=\"wp-block-paragraph\">Malaysia.-\u00a0<strong>RGB International\u00a0<\/strong>has announced the appointment of<strong>\u00a0Ng Keng Luen<\/strong>\u00a0as its new chief strategy officer. The decision was disclosed in a filing with Bursa Malaysia. It emphasised Ng&#8217;s background in the finance industry, with nearly two decades of experience.\u00a0<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Ng held the position of head of equity research at the Malaysian branch of the investment bank JP Morgan from August 2020 to June 2023. Prior to his tenure at JP Morgan, Ng served as a director at Deutsche Bank in Singapore, specialising as an equity strategist for the Association of Southeast Asian Nations (ASEAN) region between 2015 and 2019. He worked for Bank of America Merrill Lynch (now Bank of America and BofA Securities) from 2005 to 2014.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a rel=\"noreferrer noopener\" href=\"https:\/\/focusgn.com\/asia-pacific\/rgb-international-posts-net-profit-of-us2-3m-for-q1\" target=\"_blank\">RGB International<\/a>\u00a0reported a net profit of over MYR10.5m (US$2.3m) for the first quarter of the year, compared to a loss of MYR3.3m during the same period last year. The figure represents an improvement from\u00a0<a rel=\"noreferrer noopener\" href=\"https:\/\/focusgn.com\/asia-pacific\/rgb-international-revenue-down-4-for-q4\" target=\"_blank\">the previous quarter\u2019s net profit<\/a>\u00a0of just over MYR9.3m. The company reported that revenue nearly tripled year-on-year to MYR95.2m.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">In May,&nbsp;<a target=\"_blank\" href=\"https:\/\/focusgn.com\/asia-pacific\/iec-invests-us5-73m-in-new-slot-machines-for-new-coast-hotel-manila\" rel=\"noreferrer noopener\">RGB International secured a deal International Entertainment Corp<\/a>&nbsp;to supply 382 slot machines worth over US$5.7m for deployment at New Coast Hotel Manila in the Philippines.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ng Keng Luen takes is the former equity research head at JP Morgan Malaysia.<\/p>\n","protected":false},"author":176,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"RGB International has appointed Ng Keng Luen, a veteran of JP Morgan and Deutsche Bank with extensive equity research and strategy experience in ASEAN, as its new Chief Strategy Officer. This strategic hire coincides with the company reporting a significant financial turnaround, achieving a Q1 net profit of MYR10.5m and nearly tripling revenue year-on-year, further bolstered by a recent US$5.7m slot machine supply deal in the Philippines.","focusai_entities":"Ng Keng Luen, RGB International, JP Morgan Malaysia, JP Morgan, Bursa Malaysia, Deutsche Bank, Bank of America Merrill Lynch, Bank of America, BofA Securities, International Entertainment Corp, New Coast Hotel Manila","focusai_location":"Malaysia, Singapore, Philippines, Manila","focusai_target_profile":"ceo_executive (0.9), operator_casino (0.75), investor_analyst (0.95), supplier_vendor (0.85), journalist_researcher (0.8)","focusai_suggestions":[{"label":"CSO's Strategic Mandate?","query":"How will Ng Keng Luen's extensive capital markets background influence RGB International's long-term strategic growth initiatives, particularly concerning M&A opportunities or new market entries within the ASEAN region?"},{"label":"Financial Performance Drivers?","query":"Beyond the Q1 net profit turnaround and revenue growth, what specific operational efficiencies or market demand shifts are driving RGB International's improved financial performance, and are these sustainable for future quarters?"}],"footnotes":""},"categories":[157,16333],"tags":[23853],"class_list":["post-777007087","post","type-post","status-publish","format-standard","hentry","category-business-news","category-south-east-asia-news","tag-rgb-international"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777007087","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/users\/176"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=777007087"}],"version-history":[{"count":2,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777007087\/revisions"}],"predecessor-version":[{"id":777007094,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777007087\/revisions\/777007094"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777007087"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777007087"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777007087"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}