YGL iBay Group was established in 2008 in Malaysia, with branch offices in Singapore, Hong Kong, Beijing and Shenzhen. It has evolved to become a supply chain management services platform specialized in Iron Ore and other commodities such as Bauxite, Nickel and others.
In June 18, 2009, followed by the listing of Malaysia’s YGL Group, it has actively involved in co-financing with other famous enterprises, home and abroad. In Beijing, China, the company has established a commitment to provide professional solutions for international procurement of investment in foreign enterprises, with the founder of YGL iBay International Sdn Bhd, Mr Eng Ging Kiat, as the first president.
Since the esablishment of YGL iBay International Sdn Bhd, the company’s position has been located into areas of deep plowing as the procurement strategy. From the concept to market introduction of ther bidding procurement pratice, the company now provides more comprehensive services to business to better meet the different needs of enterprises and institutions. The products, starting from the initial procurement auction effects and now has been develped to the e-auction procurement platform, consulting and integrated product system of interrational trade, with lots of famous enterprises home and abroad to establish a long-tern strategic partnership.
Until now, all have been served by YGL iBay International’s domestic and foreign companies has signed customer services that reduced the cost in the field of procurement, and significantly improved the department’s purchasing power.
YGL iBay International Sdn Bhd rely on thirsty demand, strong financial strength and resources; with the effort of a professional procurement team, the company is now to form a headquaters in Beijing, China, in accordance with the Zhong Shan (China), Malaysia, Hong Kong and Singapore branch operations.
In addition to the bussiness scope to cover the Asia-Pacific region, YGL iBay International Sdn Bhd will always strive, constantly, to expand its field of global sourcing operations. It is for you to expand the company into the global operations, and also help us to provide a strong support to our esteemed clients!
YGL iBay is the largest supply chain management services platform for trading of iron ore in Malaysia since 2016. YGL iBay is structured to focus in three (3) major streams on the commodity supply chain management:
To be the leading Iron Ore Supply chain management service provider in the region that create sustainable growth to our partners.
Create values to our shareholders by converging in win-win business dealing with our partners and employees fostering mutual growth, deep collaboration and lasting partnership.
Respect, Trust, and People development to create a positive eco-system.
Win-win business relationship to nurture long term and sustainable partnership.
Enabling and returning to the society.
Founder & Managing Director
Mr. Eng is the co-founder of YGL iBay International Group, established in 2008, and he had transformed the company to become the largest Iron Ore supply chain management company in Malaysia.
Mr. Eng possesses more than 30 years of corporate experience, with more than 10 years in investment and tax management with Malaysia Inland Revenue Department and Price Waterhouse Malaysia.
Mr. Eng holds Bachelor of Science (Honors) from University of Malaya.
Director & Chief Executive Officer
Dato Lee possess more than 25 years of experience as a businessman with diverse expertise in mining, construction, property development and commodity trading.
Dato Lee is an active member of the Pahang Iron Ore Association and the Malaysian Chamber of Mines. He is also director of Malaysia listed company, YGL Convergence Berhad, and Chief Executive Officer of Edubest Group of Companies.
Dato Lee holds Advance Diploma in Business Administration from ATC College. Dato attended the Strategy Emerging Industrial Investment CEO Seminar from School Of Continuing Education, Tsinghua University.