NEK Group
Penang family office (Ng Eng Kee & Sons Sdn Bhd) investing in startups, growth companies, VC/PE funds and listed equities in the US, Hong Kong, China and Southeast Asia.
USEFUL FOR Fund managers raising capital · Founders · Business owners seeking a long-term partner · Co-investors
Family & background
- HEADQUARTERS
- Penang, Malaysia
- OUTSIDE CAPITAL
- No — own capital only
Investment approach
- SECTORS
- Food & AgricultureClimate & EnergyHealthTechArtificial IntelligenceIndustrial & ManufacturingReal Estate & PropTech
- GEOGRAPHY
- United StatesHong KongChinaAsia-Pacific
- STAGES
- SeedGrowth
- ROUTES
- Companies (own capital) · Funds (as LP)
- STRATEGIES
- Direct investmentsVenture capitalFunds (as LP)Public equitiesReal estate
Overview
NEK Group, legally Ng Eng Kee & Sons Sdn Bhd, is a Penang-based family office spanning four family generations. Founded by the late Ng Eng Kee, the group grew from rubber, palm oil and petrochemical trading and later real estate and manufacturing, and now invests across asset classes. It backs companies from seed to growth stage, invests in VC/PE funds, real estate and public markets (US and Hong Kong), mainly in the US, Hong Kong, China and Southeast Asia.
Investment thesis
Invests in companies at every stage from seed to growth and profitable late stage, providing early-stage companies with capital, mentorship and network access to Southeast Asia and the Greater Bay Area.
Holdings & investments (12)
- Amlex Holdings Berhad
- Cocoon Ignite Ventures
- Eauto Sdn Bhd
- Zhongshan Gomec Company Limited
- KCNN Global Capital
- SK DevelopmentReal Estate & PropTech
- WizpressoFintech
- Honour Harvest International
- Old Klang Street Bak Kut Teh
- PraisePal
- Malayan Electro-Chemical Industry Co., Sdn. Bhd.
- Marque De Luxe
People
Frequently asked questions
NEK Group is a single family office based in Penang, Malaysia.
NEK Group invests its own capital into companies and in third-party funds as an LP. Its stated asset mix includes direct investments, venture capital, funds (as lp), public equities and real estate.
NEK Group invests at Seed and Growth stages in Food & Agriculture, Climate & Energy, HealthTech, Artificial Intelligence, Industrial & Manufacturing and Real Estate & PropTech.
Key people at NEK Group include Ng Chong Lam (President), Timothy Ng (Chief Investment Officer) and Kelvin Ng (Director).
NEK Group's holdings and investments include Amlex Holdings Berhad, Cocoon Ignite Ventures, Eauto Sdn Bhd, Zhongshan Gomec Company Limited, KCNN Global Capital, SK Development, Wizpresso and Honour Harvest International, among others.
No. NEK Group invests its own capital and does not raise money from outside investors.