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Malaysia’s 8th richest man Jeffrey Cheah wants Sunway business to last 10 generations

Having weathered two crises, the founder pairs professional management with slow-burn succession to keep the business and family intact

Jamille Tran
Published Mon, Apr 27, 2026 · 02:30 PM
    • Sunway Group's founder and chairman Jeffrey Cheah says international expansion will increasingly be driven by the next generation.
    • Sunway Group's founder and chairman Jeffrey Cheah says international expansion will increasingly be driven by the next generation. PHOTO: SUNWAY GROUP

    Inside Asia’s family empires: How they are transforming to seize the next stage of growth

    [HO CHI MINH CITY] Sunway Group’s founder and chairman Dr Jeffrey Cheah was running out of cash and options when help arrived from Singapore. 

    Twice, the business he built came close to collapse.