SaiKris Group History
Working Towards A Mutually Beneficial Relationship
The first SaiKris company was started by the Managing Director, Vikneshvaran Subramaniam better known as Nash Viknesh, in 2002. Since then SaiKris has grown tremendously diversifying itself into various businesses.
Nash has managed to not only survive but thrive in business mainly because of a core team of people who have been together to manage the businesses.
SaiKris employs over 30 people and much more based on projects it undertakes.
SaiKris started off as a consultancy company specialising in financial, banking and non litigatious legal advisory work in line with Nash’s legal & banking background. Subsequently, various business opportunities opened up which caught the eye of the entrepreneurial Nash.
Over the last 15 years, Nash has started businesses and sold them off after a few years when its profitable and also has taken over ailing businesses, turned it around and then selling it. It must be said that initially not all ventures made a profit!!
Since 2016, Nash has started the biggest entrepreneurial risk by venturing into the dairy business. From April 2016 till to date, SKR has been actively learning and planning its entry into the Dairy Industry in Malaysia.
The company decided to start on a new venture to ensure its long-term legacy and chose the Dairy Industry as the Self Sufficiency Rate (SSR) in Malaysia has been below 5% since the 70s while import value has been growing exponentially showing there is a huge demand. Thailand and Vietnam with similar SSR in the 70s have reached SSR of 50% now.
The company had embarked on a two-year study of the Dairy Industry by speaking to Industry experts in the public and private sector, visiting farms in Malaysia, Netherlands, Germany, Australia & New Zealand, visiting numerous trade shows in the said countries as well as in South East Asia and engaging experts to consult for the planning of the business.
Much time and money has been invested on this project as SaiKris team firmly believes it will be able to change and disrupt the landscape of dairy farming not only in Malaysia but in Asia. Work towards listing the project on the Kuala Lumpur or London Stock Exchange is ongoing with the tentative submission at the 3rd quarter of 2019.
Ambitious plans of opening 5 restaurants called The Red Hog is also well underway with the Bangsar outlet already ready and 2 other locations being planned. This venture is under SaiKris Leisure.
SaiKris Consultancy is growing as well in 2019. Initially writing Info Memo’s for SMEs’ to be presented to Financial Institutions, SKC now has started a Pre-Listing advisory service for SMEs’ who would like to plan for listing on the KLSE LEAP Board. Non-litigatious work is also contributing to the group’s earning.
SaiKris Engineering is in talks for works in the LRT project. SaiKris Resources has been approached by even more buyers for palm oil related products whilst looking at diversifying into other agro trade activities.
As you can see we have a lot to do despite the economy being slow. The present Government policies will kick in and will turn our economy upwards again. SaiKris aims to take advantage of this by starting now and not later. And as usual, we always welcome new investors to help us reach our goals.