Tricor Group (Tricor), business expansion specialist and provider of professional services, announced today that Veerinderjeet Singh has joined the Group’s subsidiary in Malaysia, Tricor Services (Malaysia) Sdn Bhd, as a Non-Executive Chairman of the Company.
Tricor has also appointed Ranjit Singh as regional managing director of Tricor Axcelasia, the new Strategic Business Advisory entity in Tricor.
Veerinderjeet tenure at Tricor Malaysia follows Tricor Group’s recent acquisition of the Malaysian operations of Axcelasia Inc., a SGX-listed company, and an integrated professional services firm delivering Governance, Risk & Compliance (GRC) solutions, corporate, business and tax services.
“Now more than ever, businesses are demanding integrated services of the highest standard to improve business resiliency and thrive against the uncertainty created by the Covid-19 pandemic. I am excited to team up with Tricor because this partnership allows us to bring our services – especially our signature GRC solutions – to a wider client base and offers our clients in Malaysia and ASEAN access to Tricor’s vast suite of services,” Veerinderjeet shared.
The non-executive chairman will act as an advisor in areas of complex tax advisory, support business development, mentor executives and serve as an ambassador for the Tricor name and brand.
A noted authority on Malaysian taxation, he is a frequent speaker on the subject and has authored numerous books and articles in local and international tax law and accounting journals and is quoted prominently by the local business media.
The acquisition represents the launch of a new regional GRC business focused on helping clients manage their increasingly complex regulatory and compliance responsibilities while operating in the emerging and maturing economies of the Asia Pacific region.
This investment by Tricor is the first step towards building an integrated suite of GRC solutions that deliver enhanced value by providing deep advisory expertise with client-centric technology.
Speaking on the appointment, Yeap Kok Leong, CEO and Managing Director of Tricor Malaysia and Labuan said, “Under Veerinderjeet’s guidance, we look forward to strengthening government relations, developing new business, enhancing our Taxation services and elevating the Tricor brand across our global footprint.”
The acquisition expands Tricor’s suite of services and solidifies Tricor’s dominant market position in Malaysia as one of the largest providers of corporate services to international
and Malaysian corporations.