Leveraging 40 years of experience to build ventures



Sunway Ventures focuses on venture building and does this through two key approaches:


We build businesses in-house: planning, launching, and growing businesses to scale.


Venture Partnership

We invest and partner with startups and entrepreneurs, providing access to capital, shared services, and an ecosystem, which can catalyze growth and the likelihood of success.



Partnership Benefits for Startups & Entrepreneurs




  • Seed capital

  • Growth capital


  • Structured loans


  • Management, Governance, Analysis

  • Sales & Marketing

  • Finance & Accounting

  • Tax Advisory

  • Legal

  • HR & IT


Customers, Vendors, Networks, and More

  • 12 business divisions across multiple industries

  • 16,000+ employees

  • 30,000+ university students

  • 10,000+ suppliers & customers

  • Respected corporate brand


Monumental Studios

Monumental Studios is an investment holding company that invests in digital media assets and helps them grow, primarily through platforms such as Facebook, YouTube, Instagram, and more.


 Sunway Credit

Sunway Credit provides invoice factoring solutions for vendors. This allows vendors to significantly improve cash flow to support their operations and drive growth.

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An automated, locker solution for parcel deliveries, PopBox lockers are located at convenient locations for customers to pick-up and drop-off their parcels.


Sunway Pharmacy

Sunway Pharmacy is an innovative retail pharmacy chain offering accessible healthcare across Malaysia.



 Sun SEA Capital

Sun SEA Capital is a venture capital fund investing in Series-A and early Series-B stage startups across Southeast Asia, Hong Kong, and Taiwan. The fund is managed collaboratively by Sunway Group and professional technology investor KK Fund. This collaboration between two industry successes allows for the discovery of untapped potential across the greater Southeast Asian region. Investments range from USD 1 million to 3 million for minority equity.




Co-working space for entrepreneurs

iLabs is a unique, not-for-profit concept where Sunway University, Sunway Group, and Sunway Ventures (Sunway’s Corporate Venture Capital arm) work closely together in a collaborative space to foster entrepreneurship and stimulate market-driven innovations. And the it does not stop there. iLabs is also syncing with the wider start-up ecosystem in Malaysia and abroad through collaborations and strategic partnerships, to enable entrepreneurs to scale their business faster.



Evan Cheah

Executive Vice President,

President's Office, Sunway Group

Evan is the EVP, President’s Office in Sunway Group and his roles include overseeing the Group’s digital initiatives, Sunway Ventures and China businesses amongst others. He graduated with a Bachelor of Commerce & Bachelor of Business System Degree from Monash University and is a Chartered Financial Analyst Charterholder, Certified Public Accountant, and a Member of Malaysian Institute of Accountants.

Lee Soong Hwa

Chief Executive Officer

Soong Hwa is CEO of Sunway Ventures and Director - Corporate Office, China. He has over 10 years of business experience in China. Before Sunway, he worked at Schlumberger and also as an accountant attached to the Singapore Ministry of Finance. He holds a Bachelor of Accountancy from NTU, Singapore, and he is a certified ACCA and MIA member.

Nick Davison

Chief Revenue Officer

Nick manages the operations of select portfolio companies and explores new venture building opportunities. Previously, he launched and led the digital business for a media company. He also did stints at a multi-strategy hedge fund and investment banking. He completed an executive program at INSEAD and graduated with honours from DePauw University.

Seng Teong Chua

Venture Partner

Chua has over 15 years experience as a startup entrepreneur, consultant and venture capitalist. Prior to joining Sunway, he founded a Fintech startup that was successfully sold and a machine learning startup integrated with top e-commerce sites. Before that he was with a VC in Germany where he helped developed a 29 country e-commerce business, with the European business exiting to Google. ST holds an MBA from INSEAD, France.

Annie Vu

Assistant Manager

Annie is an investment associate at Sunway Ventures joining the team in 2016, specializes in tech-startup and media investments. Prior to Sunway Ventures, Annie worked under Assurance services, PwC Malaysia. Annie holds a Degree in Commerce, majoring in Accounting from Monash University and is a CFA Level III Candidate.

Suet Yun Loo

Investment Associate

As a chartered accountant, Yun has worked in Deals advisory for one of the Big Four Accounting Firms. She studied at BPP University where she completed her professional studies under the Association of Chartered Certified Accountant. Here at Ventures, Yun specializes in logistics and e-health startups.

Warren Ng Soon Yi


Warren had completed Bachelors’ in Business and Commerce (Honours) majoring in Banking & Finance from Monash University Australia. He had worked in a Financial Planning firm in Australia prior to joining Sunway Ventures. Currently, Warren is involved in managing logistic portfolio and digital media investments.