Build A RM 5Billion Company
QEW GROUP BERHAD, THE SMALL DREAM THAT GREW INTO AN EMPIRE
Qew Group Berhad is a fully Bumiputera owned conglomerate with business ventures in investment, communications, event management, advertising, broadcasting, telecommunications, manufacturing, construction and many more. Spearheaded by Dato Dr. Muhamad Iqbal bin Mohamad, the Group Executive Chairman, their offices are located in Kuala Lumpur, Putrajaya, Kelantan, Terengganu and London.
The Qew Group conglomerate started off in 2009 as a small enterprise, Qew Adz, with a capital of only RM5,000. Qew Adz was mainly involved in event management and advertising, as well as other small jobs. From there, Dato Dr Iqbal registered his first private limited company, Qew Communications Sdn. Bhd in 2013. The nature of Qew Communications was similar to Qew Adz, but with a larger capital of RM100,000
Broaden The Scope
Qew Communications went through a rapid and dynamic growth, managing to secure a couple of major projects in Putrajaya, namely the Putrajaya International Islamic Arts and Culture (PIIACUF) and the Light and Motion Putrajaya (LAMPU) project. The contract for these projects were for three years, which set to have valued to almost 10 million. Thus, from 2013 to 2015, that was their main focus, familiarising themselves with event management projects, with Qew Adz tagging along, providing the advertising aspect for the project.
While Qew Communications and Qew Adz focused on event management and advertising, Dato’ Dr Iqbal started another private limited company dealing with health products and medical devices. Qew Technologies (M) Sdn Bhd (QTech) was incorporated in 2013, and a working partnership with SIRIM, involving medical devices in hospitals throughout Malaysia. Today, QTech has broaden its scope to provide services on commercialisation of R&D products from research hubs. QTech aims to achieve a greater position by becoming a worldwide technology provider
By now, the initial capital from 2013 has grown and brought in a good return, and by the end of 2015, it has summed to a few million.
Knowledge & Ventures
Dato Dr Iqbal continues to look for new areas to venture into. His inquisitive nature meant that he does not want to just focus on a certain type of business, rather opening his mind and empire to a broad spectrum of business opportunities. Thus in 2016, he ventured into the healthcare industry, coming out with healthcare products and vitamins. However, not business is free from the ups and downs. The same was experienced by Dato Dr Iqbal. His healthcare business was not a huge success, hence he opted to close that chapter. In the meantime, his other businesses were continuing to flourish, with PIIACUF, LAMPU and FLORIA. From Putrajaya, he pursued a new territory, which was Kuala Lumpur, winning the project for the Merdeka parade in 2016-2017 specialized in multimedia control.
His thirst for knowledge and new adventures was not focused on his business skills alone. All these undertaking was running concurrently whilst he was doing his PhD in Social Science. Through all the challenges and risk taking, he also managed to complete his studies and was awarded his Doctor of Philosophy degree in 2018. Never shying away from a new frontier, Dato Dr Iqbal commits to spending an hour or two before bed to study the market and possible new opportunities. Thus, also in 2018, he again tried his hands on yet another business genre, architecture and manufacturing and printing.