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One jungle to another

08/01/2018The Standard

One jungle to another

Alex Kong is a Malaysian-born Chinese who's steeped in business, even managing a hotel for his dad in Mulu National Park, Sarawak, which hired indigenous people.

"The aborigines got everything back home from the hotel - pillows, mattresses, televisions, boat propellers, even electricity. For those who worked in the kitchen, they held up the chicken thigh and left the breast for the customers. You couldn't use the modern way to manage them.

"I think it is God who made me have such a tough and painful experience in the past that prepared me for the future. I came up with different business ideas and want to create value and convenience for others." Kong read tourism for his degree in Hawaii.

Having a wife from Hong Kong, he moved to the SAR.

He had an e-commerce business as early as 1996, helping people book air tickets and hotel rooms. It went well until after 2000 when the dotcom bubble burst and the 9/11 terrorist attack took place in 2001. Before launching TNG, he was deeply involved in an IT solutions firm Sino Dynamic Solutions.

Although others see his TNG as a David pitted against the many Goliaths in the financial world offering fintech services, Kong says: "I don't think it is risky as I know very much what I am doing. It is only risky if you don't know what you are doing. I have prepared TNG since 2009."

A measure of how far he has come is his inclusion in Chief Executive Carrie Lam Cheng Yuet-ngor's delegation to the United Kingdom in September.

Kong is also a veteran property and equity investors. Coming from a poor family, Kong says he spent his childhood in a van, and that explains his fixation with homes. "I want to have a sense of security and stable rental income."

As for equities, he is keen on those with generous payout such as Link REIT (0823).

宣布戰略退出儲值支付工具(“SVF”)業務

我們TNG電子錢包向所有用戶宣布,由於公司戰略重組和內部架構調整的考慮,我們決定退出儲值支付工具(“SVF”)業務。退出儲值支付工具業務是公司經過投資組合和市場環境進行深入審查和研討後做出的決定。我們正在研究一項非儲值支付工具業務計劃,以轉變業務類型,以實踐我們的宗旨 “Make Your Life Easier”。敬請留意我們未來的公告。

用戶保障

TNG電子錢包將會於過渡期間繼續支援所有用戶、商戶和合作夥伴。我們已預留充足的財務及行政資源,以確保在此期間所有用戶、商戶及服務合作夥伴的權益得到保障,包括浮動資金的贖回及相關行政程序的順利進行,並為用戶提供必要的指導及支援。

現有獨立第三方託管機構, (“Tricor Trust (Hong Kong) Limited”) 將在贖回過程中繼續擔任託管人。TNG將從今天10月25日下午4時30分開始進行退出流程,並於2024年12月9日終止所有服務。自2024年10月25日下午4時30分起至2024年12月9日下午6時正,TNG用戶將能夠以各種方式提取TNG電子錢包中的餘額(請參閱下方服務清單以獲取更多資訊)。

我們鼓勵用戶在2024年12月9日之前可透過轉數快/銀行轉帳、朋友轉帳和萬事達卡消費以使用帳戶餘額。在2024年10月25日至12月9日期間,所有相關服務費將獲豁免。TNG電子錢包應用程式將於2024年12月9日停止服務,並將向尚有餘額的戶口收取管理費用。

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