About Us
"a historical walk"

A Page From Our Past: ‘Wealth Across The Four Seas’

The origins of the See Hoy Chan Holdings Group and its member groups, Bandar Utama City Corporation Group and First Nationwide Group, are better understood by scrolling down the past decades, starting with the name ‘See Hoy Chan’ or literally mean ‘a warehouse full of wealth across the four seas’ in English.

The late Dato’ Teo Hang Sam (1897-1965), the founder of See Hoy Chan Group, was a young man with a big dream when he left Guangdong province in China for Malaya in 1928. He dreamt of establishing "a warehouse full of wealth across the four seas". He first peddled in groceries and then went on to open a stall selling eggs in Kuala Lumpur. During the pre-war year of 1938, he founded See Hoy Chan when he set up a sundry store in Kuala Lumpur.

From the humble beginnings of a sundry store, he then ventured into import and distribution of rice, sugar, flour and other household staples and these businesses, ironically, flourished during the Japanese occupation of Malaya. With thrift and hard work, he expanded his business interests beyond the shores of Malaya to Burma, Thailand and Singapore. His nickname ‘Rice King of Malaya’ said it all.

Dato' Teo Hang Sam - "Rice King of Malaya"

In 1960s, he ventured into rubber plantations and later diversified his business interests to include property development, insurance and the rest is history.

The late Dato’ Teo Hang Sam left behind his legacy in these businesses which were later amicably divided amongst his family. The name ‘See Hoy Chan’ is now a household name associated with entrepreneurial excellence.

Our Present Group

The late Dato’ Teo Hang Sam’s legacy still lives on in See Hoy Chan Holdings Group and companies that have grown and grouped into what is today known as the See Hoy Chan Holdings Group, Bandar Utama City Corporation Group and First Nationwide Group, conglomerates with diversified business interests under the leadership and direction of the late Dato’ Teo Hang Sam’s son, Tan Sri Dato’ (Dr) Teo Soo Cheng, the Chairman of the See Hoy Chan Holdings Group. With his keen foresight, vision and entrepreneurial skills like his father, he dominated the property scene in Selangor. The Groups’ property division, Bandar Utama Development Sdn Bhd, is one of the first property developer to embrace the ‘build-then-sell’ concept advocated by Malaysia’s Ministry of Housing and Local Government. For his vision and stewardship in directing the growth of the Groups from its first property development, Paramount Garden in Petaling Jaya, to the successful establishment of its ambitious award-winning green township - Bandar Utama, Tan Sri Dato’ (Dr) Teo Soo Cheng was presented the FIABCI Property Man of the Year Award 2002 in recognition of his lifetime achievements.

  Today, See Hoy Chan Holdings Group, Bandar Utama City Corporation Group and First Nationwide Group have emerged as the forerunners, having successfully ventured into plantations, leisure (recreations), world-class business and commercial centres, retails, property leasing, financing, hospitality (hotel), education and car-for-hire. The Groups have every reason to be proud of their many achievements and innovations, and the many awards and recognitions earned are testimony of the Groups’ excellent records.
First Nationwide Group - Headquarters

Residential Property Development

The property sector is led by the team with over 40 years of dedication to building community neighbourhoods and townships.

The Group has a proven track record of successful housing projects notably Paramount Garden, Damansara Utama and Damansara Jaya and currently the award-winning Bandar Utama, the much sought after residential address of professionals.

The Quest of the Group is to build communities, not just homes.

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Commercial Property Development

The Group is involved in commercial property development or investment, whereby commercial building spaces are leased to corporate clients. A few of the notable buildings owned by the Group are 1 First Avenue, Sri Pentas (TV3), KPMG Tower / Plaza IBM in Bandar Utama and Plaza First Nationwide in the city centre. This multi-dimensional MSC status building is the first private sector commercial building awarded the Gold Certification Green Building Index. Apart from the energy efficient features covering the 25,000 square feet floor plates, it also features on every floor an unique "garden in the sky" atriums and limited space available for lease. [view more...]


A new age city development like Bandar Utama needs businesses that serve the community. Evolving beyond the limits of traditional shop houses, Centrepoint features a one-stop ensemble of shops, services and convenient store offerings for a dynamic community to feel at ease and at home with. In short, Centrepoint is your one-stop neighbourhood centre.
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For more information, please visit www.centrepoint.com.my

For further enquiries, please contact:

Customer Service Centre Hotline
Tel: 03-7499 3791
Recreational Facilities

The Club @ Bukit Utama is Bandar Utama's latest gem. Set within its sprawling grounds is a host of recreational and sports facilities available exclusively for members and their families.

A lifestyle destination as well as an oasis to relax and unwind in. The Club is destined to be the social and sporting heart of the Bandar Utama community.

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For more information, please visit www.theclub.com.my
Home Mortgage

Mortgage Corporation Sdn Bhd (MCSB), part of First Nationwide Group, is a licensed lender committed to providing a customized and flexible financial package for our home buyer. As an in-house lender, one of our primary goals is to give our home buyer an access to a simple and convenient home loan all under one-roof. [view more...]

For further enquiries, please contact:
Tel: 03-7729 8363
Fax: 03-7729 8682
Mobile No.: 016-2130326

The Group is actively involved in the plantation sector and has a total of 23,500 acres of oil palm plantation located in Kelantan and Sabah.

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  Car Hire-&-Drive

First Nationwide Car Rental Sdn Bhd (FNCR) was established in 1992 by the Group to provide quality and affordable car Hire-&-Drive service in Malaysia. [view more...]

For further enquiries, please contact:

Mr. S.M. Chow
H/P : 016-2013 895
Tel: 03-7728 9788
Fax: 03-7727 8011
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  About First Nationwide Group: