Your Trusted Capital Financing Partner

Our Business

Pac Lease Berhad (Pac Lease) was incorporated as a private limited company on 9 May 1996 and was converted into a public limited company in June 2011. We have been a wholly-owned subsidiary of OCBC Capital (Malaysia) Sdn Bhd since May 2012.

Pac Lease primarily offers hire purchase facilities for capital equipment and machinery as well as term loans, bridging loans/development loans, asset financing loans, as well as working capital and trade financing facilities to SMEs. With our Headquarters in KL and 15 branches across Malaysia, we also offer insurance products, property term loan and other financing facilities.

Our Vision

To be the leader in the Capital Equipment Financing (CEF) market in Malaysia.

Our Mission

To become the Centre of Excellence in CEF for OCBC Group.

Corporate Philosophy – Fair dealing

Our success is dependent on our ability to build enduring relationships with our customers and suppliers. This involves treating our customers and suppliers with respect and trust, and consistently dealing with them in a fair and professional manner.

Integrity and Professionalism

We encourage a culture that fosters high standards of ethics, professionalism and integrity. We adopt consistent and fair principles, values and ethics. We believe in fair dealings made in a timely manner. Being trustworthy and committed is our corporate responsibility.

Customer Focus

Customers’ needs are our primary focus. We build credibility, trust and rapport to maintain long term and solid relationship with our customers. We reinforce a “Customer First” orientation through leadership and vision.

Result Focus

Our employees are driven to attain a culture of excellence and be results-oriented. We encourage innovations, quality improvement initiatives and value-added standards.

Teamwork

As a team, we promote “one team, one direction”. We share and support one another in achieving our business goals. In addition, we emphasise on a work culture that promotes harmony, cooperation and high team spirit.

Convenient & Flexible

15 Branches Nationwide

Fast Approval

Low Financing Cost

Ease Your Capital Outlay

Company Profile

Company Name Pac Lease Berhad 199601014303 (386653-K)
Year of Establishment 1996
Registered Address 19th Floor, Menara OCBC, 18, Jalan Tun Perak, 50050 Kuala Lumpur.
Business Addresss Level 12-13, Menara Haw Par, Jalan Sultan Ismail, 50250 Kuala Lumpur.
Representative Mr. Chen Kok Bong (CEO)
Financial Year End 31 December
Staff Strength Approx 200
Nature of Business Mainly hire purchase
Distribution Network 15 Branches nationwide and KL Office
RAM Rating AA3/Stable/P1
https://www.ram.com.my/pressrelease/?prviewid=6051
MARC Rating AA/MARC-1
https://www.marconline.com.my/press/6053890047032

Board of Directors

Mr. Mevin Nevis
Mr. Mevin Nevis (“Mr. Nevis“) is an Associate of the Chartered Institute of Bankers UK with an MBA in business management and he is also a Certified Risk Professional (CRP), BAI Certification Centre USA.

He has over 35 years of banking experience with responsibilities covering banking operations, and trade finance, credit, commercial, corporate and transaction banking. His senior managerial positions included regional manager and head of areas such as SME, local corporates, transaction banking and product management. Mr. Nevis also served in the United States as vice president and regional account manager in charge of business development among US corporates with business interests in South East Asia. His experience extends to Islamic banking as well, having played a key leadership role in an international Islamic bank where he helped transform its corporate business.

Mr. Nevis was appointed a Director of OCBC Al – Amin Berhad (“OABB”) in November 2022. Prior to his appointment in OABB, Mr. Nevis was Head Operations of the Corporate Debt Restructuring Committee (CDRC), under the purview of Bank Negara Malaysia.

Mr. Nevis was appointed to the Board and Chairman of Pac Lease in October 2023.
Mr. Lim Yau Seong
Mr. Lim Yau Seong (“Mr. Lim“) is a certified Chartered Banker who holds a Master of Business Administration from the University of Strathclyde, United Kingdom and a Bachelor of Economics (First Class Honours) from Universiti Malaya.

Mr. Lim has more than 37 years of experience in the banking industry. He has held various senior management positions in commercial loans, consumer services, emerging business, and enterprise strategic marketing during his long tenure at OCBC Malaysia. He was the Head of Operations & Technology before he became the Chief Operating Officer of OCBC Malaysia. He retired from OCBC Malaysia in November 2023.

Mr. Lim was appointed to the Board of Pac Lease in June 2024.
Mr New Jing Yan
Mr. New Jing Yan (“Mr. New“) holds a Masters of Business Administration from the University of Arkansas, United States of America (“USA“), and a Bachelor’s Degree of Science in Biology (Honours) from Oral Roberts University, USA. He was awarded fellowship scholarships from the universities. He has thirty five (35) years of experience in banking, with focus on lending to large corporates and SMEs, customer relationship, risk management, and project lending to real estate industry.

Mr. New started his career in Citibank Berhad as a Management Associate and rose to the rank of Vice President, and assumed the role of Head of Corporate Banking II, and then Head of Real Estate. In 1997, he joined OCBC Singapore’s international division and later served as Chief Representative in Ho Chi Minh City, Deputy General Manager of the Hong Kong Branch and General Manager & Country Head in the Bangkok Branch before being posted to OCBC Malaysia in 2005. As the Managing Director & Head of the Real Estate Segment in Large Corporate Division, he was responsible for formulation of business plan, managing customer relationship, maintaining portfolio quality, and reviewing real estate risk grading process until his retirement in May 2021.

Mr. New was appointed to the Board of Pac Lease in March 2022.
Mr. Tan Chor Sen, Christopher
Mr. Christopher Tan Chor Sen (“Mr. Tan“) holds a Bachelor of Business Administration from the National University of Singapore and is an Institute of Banking and Finance Singapore (IBF) Fellow (Corporate Banking). He has over thirty-three (35) years of banking experience began in commercial banking with postings in consumer banking and later several positions in corporate and offshore banking.

Mr. Tan started his career at OCBC in Singapore in 2005 as Head of Emerging Business, where he redefined the bank’s approach to small businesses, making OCBC a leading SME bank in Singapore, serving one in every two SMEs. He expanded the SME business to Malaysia, Indonesia, and Hong Kong, introducing tailored digital solutions, innovative business models and service innovations tailored for SMEs. For Malaysia, he oversaw the launch of the SME cash business and digital account opening for businesses. In 2012, he became the Head of International, Global Commercial Banking, overseeing growth and cross-border initiatives in OCBC’s core markets, particularly within ASEAN and Greater China, for a decade. In January 2023, he was appointed as the Chief Executive Officer of OCBC Malaysia.

Mr. Tan was appointed to the Board of Pac Lease in October 2023.
Mr Chen Kok Bong, Joe
Mr. Chen Kok Bong, Joe (“Mr. Chen“) holds a Bachelor of Economics (Honours), majoring in Accounting and Business Finance from University of Manchester, United Kingdom and a Master of Business Administration (Finance) from City University Business School, London (now known as Bayes Business School).

Mr. Chen started his career as a trainee bank officer in 1985 with OCBC and rose through the ranks to hold various senior management positions with OCBC. During his twenty (20) years of tenure with OCBC, Mr. Chen had managed various Klang Valley branches, headed the Enterprise Banking Department and played key roles in numerous strategic projects undertaken by OCBC.

Mr. Chen also had a short stint in the corporate sector when he briefly left OCBC between 2003 and 2006 to spearhead a property development company as its CEO. He re-joined OCBC in 2007 as the Regional Head for East Coast & East Malaysia and later with added responsibility as Real Estate Specialist for Commercial Banking. He was also involved in the formulation of the business banking strategy for OCBC Al-Amin Bank Berhad (“OCBC Al-Amin”), a wholly-owned subsidiary of OCBC that provides Shariah compliant products and services.

Mr. Chen joined Pac Lease as the CEO in April 2009 and he was appointed to the Board of Pac Lease in February 2016.