The Singapore SESDAQ Fund, under the supervision of Dr. Tan Chong Koay till November 1993, was ranked top in a Micropal ranking of Far East Country Funds 1993. The Fund return was +248.9%* between January 1, 1993 and January 3, 1994.
Pheim Asset Management Sdn. Bhd. ( Pheim Malaysia ), one of the maiden asset management company in Malaysia when the asset management industry in Malaysia was first liberalised was founded by Dr Tan Chong Koay and began its operation on 4th January 1994.