Faith Marine Sdn Bhd | APEA - Asia Pacific Enterprise Awards Asia Pacific Enterprise Awards
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MASTER ENTREPRENEUR CATEGORY

Ferdinand Wong
Founder & Managing Director


Faith Marine Sdn Bhd
www.faithmarine.com.my


Information about Entrepreneur
Mr. Ferdinand Wong exemplifies entrepreneurial excellence, merging technology with maritime expertise to address key industry challenges. Holding a Bachelor of Engineering (Mechanical) from Curtin University Sarawak, he founded Faith Marine Sdn Bhd (FM) in 2012. As Managing Director, Mr. Ferdinand Wong has spearheaded FM's innovations in ship design, naval architecture, marine engineering, and 3D production design, elevating the company to a leading position in maritime technology and enhancing industry efficiency.

Rooted in a family legacy of shipbuilding, Mr. Ferdinand Wong's journey began with Hung Seng Shipbuilding (M) Sdn Bhd, established in 1994 by his family in Sibu, Sarawak, Malaysia. This region is renowned globally for its shipbuilding prowess. The company specializes in designing a variety of vessels, including towing tugs, shallow draft utility workboats, offshore supply vessels, tankers, and barges, serving clients across Southeast Asia, Europe, the Middle East, Australia, and Russia.

Mr. Ferdinand Wong's vision extends beyond merely running and maintaining the family business. He is determined to elevate it to new heights by integrating advanced ship design and engineering solutions tailored to client needs. By implementing cutting-edge technology and innovative design into the shipbuilding process, Mr. Ferdinand Wong aims to engineer vessels that meet specific client requirements, ensuring both functionality and efficiency. His approach not only enhances the quality and performance of the ships but also positions this family business at the forefront of the maritime industry, driving growth and setting new standards.

Beyond his business ventures, Mr. Ferdinand Wong is an influential figure in several industry associations. He serves as the Secretary of the Sibu Shipyards Association and the Vice President of the Sarawak Maritime Federation and technical advisor to the East Malaysia Shipowners Association.

Other Interesting Facts about Entrepreneur
Mr. Ferdinand Wong's success is built on a foundation of core beliefs and values that guide his entrepreneurial journey. Recently honored with an illustrious award in the previous year for his excellence and visionary leadership in maritime and shipbuilding, his philosophy is encapsulated in the following four key areas.

Firstly is his Faith in Vision: Mr. Ferdinand Wong believes in the power of a clear vision to guide and motivate through challenges. His conviction that his ideas can have a global impact drives his relentless pursuit of innovation. He also embodies the philosophy of Resilience: He views failures and setbacks as opportunities for growth. Mr. Ferdinand Wong's ability to recover from adversity is a testament to his strength and determination.

Besides that, Mr. Ferdinand Wong believes in the importance of Team Collaboration: Recognizing the importance of teamwork, Mr. Ferdinand Wong trusts in his team's skills and expertise. This faith fosters a unified effort towards achieving common goals and driving the company's success. Finally, he is also a strong proponent of Timing and Opportunity: He understands the significance of timing in business success. Aligning innovations with market trends and societal needs, Ferdinand creates opportunities for growth and expansion.

Company Achievements & Role as Entrepreneur
Mr. Ferdinand Wong's visionary approach in entrepreneurial leadership involves setting ambitious goals, developing strategic plans, and inspiring his teams. He embraces calculated risks to foster growth and innovation, introducing new products and business models to the market. His strategic planning positions FM for long-term success, ensuring competitiveness in a dynamic industry.

Beyond innovation, Mr. Ferdinand Wong plays a critical role in day-to-day operations, sales, and marketing. His efforts in building customer relationships and driving revenue growth are pivotal. He also leverages his extensive networks to cultivate partnerships and support his ventures. His financial acumen ensures the company’s sustainability and profitability, managing resources and investments with precision.

Vision, Mission, & Future Plans
Mr. Ferdinand Wong envisions a future where maritime traditions are harmoniously integrated with advanced technology for sustainable ocean exploration. His mission is to redefine maritime design, safety, and sustainability by infusing high-tech methods with age-old wisdom.

His future plans include Product Innovation (Investing in R&D to bring disruptive technologies to market, addressing emerging needs in AI and sustainability), Market Expansion (Entering new markets to broaden the company's global footprint), Customer Engagement (Enhancing customer engagement through market research and user feedback), Talent Development (Attracting and nurturing top talent to drive growth and innovation), Sustainability Initiatives (Embedding sustainability in operations to minimize environmental impact), Financial Growth (Achieving sustainable growth through disciplined cost management and operational efficiency).

Mr. Ferdinand Wong’s advice to aspiring entrepreneurs is to remain resilient and unwavering in their vision. He believes that faith, in oneself and one’s team, is the cornerstone of success, enabling entrepreneurs to navigate challenges and realize their dreams.

MASTER ENTREPRENEUR CATEGORY

Ferdinand Wong
Founder & Managing Director

Information about Entrepreneur
Mr. Ferdinand Wong exemplifies entrepreneurial excellence, merging technology with maritime expertise to address key industry challenges. Holding a Bachelor of Engineering (Mechanical) from Curtin University Sarawak, he founded Faith Marine Sdn Bhd (FM) in 2012. As Managing Director, Mr. Ferdinand Wong has spearheaded FM's innovations in ship design, naval architecture, marine engineering, and 3D production design, elevating the company to a leading position in maritime technology and enhancing industry efficiency.

Rooted in a family legacy of shipbuilding, Mr. Ferdinand Wong's journey began with Hung Seng Shipbuilding (M) Sdn Bhd, established in 1994 by his family in Sibu, Sarawak, Malaysia. This region is renowned globally for its shipbuilding prowess. The company specializes in designing a variety of vessels, including towing tugs, shallow draft utility workboats, offshore supply vessels, tankers, and barges, serving clients across Southeast Asia, Europe, the Middle East, Australia, and Russia.

Mr. Ferdinand Wong's vision extends beyond merely running and maintaining the family business. He is determined to elevate it to new heights by integrating advanced ship design and engineering solutions tailored to client needs. By implementing cutting-edge technology and innovative design into the shipbuilding process, Mr. Ferdinand Wong aims to engineer vessels that meet specific client requirements, ensuring both functionality and efficiency. His approach not only enhances the quality and performance of the ships but also positions this family business at the forefront of the maritime industry, driving growth and setting new standards.

Beyond his business ventures, Mr. Ferdinand Wong is an influential figure in several industry associations. He serves as the Secretary of the Sibu Shipyards Association and the Vice President of the Sarawak Maritime Federation and technical advisor to the East Malaysia Shipowners Association.

Other Interesting Facts about Entrepreneur
Mr. Ferdinand Wong's success is built on a foundation of core beliefs and values that guide his entrepreneurial journey. Recently honored with an illustrious award in the previous year for his excellence and visionary leadership in maritime and shipbuilding, his philosophy is encapsulated in the following four key areas.

Firstly is his Faith in Vision: Mr. Ferdinand Wong believes in the power of a clear vision to guide and motivate through challenges. His conviction that his ideas can have a global impact drives his relentless pursuit of innovation. He also embodies the philosophy of Resilience: He views failures and setbacks as opportunities for growth. Mr. Ferdinand Wong's ability to recover from adversity is a testament to his strength and determination.

Besides that, Mr. Ferdinand Wong believes in the importance of Team Collaboration: Recognizing the importance of teamwork, Mr. Ferdinand Wong trusts in his team's skills and expertise. This faith fosters a unified effort towards achieving common goals and driving the company's success. Finally, he is also a strong proponent of Timing and Opportunity: He understands the significance of timing in business success. Aligning innovations with market trends and societal needs, Ferdinand creates opportunities for growth and expansion.

Faith Marine Sdn Bhd
www.faithmarine.com.my


Company Achievements & Role as Entrepreneur
Mr. Ferdinand Wong's visionary approach in entrepreneurial leadership involves setting ambitious goals, developing strategic plans, and inspiring his teams. He embraces calculated risks to foster growth and innovation, introducing new products and business models to the market. His strategic planning positions FM for long-term success, ensuring competitiveness in a dynamic industry.

Beyond innovation, Mr. Ferdinand Wong plays a critical role in day-to-day operations, sales, and marketing. His efforts in building customer relationships and driving revenue growth are pivotal. He also leverages his extensive networks to cultivate partnerships and support his ventures. His financial acumen ensures the company’s sustainability and profitability, managing resources and investments with precision.

Vision, Mission, & Future Plans
Mr. Ferdinand Wong envisions a future where maritime traditions are harmoniously integrated with advanced technology for sustainable ocean exploration. His mission is to redefine maritime design, safety, and sustainability by infusing high-tech methods with age-old wisdom.

His future plans include Product Innovation (Investing in R&D to bring disruptive technologies to market, addressing emerging needs in AI and sustainability), Market Expansion (Entering new markets to broaden the company's global footprint), Customer Engagement (Enhancing customer engagement through market research and user feedback), Talent Development (Attracting and nurturing top talent to drive growth and innovation), Sustainability Initiatives (Embedding sustainability in operations to minimize environmental impact), Financial Growth (Achieving sustainable growth through disciplined cost management and operational efficiency).

Mr. Ferdinand Wong’s advice to aspiring entrepreneurs is to remain resilient and unwavering in their vision. He believes that faith, in oneself and one’s team, is the cornerstone of success, enabling entrepreneurs to navigate challenges and realize their dreams.