Through our Agri Accelerator Venture, we are passionate about solving one of the most critical challenges of our time — food security. With an ever-growing population and increasing demand for sustainable food production, we believe that innovation in agriculture and aquaculture is key to ensuring a stable food supply for future generations.
We focus on nurturing promising agriculture and aquaculture startups that are developing technologies and methods to improve efficiency, sustainability, and yield. Our program provides startups with access to funding, mentorship, and resources to scale their businesses, make a measurable impact, and ensure food security for communities in Malaysia and beyond.
Malaysia’s rich agricultural landscape, coupled with its rapidly growing tech ecosystem, makes it the ideal location for pioneering advancements in agri-tech and aquaculture. By focusing on local startups, we aim to strengthen the domestic food supply while contributing to global innovation.
Dr. Koon Lip Choo
Executive Director and CEODr Koon Lip Choo holds a PhD and Doctorate of Business Administration in Investment Psychology, an MBA from the University of California Los Angeles, and a Bachelor in Science (Applied Mathematics) from the National University of Singapore.
Dr Choo has been the executive director and CEO of the Company since March 2016. Dr Choo was previously a non-executive director of ASX listed company Golden Mile Resources Limited (ASX.G88), of which Dr Choo was a co-founder. Dr Choo is also a director of several public unlisted and private companies which operate in the financial services and corporate advisory industries in Singapore and Malaysia.
Matthew Leonard
Non-executive DirectorMr Leonard is an accomplished and internationally proven business development professional. He has over 12 years of outstanding record of achievement in demanding, complex and highly competitive markets. He possesses expertise across advertising, marketing and media event management sector, with recent focus on linking opportunities with high-net-worth individuals throughout Asia.
Mr Leonard is a member of Golden Venture Capital, an Australian company which provides corporate advisory and consultancy services throughout Australia and international markets. As part of this work, Mr Leonard has assisted a number of companies with capital raising transactions throughout Asia and Australia. Matthew is an Executive Director of BPH Global Limited (ASX:BP8) (formerly Stemcell United Limited (ASX:SCU)), an ASX-listed company with business operations in Singapore, China and Australia. Within this role, Mr Leonard works closely on BPH Global’s projects in both Singapore and Australia, including liaising with government bodies such as Invest Victoria and the Western Australian Government.
Vincent Teo
Non-executive DirectorMr Vincent Teo is a founder and the current Managing Director of Ferlab. Mr Teo has been involved in the fertilizer production and supply industry in Malaysia since 2006.
Mr Teo commenced his sales career with Haiyasaki Corporation (Malaysia) selling fertilizer to major distributors in West Malaysia, before he moved to setting up and operating four (4) AgriStore agricultural supplies stores in Malaysia.
In 2012, Mr Teo established Kim Guan Thye Resources (a fertilizer trading company) and developed an in-house brand of premium grade fertilizers under the “GT-Tiger” brand name. In 2015, Mr Teo started supplying fertilizer to Government Sectors including PPK and State Government Estates.
Mr Teo, via Ferlab, is also the founder of the chain retail store brand “V-AgroMart”. In 2018, Ferlab was granted a franchise licence by the Malaysian government with respect to Ferlab’s “V-AgroMart” franchise business.
In 2017, Mr Teo expanded the Ferlab business into the international market, establishing a presence in Myanmar to cooperate with local universities to provide agricultural advisory services to sugarcane farmers and Government Estates.
In his position as Managing Director, Mr Teo continues to develop and expand upon Ferlab’s various business streams.