Lion Group Malaysia is headed by chairman and chief executive officer William Cheng.
Cheng's grandfather founded Lion as a small trading company in Singapore after leaving China in the 1920s.
[1] Lion Group's key assets in Malaysia are two steel mills with a capacity of 3 million tons a year, a forest concession in Sabah that is four times the size of Singapore, and the Silverstone tyre making business.
The group has offices in Malaysia, Singapore, Indonesia, Vietnam, Cambodia, Sri Lanka, the United States and Mexico.
[3] In 2018, Lion Industries entered into an agreement to acquire the assets of Megasteel Sdn Bhd in an attempt to pay off the latter's debts.