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The Zeal of A True
  Entrepreneur
Tengku Farith realized his passion for entreneurship, when he
successfully won a project for Road Builder, a construction company that
he worked for. He had a first taste of what is like to build something from
scratch, while doing Business Development for Road Builder.


At that time, they were bidding for Kuantan Ports project, which was
supposed to be privatized together with Kemaman Port. The government
had shortlisted Road Builder and DRB-Hicom as two main contenders
for the project. Instead of risking it all, they proposed to Economic
Planning Unit (EPU) that the privatization be split into two. They agreed
and DRB got Kemaman while Road Builder got Kuantan. It was a good
compromise, he learnt that in pitching for business, it’s wrong to adopt
an all-or-nothing attitude. Sometimes there’s enough to go around so
everybody can get a piece of the pie.
When he recalls of the projects that SKALI failed to win, he always reminds himself of Sun Tzu’s advice in the
Art of War: “Pick the battles and terrains where you are strongest and where your competitors are
the weakest”.


This mantra helped Tengku Farith and his team in bidding big projects like Employees Provident Fund (EPF)
website. SKALI was awarded the contract to build a website for EPF, which was worth RM3 million. In spite
of SKALI being a small local start-up, it had an advantage of being experienced portal building company,
which helped to win the project. EPF called several times seeking clarifications on various aspects of the
proposal before awarding the project. However, building the website proved to be a bigger challenge than
winning the project. Not only the system requirements was challenging but also finance to kick start the
project, was far more difficult. Tengku Farith and team were disheartened when they realize they have a big
project in hand but getting a loan was not possible, however they trudged on because the EPF portal was too
important project to let go.


After various attempts to seek for financing, SKALI managed to get the required financial assistance from
Malaysian Debt Ventures (MDV). Upon completion of the EPF website, SKALI gained more confidence to bid
for other big government projects.
Tengku Farith Rithauddeen, the Group CEO of SKALI struggled with a long journey of
challenges before reaching the position he is today.


Though being a son of former government minister, Tengku Farith and his siblings were
not pampered with an easy life. They were brought up with discipline like any other
children and achieve success through the hard way.
Was sent to Ottawa, Canada at the age of 13 to continue his studies in high school and
later in college. He finally graduated from Carleton University with a Bachelor’s degree in
Economics in 1992.




He recalls that entrepreneurship being taught to him at very young age by his parents,
when he was asked to manage the collection of rental of the family properties in Canada
and pay out the utilities, taxes and necessary dues. His mother used to train him and his
siblings on financial management, by asking them to produce financial statements of their
expenditure.
Tengku Farith’s career began with Commerce International Merchant
Bankers (CIMB) in the corporate finance division. He was a key team
member in the Corporate Finance and Capital Market divisions. He has
in-depth knowledge about corporate restructuring, corporate financing
and financial re-engineering.




Throughout his career at CIMB, Tengku Farith established relationships with various investment
bankers, analysts, researchers, venture capitalists and private investors, and was involved in
corporate advisory services for Penang Port, agencies under the Ministry of Rural Development and
KPJ Healthcare Bhd.
He then moved on to Road Builder (M) Holdings Bhd and was responsible for its business development in property
and infrastructure projects. At Road Builder, he was instrumental in securing numerous privatization projects
relating to property and infrastructure.


During his tenure at Road builder, Tengku Farith led a team to turn around a local manufacturing company involved
in the building materials industry. In his four-year stint as CEO of this company, he earned valuable experience in
managing the day-to-day and hands-on operations of two factories employing 160 employees.


                                           While he was attached to Road Builder, Tengku Farith formed ACIF
                                           Resources, a consultancy firm with Azmi and Aimi (his ex-colleagues from
                                           CIMB). Later, the three of them team up with Maznida Mokhtar, Mohd
                                           Reza Shafiee, Mohd Hisham Mohd Isa and Harjono Zainal Abidin, to do

                                           the Alta Vista’s search engine project.
However, they could not run the business as successful as they expected due to lack of demand in online advertising
and failure to generate traffic as forecasted. The entire team was on a pressure to meet their agreement with AltaVista
to pay US$360,000 traffic fees, regardless whether they manage to drive actual traffic or not.


Tengku Farith decided to come on board full-time, leaving his steady job at Road Builder. This was exactly when SKALI
was on huge debts, unsettled loans and large amount of pending staff salaries. He felt that move was vital as all his
other business partners were on a battle to manage shareholders, creditors, unhappy employees, while running
business operations as usual.
When the business model was no longer sustainable, Tengku Farith and his
partners decided to diversify to broaden their revenue base, and they
succeeded in doing that too. They built small data centre and with the booming
of dotcom at that point of time, they managed to take advantage of the
demand for hosting services.


Upon coming on board as a full-time president in SKALI, Tengku Farith was
responsible to handle creditors and funding issues. With a huge amount of
debts, Tengku Farith and team began to strategize the settlement of pending
payments through revenues from data centre business and skali.com. They
were also on serious search of potential investors to increase funding of the
company. After a long and continuous search for investors, SKALI managed to
get a few like Transpac, Time DotCom and Malaysia Airports Berhad (MAB).

By end of 1999, SKALI was on pretty good financial footing. The data centre
business was booming well, resulting 88% year-on-year revenue growth. This
progress won the confidence of the investors. The co-founders of SKALI were
leveraging on each other’s strengths and optimize all possible opportunities
that come their way.
During his journey of being an entrepreneur, Tengku Farith was exposed to associations like New Entrepreneur Forum
(NEF) which aimed to promote the development of Bumiputera ICT entrepreneurs and Technopreneurs Association
of Malaysia (TeAM), an association formed by a group of Malaysia Technopreneurs and to assist in the development
of the Digital Economy in Malaysia.
As a result of his active involvement in NEF and TeAM, Tengku Farith was instrumental in the establishment of SKALI
Netpreneurs Acceleraion Program (SNAP). SNAP is an initiative for Asian Netpreneurs to leverage the pool of SKALI's
experience, expertise, resources and business networking. SNAP creates and adds further value for investors,
Netpreneurs and communities in general by sharing an in-depth knowledge base and widening the reach of Internet
opportunities.
Along the journey, SKALI also managed to record a good image with the government. SKALI was one of
the early adopters of Open Source. The idea of using an inexpensive platform to build website, create
and edit content turned out to be a smart choice. SKALI was able to make huge savings and not only
that, SKALI was invited to give some inputs when government decided that Malaysia should evaluate
the readiness to adopt Open Source platforms.

                                          Having gone through a journey of challenges since
                                          its inception in 1996, SKALI stands tall today and
                                          their vision to grower bigger is clearly visible as they
                                          prepare for listing exercise next year. Today SKALI is
                                          one of the notable ICT players who provide
                                          innovative products and services like data centre
                                          services, first cloud provider and recognized web
                                          portal developer. Behind the success of SKALI,
                                          Tengku Farith is one of the great contributor.
Being an entrepreneur, Tengku Farith learnt value of money,
importance of networking with community and proper management of
business models. The essences of entrepreneurship to him simply
means continuous effort of getting up after each fall and try better the
next round.

Not only Tengku Farith has achieved his dreams of forming SKALI to be
one of the leading ICT company in the region, he has also made this
nation proud through the e-government project called Managed Portal
Services, which sees SKALI entrusted to improve and upgrade
Malaysia’s government portals and websites.
“You got to be innovative with your

offerings – be different, identify

uniqueness of your product/services.

Entrepreneurs should posses NEVER give up

attitude in order to be successful.”


     https://www.facebook.com/tengku.farith?ref=ts&fref=ts


     https://twitter.com/tengkufarith
Tengku Farith Rithauddeen is presently spearheading the overall operational and management
of SKALI Group. For more information on Tengku Farith and SKALI, please visit www.skalilagi.net
and www.skali.net

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The Zeal of A True Entrepreneur

  • 1. The Zeal of A True Entrepreneur
  • 2. Tengku Farith realized his passion for entreneurship, when he successfully won a project for Road Builder, a construction company that he worked for. He had a first taste of what is like to build something from scratch, while doing Business Development for Road Builder. At that time, they were bidding for Kuantan Ports project, which was supposed to be privatized together with Kemaman Port. The government had shortlisted Road Builder and DRB-Hicom as two main contenders for the project. Instead of risking it all, they proposed to Economic Planning Unit (EPU) that the privatization be split into two. They agreed and DRB got Kemaman while Road Builder got Kuantan. It was a good compromise, he learnt that in pitching for business, it’s wrong to adopt an all-or-nothing attitude. Sometimes there’s enough to go around so everybody can get a piece of the pie.
  • 3. When he recalls of the projects that SKALI failed to win, he always reminds himself of Sun Tzu’s advice in the Art of War: “Pick the battles and terrains where you are strongest and where your competitors are the weakest”. This mantra helped Tengku Farith and his team in bidding big projects like Employees Provident Fund (EPF) website. SKALI was awarded the contract to build a website for EPF, which was worth RM3 million. In spite of SKALI being a small local start-up, it had an advantage of being experienced portal building company, which helped to win the project. EPF called several times seeking clarifications on various aspects of the proposal before awarding the project. However, building the website proved to be a bigger challenge than winning the project. Not only the system requirements was challenging but also finance to kick start the project, was far more difficult. Tengku Farith and team were disheartened when they realize they have a big project in hand but getting a loan was not possible, however they trudged on because the EPF portal was too important project to let go. After various attempts to seek for financing, SKALI managed to get the required financial assistance from Malaysian Debt Ventures (MDV). Upon completion of the EPF website, SKALI gained more confidence to bid for other big government projects.
  • 4. Tengku Farith Rithauddeen, the Group CEO of SKALI struggled with a long journey of challenges before reaching the position he is today. Though being a son of former government minister, Tengku Farith and his siblings were not pampered with an easy life. They were brought up with discipline like any other children and achieve success through the hard way.
  • 5. Was sent to Ottawa, Canada at the age of 13 to continue his studies in high school and later in college. He finally graduated from Carleton University with a Bachelor’s degree in Economics in 1992. He recalls that entrepreneurship being taught to him at very young age by his parents, when he was asked to manage the collection of rental of the family properties in Canada and pay out the utilities, taxes and necessary dues. His mother used to train him and his siblings on financial management, by asking them to produce financial statements of their expenditure.
  • 6. Tengku Farith’s career began with Commerce International Merchant Bankers (CIMB) in the corporate finance division. He was a key team member in the Corporate Finance and Capital Market divisions. He has in-depth knowledge about corporate restructuring, corporate financing and financial re-engineering. Throughout his career at CIMB, Tengku Farith established relationships with various investment bankers, analysts, researchers, venture capitalists and private investors, and was involved in corporate advisory services for Penang Port, agencies under the Ministry of Rural Development and KPJ Healthcare Bhd.
  • 7. He then moved on to Road Builder (M) Holdings Bhd and was responsible for its business development in property and infrastructure projects. At Road Builder, he was instrumental in securing numerous privatization projects relating to property and infrastructure. During his tenure at Road builder, Tengku Farith led a team to turn around a local manufacturing company involved in the building materials industry. In his four-year stint as CEO of this company, he earned valuable experience in managing the day-to-day and hands-on operations of two factories employing 160 employees. While he was attached to Road Builder, Tengku Farith formed ACIF Resources, a consultancy firm with Azmi and Aimi (his ex-colleagues from CIMB). Later, the three of them team up with Maznida Mokhtar, Mohd Reza Shafiee, Mohd Hisham Mohd Isa and Harjono Zainal Abidin, to do the Alta Vista’s search engine project.
  • 8. However, they could not run the business as successful as they expected due to lack of demand in online advertising and failure to generate traffic as forecasted. The entire team was on a pressure to meet their agreement with AltaVista to pay US$360,000 traffic fees, regardless whether they manage to drive actual traffic or not. Tengku Farith decided to come on board full-time, leaving his steady job at Road Builder. This was exactly when SKALI was on huge debts, unsettled loans and large amount of pending staff salaries. He felt that move was vital as all his other business partners were on a battle to manage shareholders, creditors, unhappy employees, while running business operations as usual.
  • 9. When the business model was no longer sustainable, Tengku Farith and his partners decided to diversify to broaden their revenue base, and they succeeded in doing that too. They built small data centre and with the booming of dotcom at that point of time, they managed to take advantage of the demand for hosting services. Upon coming on board as a full-time president in SKALI, Tengku Farith was responsible to handle creditors and funding issues. With a huge amount of debts, Tengku Farith and team began to strategize the settlement of pending payments through revenues from data centre business and skali.com. They were also on serious search of potential investors to increase funding of the company. After a long and continuous search for investors, SKALI managed to get a few like Transpac, Time DotCom and Malaysia Airports Berhad (MAB). By end of 1999, SKALI was on pretty good financial footing. The data centre business was booming well, resulting 88% year-on-year revenue growth. This progress won the confidence of the investors. The co-founders of SKALI were leveraging on each other’s strengths and optimize all possible opportunities that come their way.
  • 10. During his journey of being an entrepreneur, Tengku Farith was exposed to associations like New Entrepreneur Forum (NEF) which aimed to promote the development of Bumiputera ICT entrepreneurs and Technopreneurs Association of Malaysia (TeAM), an association formed by a group of Malaysia Technopreneurs and to assist in the development of the Digital Economy in Malaysia. As a result of his active involvement in NEF and TeAM, Tengku Farith was instrumental in the establishment of SKALI Netpreneurs Acceleraion Program (SNAP). SNAP is an initiative for Asian Netpreneurs to leverage the pool of SKALI's experience, expertise, resources and business networking. SNAP creates and adds further value for investors, Netpreneurs and communities in general by sharing an in-depth knowledge base and widening the reach of Internet opportunities.
  • 11. Along the journey, SKALI also managed to record a good image with the government. SKALI was one of the early adopters of Open Source. The idea of using an inexpensive platform to build website, create and edit content turned out to be a smart choice. SKALI was able to make huge savings and not only that, SKALI was invited to give some inputs when government decided that Malaysia should evaluate the readiness to adopt Open Source platforms. Having gone through a journey of challenges since its inception in 1996, SKALI stands tall today and their vision to grower bigger is clearly visible as they prepare for listing exercise next year. Today SKALI is one of the notable ICT players who provide innovative products and services like data centre services, first cloud provider and recognized web portal developer. Behind the success of SKALI, Tengku Farith is one of the great contributor.
  • 12. Being an entrepreneur, Tengku Farith learnt value of money, importance of networking with community and proper management of business models. The essences of entrepreneurship to him simply means continuous effort of getting up after each fall and try better the next round. Not only Tengku Farith has achieved his dreams of forming SKALI to be one of the leading ICT company in the region, he has also made this nation proud through the e-government project called Managed Portal Services, which sees SKALI entrusted to improve and upgrade Malaysia’s government portals and websites.
  • 13. “You got to be innovative with your offerings – be different, identify uniqueness of your product/services. Entrepreneurs should posses NEVER give up attitude in order to be successful.” https://www.facebook.com/tengku.farith?ref=ts&fref=ts https://twitter.com/tengkufarith
  • 14. Tengku Farith Rithauddeen is presently spearheading the overall operational and management of SKALI Group. For more information on Tengku Farith and SKALI, please visit www.skalilagi.net and www.skali.net