PAUL ANG BENG TECK
PAUL ANG BENG TECK is the owner and founder of LaundryBar, also Group Managing Director / Chief Executive Officer of The City Coin Group. Paul who was appointed acting Group CEO on Aug 1, 2014 was confirmed to the position following a board of directors meeting on Nov 20, 2014.
Born and raised in Kuala Lumpur is the eldest of two siblings. Paul Ang, an Associate of International Accountant year 1999, and also Diploma in Malaysia Taxation Year 2002. From a young age, he was passionate about business and developed a franchise that could penetrate local and foreign markets.
With strong spirit and passion, he facing many obstacles and challenges of raising the Laundrybar brand in the eyes of the world, Paul Ang has successfully overcome it, making the Laundrybar brand the number one consumer-friendly laundry brand in southeast Asia.
He registers LaundryBar business as a franchisor with The Ministry of Domestic Trade and Consumer Affairs (KPDNHEP) and Perbadanan Nasional Berhad (PNS) and Paul Ang was proudly appointed as Council Member of Malaysia Franchise Association (MFA) in July 2018.
Paul Ang and partner introduced LaundryBar brand which represents City Coin Group then vigorously promoted the LaundryBar franchise to SME entrepreneurs. Today, there are more than 400 LaundryBar stores in Malaysia, Thailand, Brunei, and Turkey and also lead City Coin Group received numerous accolades including the SME 100 Awards 2016, Nan Yang Golden Eagle Award 2017, Sin Chew Award 2017 & 2019 and Emerging Franchisor of the year 2018 & 2019 for its fast-growing, environment – friendly, and sustainable business model.
“I always believe and hold tightly to this principle in business. To become a successful franchisor, we need to work hand in hand with the franchisees to take the business to another level. Franchisor must be proactive in eveloping innovative ideas in order to boost franchisees performance. Together we succeed is the company’s main goal through the leading brand in launderette service in Malaysia.” – Paul Ang.