Labuan Trust Company
Learn about the founder of Corporate Services Trust, our history and principles.
Senior Management & Board Members
Clament Chua (MIA CA 20366) – Senior Partner & Director
Clament was born in Labuan and a 3rd generation native of Labuan. He was one of the first local to set up his Labuan Trust Company in Labuan IBFC. He started Corporate Services Trust Co Ltd in 2009, a professional Labuan Secretarial firm which is licensed and registered under the Labuan Financial Services & Securities (LFSA) Act 2010. Clament started his career with Ernst & Young and after holding few senior appointments he decided to start Corporate Services Trust Co Ltd. Clament is also the Resident Secretary of Expertserve Corporate Services Sdn Bhd, an onshore secretarial firm based in Labuan with more than 500 companies under its management. He is the Senior Partner of CK Chua Partners.
Clament’s family has a long and rich history in Labuan. His great grandfather was Hokkien Ann Kway from the Province of Fujian in South Eastern China and was a Merchant during the British colony of Straits Settlements.
Clament graduated from the Middlesex University Business School in London in 1995 with Honors in Accounting and holds a Chartered Global Management Accountant qualifications which are jointly awarded by The Chartered Institute of Management Accountants of United Kingdom and the American Institute of Certified Public Accountants. He is also a member of The Chartered Institute Tax of Malaysia and The Asian Institute of Chartered Bankers. Clament is an approved Trust Officer licensed by the LFSA.
Steven Chin Fong Yuen (MIA CA 38313) – Partner & Director
Steven was born in Labuan and is co owner of the firm. He was one of the pioneer staff to join Corporate Services Trust Co Ltd from KPMG and qualified as a CPA and CA under the firm educational sponsorship program. Steven graduated from the Coventry University in United Kingdom in 2010 with Honors in Accounting and is a member of the Malaysia Institute of Accountants and is licensed by Labuan Financial Services Authority. Steven is a Partner of CK Chua Partners
Ho Yun Tong (MIA CA 3828 ) – Director
Mr. Ho originally from Tawau, Sabah but has been residing in Labuan for more than 30 years. He previously hold senior position in the Lions Group and has more than 30 years working experiences in auditing, human resources, administration and treasury. He is a Fellow of the Association of Certified Chartered Accountant of United Kingdom and a member of the Malaysian Institute of Accountants. He is also a member of The Chartered Institute Tax of Malaysia and a Certified Financial Planner. Mr Ho is the Senior Partner of Ho & Partners Chartered Accountant in Labuan
Labuan IBFC, My Home Town
Labuan was originally under the rule of the Sultan of Brunei and was proclaimed a duty free port when it was handed over by the Raja Muda Hasim on 18 December 1846 to the British empire. Rajah James Brooke was appointed as the first Governor of Labuan in 1847 and the administration of the island was handed over to North Borneo Chartered Company on 1st January 1890. It was reverted back to British government rule in 1904 and the island was placed under the administration of Straits Settlement in 1907.
In 1942 The Japanese Army invaded Labuan and took control of the island where the name was later changed to Maida Island. In 1945, Jeneral Masao Baba signed a surrender letter at Layang Layang Beach Surrender Point in front of Jeneral Mejar George F. Wootten, 9th Division Commander of the Australian Allied Forces after the end of World War II. Labuan under the State of Sabah became independent when it joined the Federation Of Malaysia on 16th September 1963. On 16 April 1984, Labuan was proclaimed as the Federal Territory of Labuan in 1 October 1990 Labuan was pronounced as the International Offshore Financial Centre. (IOFC).
Our Mission: Tailored Solutions for your Global Needs.
We aim to be one of the major trust company in Labuan and to grow your business together with ours.