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Kingsley Consulting Sdn Bhd200301021012 (623432-W)

Internal Audit & Risk Advisory with Independent, Risk-Based Assurance.

Kingsley Consulting supports governance excellence through outsourced/co-sourced internal audit, enterprise risk advisory, and pre-IPO internal control readiness.

Internal AuditRisk AdvisoryGovernanceComplianceIPO Readiness
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About Us

Kingsley Consulting Sdn Bhd is a dedicated, independent internal audit division established in 2020. Operating independently from our associate, we bring focused expertise in risk-based internal audit, pre-IPO internal control review, and risk advisory, delivering objective, value-driven assurance that empowers organisations to strengthen governance, navigate risk with confidence, and build sustainable growth.

Executives reviewing audit reports in boardroom

Our Story

Formally established in 2020 as an independent internal audit division. While affiliated with SC Lim, Ng & Co PLT as an associate, Kingsley Consulting operates with full independence to ensure objectivity and integrity in all engagements.

Consultants analyzing risk and process dashboard

Our Focus

Dedicated to internal audit, risk advisory, corporate governance, and pre-IPO internal control review services.

Regional business reach and network collaboration concept

Our Reach

Offices in Kuala Lumpur and Muar, Johor, serving clients across Malaysia and the region.

Our Services

Co-Sourcing Internal Audit

Flexible specialist collaboration to strengthen in-house IA capacity and quality.

  • Flexible engagement ongoing or project-based
  • Addresses resource limitations, skill gaps or surge in audit activity
  • Subject matter expertise in specialised areas (IT, regulatory compliance)
  • Enhances audit coverage, quality and objectivity
  • Promotes knowledge transfer to in-house staff

IPO Readiness

Practical control and governance preparation for listing and pre-IPO requirements.

  • Review and enhancement of internal controls and risk management frameworks
  • Development of policies, SOPs and governance documentation
  • Advisory on governance structure and board committee setup
  • Internal audit setup and compliance with listing requirements
  • Coordination with external parties (reporting accountants, co-secs)

Risk Advisory Services

Process Documentation

Depicting how processes fit into the organisation's activities with specific details, technical specifications and procedures. We help clients understand each step, time-saving shortcuts and performance standards across separate parts of the business.

Malaysian Code of Corporate Governance (MCCG 2021)

Reviewing and determining the level of readiness in adoption of the MCCG 2021. Under paragraph 15.25 of the Bursa Malaysia Listing Requirements, listed companies must ensure their board provides an overview statement of application of MCCG principles in the annual report.

Our methodology is guided by the COSO Internal Control Integrated Framework and ISO 31000 Risk Management standards.

Our IA Approach

Our internal audit methodology is risk-based and guided, in all material respect, by the International Professional Practices Framework (IPPF) issued by the Institute of Internal Auditors.

Understand organisation structure and operations. Analyse performance. Interview Management team and Directors. Prepare risk-based internal audit strategy.

Perform business process analysis and risk assessment on selected auditable activities. General control assessment. Prepare audit program and propose timeline.

Carry out detailed assessment of the adequacy and effectiveness of internal control systems. Follow-up on implementation status of prior IA recommendations.

Finalise internal audit and follow-up reports and communicate recommendations to Management. Present critical findings to Senior Management and Audit Committee.

Our Core Values

We place great emphasis on constant communication with clients' management throughout the course of our engagement.

Unique Approach

Proprietary tools supporting end-to-end governance, risk and compliance solutions. Comprehensive view on strategic, operational, financial and compliance risks.

Industry Knowledge

Diverse skill sets and business knowledge across multiple industries. Leverage recognised frameworks including COSO Internal Control and ISO 31000.

Commitment

Core leaders spend considerable time in the field. Committed to knowledge transfer as part of every service delivery.

Our IA Team Leaders

Our core team is led by experienced and competent professionals who possess significant experience in internal audit and internal control review, with deep understanding of the key drivers for implementing effective risk management frameworks across various kinds of organisations.

Mike Soon

Director, Internal Audit

Kingsley Consulting Sdn Bhd

  • 15+ years experience in statutory audit, internal audit, operational risk & control review and financial due diligence
  • Extensive exposure in construction, property development, furniture, precision engineering, rubber & cocoa processing, FMCG, and palm oil upstream & downstream
  • Led multiple Pre-IPO internal control assessments and corporate governance reviews for Bursa-listed companies
  • MIA member and AIIA affiliate | Bachelor in Accounting

+60 10 247 8613 | mikesoon@scln.com.my

VT

Venus Tan

Director, Internal Audit

Kingsley Consulting Sdn Bhd

  • 13+ years experience from PricewaterhouseCoopers Singapore (Internal Audit Services) and Ernst & Young Singapore
  • Specialises in risk & internal controls advisory, Internal Control Review, Business Process Review and J-SOX Compliance Review
  • Diverse industry exposure: Healthcare, Telco, Manufacturing, Construction, Retail, Coal Mining, Airport Ground Handling
  • Fellow ACCA | 1st Class Honours, Accounting, University of Hertfordshire

+60 11 3580 5001 | venustan@scln.com.my

Services Record — Outsourced IA & Internal Control Review

Our IA Directors have delivered services to the following Bursa Malaysia listed companies:

ClientMarketClientMarket
Hup Seng Industries Bhd.Main MarketBP Plastic Holding Bhd.Main Market
TSM Global Bhd.Main MarketKotra Industries Bhd.Main Market
Wegmans Holdings Bhd.Main MarketMobilia Holdings Bhd.Main Market
Kimlun Corporation Bhd.Main MarketMBMR Resources Bhd.Main Market
Notion Vtech Bhd.Main MarketHiap Teck Venture Bhd.Main Market
MCE Holdings Bhd.Main MarketSuperlon Holdings Bhd.Main Market
BCB Bhd.Main MarketSWS Capital Bhd.Main Market
Ecomate Holdings Bhd.Main MarketDPI Holdings Bhd.Ace Market
Seng Fong Holding Bhd.Main MarketMClean Technologies Bhd.Ace Market
Tomypak Holdings Bhd.Main MarketSpring Art Industries Bhd.Ace Market
Guan Chong Bhd.Main MarketMatang Bhd.Ace Market

Services Record — Pre-IPO Internal Control Review

Our Directors have conducted Pre-IPO Internal Control Review engagements for the following companies:

Client IndustryTarget ListingStart Year
Furniture manufacturingAce Market2020
Natural rubber processingMain Market2020
Furniture cross-border e-commerceAce Market2020
Confectionery product distribution and manufacturingAce Market2021
Crude palm oil processingMain Market2024
Property developmentAce Market2024
Electrical product distributionMain Market2024
Chemical product manufacturingAce Market2025
Food & beverage retail chainAce Market2025
Lighting product distributionAce Market2026
Furniture manufacturingMain Market2026
Maternity/Confinement products distributionAce Market2026

Contact Us

Kuala Lumpur Office

3A-2, 3rd Mile Square, No. 151, Jalan Kelang Lama, Batu 3 1/2, 58100 Kuala Lumpur, Malaysia

Tel: +603-7987 5188

Muar Office

7 (2nd Floor), Jalan Pesta 1/1, Taman Tun Dr. Ismail 1, Jalan Bakri, 84000 Muar, Johor, Malaysia

Tel: +606-952 9939