n 2012, Datuk Chua and Dato' Yap founded M101 Holdings Sdn Bhd, which is also known as Meridian 101 Degree that named after Malaysia's coordinates. Before the formation of M101, the founders themselves have been involved in the real estate industry for a good numbers of years. The decision to enter the market officially as a developer materialized when the founders see the opportunity for further growth in development after the market rebounded in 2010.