The reason that i like this entrepreneur because he starting his own business and became the Malaysia most richest businessman by himself build up from nothing, his strive to doing business and finally controlled Malaysia sugar market and so earned his nickname "Sugar King of Asia".
Bankground
Kuok's father arrived in Malaya from Fujian, China, at the beginning of the 20th century, and Robert was the youngest of three brothers, born on 6 October 1923, in Johor Bahru. He can speak his parents Chinese Fuzhou dialect, English and Japanese during Japan's wartime occupation of Malaya.
How he started and develop his business
From the begining, Robert Kuok as an office boy in business, and later started a business with relatives support. Upon graduation, he worked as a clerk in the rice-trading department of Japanese industrial conglomerate Mitsubishi Shoji Kaisha between 1942 and 1945. After the war, he took the skills he learned from Japanese back to the family business in Johor. In1959, Kuok formed Malayan Sugar Manufacturing Co. Bhd together with two prominent Japanese partners. Kuok was franted a monopoly of sugar production in Malaysia. In 1961, he made a coup by buying cheap sugar from india before the prices shot up. He continued to invest heavily in sugar refineries, controlled 80% of the Malaysian sugar market. In 1971, he built the first Shngri-La Hotel in Singapore. When he acquired a plot of land on the newly reclaimed Tsim Sha Tsui Eash waterfront, where he built the second hotel, the Kowloon Shangri-La. His companies have investments in many countries, including Singapore, the Philippines, Thailand, Mainland China, Indonesia, Fiji and Australia.
Robert Kuok is media shy, most of his business are privately held by him or his family. His business intersts range from sugarcane plantations, sugar refineries, flour milling, animal feed, oil, mining, finance, hotels, properties, trading, freight and publishing. There are so many type of business Robert Kuok involving shows that he was a creative and billion in doing business.
Bankground
Kuok's father arrived in Malaya from Fujian, China, at the beginning of the 20th century, and Robert was the youngest of three brothers, born on 6 October 1923, in Johor Bahru. He can speak his parents Chinese Fuzhou dialect, English and Japanese during Japan's wartime occupation of Malaya.
How he started and develop his business
From the begining, Robert Kuok as an office boy in business, and later started a business with relatives support. Upon graduation, he worked as a clerk in the rice-trading department of Japanese industrial conglomerate Mitsubishi Shoji Kaisha between 1942 and 1945. After the war, he took the skills he learned from Japanese back to the family business in Johor. In1959, Kuok formed Malayan Sugar Manufacturing Co. Bhd together with two prominent Japanese partners. Kuok was franted a monopoly of sugar production in Malaysia. In 1961, he made a coup by buying cheap sugar from india before the prices shot up. He continued to invest heavily in sugar refineries, controlled 80% of the Malaysian sugar market. In 1971, he built the first Shngri-La Hotel in Singapore. When he acquired a plot of land on the newly reclaimed Tsim Sha Tsui Eash waterfront, where he built the second hotel, the Kowloon Shangri-La. His companies have investments in many countries, including Singapore, the Philippines, Thailand, Mainland China, Indonesia, Fiji and Australia.
Robert Kuok is media shy, most of his business are privately held by him or his family. His business intersts range from sugarcane plantations, sugar refineries, flour milling, animal feed, oil, mining, finance, hotels, properties, trading, freight and publishing. There are so many type of business Robert Kuok involving shows that he was a creative and billion in doing business.
Good sharing about Robert, Robert Kuok Hock Nien is an influential Malaysian Chinese businessman. According to Forbes his net worth is estimated to be around $10 billion on May 2008. Visit below page for Robert Kuok Hock Nien notes on the past sixty years:
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