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The company was founded by the late Tan Sri Loh Boon Siew in the 1960s, beginning as the Malaysian distributor for Honda Super Cub motorcycles and later cars. [2]The groups has a combined total asset exceeding RM3 billion, shareholders fund exceeding RM2.2 billion and Cash/Cash Equivalent exceeding RM1 billion as of 31 December 2001 (source: annual audited accounts).
In the 1950s, Boon Siew went into property development with his friends Say Bee and Poh Heng by building residential villas in Taman Saw Kit in Penang. His work is continued by his Boon Siew Group. Boon Siew arranged to meet with Mr. Soichiro Honda, the Honda Super Cub's creator, and quickly convinced him to set up a Honda subsidiary in Malaysia.
In 1967, the company merged with the Inchcape Group headquartered in Singapore. [14] In 1974, the Borneo Company initiated a joint venture with Sarawak Economic Development Corporation (SEDC) to form Sarawak Sebor Sdn Bhd. In 2007, Sarawak Sebor sold all its shareholdings to a company known as IDS/LF Asia.
Corus Hotels is a group of three hotels based in the UK, with two hotels in Malaysia. The hotels are owned by London Vista Hotel Limited , which is part of Malayan United Industries . [ 1 ] The brand name was launched in 1998 by the Regal Hotel Group, in order to differentiate it from Regal Hotels International .
Yeoh Tiong Lay (Chinese: 楊忠禮; 18 December 1929 – 18 October 2017) was a Malaysian billionaire businessman and philanthropist. He founded YTL Corporation, [1] Malaysia's largest conglomerate, with interests in construction, utilities, hotels, property development and technology.
British North Borneo Company; Bolton Finance Berhad; Boon Siew Finance Berhad; Board of Commissioners of Currency, Malaya; Board of Commissioners of Currency, Malaya and British Borneo; Borneo Development Corporation Sdn Bhd (Sabah) Borneo Development Corporation Sdn Bhd (Sarawak) BSN Commercial Bank; BSN Finance Berhad; BSN Merchant Bank Berhad
The Penang Mutiara Beach Resort is an abandoned luxury hotel on the “glowing bay” beachfront in Teluk Bahang, Penang, Malaysia. The 15-storey high-rise building has an estimated height of 56.64 m. [1] Ownership is by Tradewinds Corp Bhd, [2] formerly known as Pernas International Holdings Bhd.
The Malaysian Government alienated the land to Country Heights Holdings Bhd (CHHB) on 30 March 1988 for recreational and tourism purposes. Country Heights Holdings Berhad is founded by Y.Bhg. Tan Sri Dato' Paduka Lee Kim Yew and incorporated officially on 10 May 1984 under a private limited company with the name of Kurniata Sdn Bhd. [ 6 ]