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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.
This is a list of the 30 largest container shipping companies as of February 2024, according to Alphaliner, ranked in order of the twenty-foot equivalent unit (TEU) capacity of their fleet. [1] In January 2022, MSC overtook Maersk for the container line with the largest shipping capacity for the first time since 1996. [2]
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Loh Boon Siew (1915–1995), first distributor of Honda motorcycles in Malaysia; Lim Goh Tong (1918–2007), founder of the Genting Group; Lillian Too (born 1946) Lim Kok Thay (born 1951), chairman of the Genting Group; Quek Leng Chan (born 1941), co-founder of the Hong Leong Group
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The Suzuka Circuit is nearby, operated by Honda under the Mobilityland company, where the Japanese Grand Prix is held every year. Sayama, Saitama. The Saitama complex is Honda's third factory location, and consists of three factories; Sayama Automobile Plant, Ogawa Plant, and Yorii Automobile Plant.