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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.
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)
The Honda Click (also known as the Honda Vario in Indonesia) is a series of scooters produced by Honda Motor Company for Southeast Asian markets since 2006. The Click is intended to anticipate the increasing population of scooters circulating in the Indonesian motorcycle market. [2]
[152] [153] However, Asia Motor's contract soon expired, and in September 1960, Toyota signed a new distributor agreement with Kah Motor, a wholly owned subsidiary of Penang-based Oriental Holdings, chaired by Loh Boon Siew. Kah Motor imported Toyota and Toyopet passenger cars such as the Tiara and Publica for sale in Malaya and Singapore. [154]
The best ideas for things to do on New Year's Eve 2024, including fun ways to celebrate at home and inspiring New Year's activities for any age or group size.
The Malaysian Cub Prix Championship is a national-level underbone or moped racing series for motorcycles with displacements from 100 to 150cc. The tournament is a grassroots developer with the main objective of discovering and developing Malaysian motorcycle racing talents.
In June of 2020, a renewable energy company owned by Indian billionaire Gautam Adani won what it called the single largest solar development bid ever awarded: an agreement to supply 8 gigawatts of ...