Friday 2 October 2015

TAN SRI ROBERT KUOK



     Name Tan Sri Robert Kuok Hock Nien. He was born on Oct. 6, 1923, in Johor Baru, Malayasia. He the son of a well-off commodities trader. His ancestral town was in Fujian province, China. He married twice and have eight children. He married twice and have  eight children.After graduation, he helped out at his father’s company, and founded the Kuok Brothers Sdn Bhd in 1949. After founding the Kuok Brothers Sdn Bhd, Kuok first started investing in the sugar refinery business. In 1957, Malaya achieved independence from its English colonial master. Kuok immediately seized the opportunity to swiftly establish his business network throughout Malaysia, based on an end-to-end (raw materials , processing , distribution) business model. He also mastered the intricacies of commodities trading in London in the 50s. By the 70s, he was known as the "Sugar King" as he controlled up to 10percent of the global sugar market.

       After proclaiming success in the sugar refinery business, he quickly moved into other businesses, and established the largest flour mill in Malaysia. Since the 60s, Robert Kuok Hock Nien has relied heavily on his gentlemanly way of doing business to become a mover and shaker in industry. He was fast in spotting opportunities from at home and abroad, and used his excellent connections with government and industry to rapidly scale up his empire. In this way, he forged many strategic alliances with other parties. With the government, he joint hands to form a shipping company, and later built hotels, office buildings and convention centres. With partners, he founded banks. Thus, through business savvy, open-mindedness and his links, he has diversified into almost everything under the sun. Apart from a plethora of enterprises in Malaysia, he operates in many other countries and regions like Singapore, Thailand, China, Indonesia, Fiji and Australia. His business interests span from sugarcane plantations, sugar refinery, four milling, animal feed, oil and mining to finance, hotels, properties, trading and freight. Robert Kuok Hock Nien currently controls the Shangri-La Hotels and Resorts Chain, Kerry Group, Perlis Plantations Bhd, and dozens of other companies. In the Kuala Lumpur Stock Exchange, under family-owned Kuok Brothers Sdn Bhd, he commands a market worth of RM2.1 billion (as of 1997), even though his publicly-traded holdings worldwide is probably worth more than 10 times that. Now ,Robert Kuok, Malaysia's richest man, raised $300 million in 2014 with the Singapore listing of his PACC Offshore Services Holdings, Asia's largest operator of vessels for offshore oil & gas exploration..

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