Tan Sri Dato' Loh Boon Siew

Tan Sri Dato Loh bounty Siew (19151995) also known as Mr Honda, was a Penangite tycoon and the first sole distributor of Honda motorcycles in Malaysia. [edit]Early lifespan Boon Siew was born in Hui-An, Fujian province of China. He washed-out his childhood collecting pig dung (then utilize as fuel) to control a living. Aged 12, he arrived in Penang on a small boat from China with five friends, among them Loh Poh Heng and Loh learn Bee. He could speak only Hokkien (Min Nan) and had virtually no statuesque education. He guideed as an apprentice car mechanic (earning tierce dollars monthly) upon his arrival. It is give tongue to that Boon Siews master used to make up him in the detail whenever he did something wrong. He stayed in a coolie keng (workers quarters) at 4, Katz Street, Penang and he supplemented his income by washing buses at night for 10 cents per vehicle. [edit]Business At age 18, Boon Siew purchased 11 buses using his $2,000 in savings. He reconditio ned the buses and sold them for $12,000. Next, he used the silver he earned to buy another 39 buses. In 1942, during WWII, his money was confiscated by the invading Japanese army. after WWII ended in 1945 and the Japanese were defeated, he started selling bicycles, tires and motorcycle accessories, and soon he expanded his business to used cars, transports and buses.

In the 1950s, Boon Siew went into position development with his friends Say Bee and Poh Heng by twist residential villas in Taman Saw Kit in Penang. His work is continued by his Boon Siew Group. In 1958, Boon Siew spy the popularity of the Honda Super sonny boy motorbike which had been just introduced in Japan. He believ ed that this low-cost, high-efficiency machi! ne would beget a similarly assailable market in the speedily urbanizing areas of Malaysia. Boon Siew arranged to collect with Mr. Soichiro Honda, the bikes creator, and quickly convinced him to stigmatize apart up a Honda subsidiary in Malaysia. The first Malayan Honda showroom was set up on Pitt Street in Penang, very near...If you need to get a full essay, give it on our website: OrderEssay.net

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