Posted by in Food, Malaysian Food Franchises on Sep 30, 2020 .

Youtiao or yao char kwai in Cantonese is a common street snack in Malaysia. No one thought of franchising it until Jeffrey Leong and his partner Lim Gnian Liang came along and started it. They couldn’t get the local youtiao hawkers to part with the recipe but they found someone who had learned in Hong Kong how to make the youtiao. They branded it as I love Yoo! The first outlet was opened in Pavillion, Kuala Lumpur in November 2007. The outlet was very popular and the partners made enough money to convince themselve to roll out more I Love Yoo! Outlets in malls via franchising. The menu goes beyond youtiao and soybean drinks, soy dessert...

On 17 September 2020 Top Glove Corporation Berhad (Top Glove) announced its  full financial year results ended 31 August 2020. Revenue for the year reached a record high of RM7.24 billion and profit after tax was RM1.9 billion, a spike of 417% from the previous financial year. Public shareholders (57,000) were rewarded with a final dividend of 8.5 sen per share bringing the total dividend payout to 11.8 sen per share or approximately RM961.2 million. Tan Sri Lim Wee Chai, 62, Executive Chairman of Top Glove, was over the moon with the excellent performance of the company he co-founded the company with his wife, Puan Sri Tong Siew Bee, in...

Kuan Kam Hon @ Kwan Kam Onn, 73, is the founder of Hartalega Holdings Berhad (Hartalega), currently the largest nitrile glove producer in the world. Chairman Kuan worked in the family’s building and construction business, Kuan Yuen & Sons Company in the early 1970s. Then he left in 1978 to start Timol Weaving Sdn Bhd, one of the pioneers in woven labels and badges. In 1981 he established Hartalega Sdn Bhd. By 1988 Hartalega had four production lines producing rubber gloves in Kepong. Twenty years later, Hartalega Holdings Bhd was listed on Bursa Malaysia and under the stewardship of Chairman Kuan, the company is now the world’s...

Posted by in Family Biz, Listed on Bursa Malaysia on Oct 16, 2020 .

Tan Sri Dato’ Lim Kuang Sia, 68, founder of Kossan Rubber Industries Bhd (Kossan), has a Master’s degree in chemical engineering from Imperial College London, UK. His first degree was a Bachelor of Science (Chemistry) from Nanyang University, Singapore. An entrepreneur at heart, Tan Sri Lim started Kossan in 1979 to manufacture high technical-input rubber products known as Technical Rubber Products (TRPs), which are used in a wide array of industries, including infrastructure, automotive and industrial applications.  When the HIV/Aids epidemic created a spike in world demand for gloves, the enterprising Tan Sri responded by venturing into...

The most famous kitten in the world, Hello Kitty, is 46 this year (2020) and she remains as kawaii (Japanese for ‘cute’) as ever. She has an English name, Kitty White. Famous the world over, Hello Kitty was dubbed a “UNICEF Special Friend of Children” im 2004  when she raised US$150,000 for female education programs funded by UNICEF (The New York Times). In 2008 she was declared the Japanese Ambassador for Tourism in China and Hong Kong. Hello Kitty was also the official Ambassador for Japan Day at EXPO 2015 and more recently was recruited by the Japanese Government to back Osaka’s bid for EXPO 2025. The West Japan Railway Company (JR...

The Samsung Electronics group’s Chairman, Lee Kun Hee, passed away at the Samsung Medical Center located at Irwon-Dong, Gangnam-Gu, Seoul on Sunday, 25 October 2020. He was 78. In May 2014, Chairman Lee suffered a heart attack and was admitted to Samsung Medical Center. He stayed there for 6 years plus till his demise on Sunday.  

A deep sense of loss was felt across the nation for the passing away of Chairman Lee who is regarded as one of S. Korea’s top business icons. Chairman Lee has been credited for transforming the Samsung Group into an international electronics powerhouse. He succeeded his father, the late Lee Byung-Chul,...

Rakuten Trade Sdn Bhd (Rakuten Trade)  is Malaysia’s first fully online or digital equity broker. Business started on 19th May 2017 and exponential growth was experienced when the lockdown began in March 2020. In March alone, 11,000 retail accounts were opened with Rakuten Trade. As of March 31, 2020, Rakuten Trade  generated close to RM11 billion in trading value on Bursa Malaysia and activated almost 70,000 trading accounts. The company is a joint venture between Japan’s Rakuten Securities Inc, and Kenanga Investment Bank Bhd. Besides its easy to open accounts and convenient to trade platform, Rakuten Trade also provides free market...

Posted by in Food, Restaurant Groups on Mar 10, 2021 .

Fong Chi Chung, founder of Singapore based Putien restaurant chain, never thought that his love for his hometown cuisine in Putian, Fujian, China, would take him this far with a one Michelin Star along the way (2016 - 2019) and other prestige awards. Putian is situated in the central part of the coastal province of Fujian. The Putien cuisine is unpretentious, simple and pure using seasonal harvests from the sea and land according to its Brand Story. The people of Putian are proud Henghuas (Xinghua or Hinghua) who love their Mazu (Goddess of the sea) culture.  

Mr Fong started his first Putien eatery in Kitchener Road, Singapore in...