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Nozomi Hashimoto, a 26-year-old insurance worker, used to buy dozens of boxes of I>giri choco/I>, or obligation chocolates, on Valentine#8217;s Day to distribute to the men in her office. The tradition would set her back US$150 or so, but it was all but obligatory in Japan#8217;s gift-giving culture.
In a wide ranging interview with deputy group chief editor WONG SULONG and reporter LIAU Y-SING, Tan Sri Francis Yeoh talked about the strategic directions of the YTL group. Below are extracts of the interview, which have been updated.
KOTA Minerals amp; Chemicals Sdn Bhd (KMC), which provides specialised services to the oil and gas industry, expects its maiden venture in Sudan, North Africa, to kick off with business volumes of RM15mil to RM20mil a year, its chief executive officer Shah Hakim Zain said.
MAJOR changes to the holding company of Japan#146;s largest and oldest insurer The Tokyo Marine and Fire Insurance Co Ltd (TMF), Millea Holdings, are expected to have a direct impact on TMF#039;s global operations, including that of its subsidiary in Malaysia.
CHOO Koo Oan, a successful retailer of electrical home appliances, has come a long way. Born in Junjong, Kedah, Choo was sent to Penang as a youngster in the early 1950s to be educated and was expected to be a success. Thirty years later, this humble man became a self-made millionaire by selling electrical home appliances.