Saturday, May 7, 2016

NETWORK(Robert Kuok Hock Nien)

     


   Networked is where business people and entrepreneur meet to form business relationship and to create, recognise or act upon business opportunity or easy we call line socioeconomic business activity, in other word, business networked is connecting with other business people in order to further each other business interest reason for existing business is networking activity.         There are some business take other business that match their business interest as a model for business networking activity.
     The entrepreneur that displayed such traits is Robert Kuok Hock Nien, known as a great successful Malaysian entrepreneur and become richest man because of his involvement in the sugar business. He was born on 6 October 1923 in Johor Bharu. His father from Fujian, China and Robert was the youngest of three brothers. His first career was a job as an office boy and he was graduation student from the prestigious Raffles Institution in Singapore. He start to built their own business cooperation with their brother named Kuok Brothers Sdn. Bhd in 1949 and decided to invest in sugar refineries but changed its name to Kuok (Singapore) Limited in 1965. When Malaysia become independent, he start to expense his business around the world. He began buying cheap sugar from India and selling in Malaysia.
     Robert Kuok not only well known in sugar industry, he also doing business in palm oil, shipping and property. His business was a huge networked of company under 3 holding companies in Hong Kong, Singapore, and Malaysia. Kuok brother sdn bhd get source of wealth from palm oil company in Wilmar. Early 2012, Kuok’s asset are worth. From the, enable him to expand business networked built. He found the Malaysia Sugar Manufacturing company and having link with Mitsui Bussan, Kaisha Lt and Sugar Nissin Manufacturing. He also opened the country first sugar can field in Perlis plantation on land owned by government with the help of field.
     Beside that, Kuok maintain the relationship with Indonesian government to obtain the cooperation authorities there. And then, he successfully expended the farm to Indonesia and become one of the leading sugar merchant in the world. He also received cooperation from the authorities to managing such as the board of the trust funds of the armed forces and the national stock that enabled him to maintain contact with the highest levels of government. With a good network of relations with the government have prompted the government to ask for help from Robert Kuok to set up Malaysia-Singapore Airlines (MSA).

     In conclusion, it is true that Tan Sri Robert Kuok is a smart business network development over time. He enable to built strong relationship networked with other country. It proves that the network features in the business can provide many benefits to an entrepreneur to expend their business.

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