A giant caught napping?

Article Abstract:

Sime Darby Bhd. has long been considered to be Malaysia's top conglomerate. Its history, after all, reflects the economic changes that have taken place in Malaysia through the decades. Sime Darby was started in 1910 when Mssrs. Sime and Darby began setting up the rubber plantations that would fuel the company's rise to corporate preeminence. In the decades after, the company would diversify into new fields such as jungle-clearing equipment in the 1930s and palm oil and cocoa production in the 1960s. Malaysian independence would also lead to the eventual transfer of control to locals. This came about in the 1970s when the investment arm of the Malaysian government took over Sime Darby. In the 1980s, the company diversified further, moving into property development, motor distribution, general trading and insurance. In the 1990s, Sime Darby has focused its attention on exploring the financial sector and expanding and investing in fast-growing Asian markets.

Offices of Bank Holding Companies, Bank holding companies, Investment Holding Companies, Conglomerate corporations, Malaysia, Corporations, Company Profile, Sime Darby Bhd., Corporations, Malaysian

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Flash in the pan or enduring star?

Article Abstract:

The ability of Singaporean computer firm Aztech Systems to completely transform its product base has enabled it to thrive in a highly competitive marketplace. Established in 1986 as a designer, manufacturer and distributor of IBM PC clones, the company was forced in the early 1990s to leave this market because leading American PC companies decided to slash prices to compete directly with low-price clone-makers. Aztech Systems was flexible enough to enter and succeed in another market, multimedia products. Since making this bold strategy shift in 1992, the company has grown to become the world's second largest manufacturer of multimedia sound systems. One of the forces behind Aztech's restructuring success is VP of corporate affairs Mun Hon Pheng who left the First National Bank of Chicago in 1992 to help his brother, Aztech founder Michael Mun Hong Yew, turn the troubled company around.

Household audio and video equipment, Audio and Video Equipment Manufacturing, Audio Devices NEC, Computer peripherals industry, Audio equipment, Mun Hon Pheng, Aztech Systems Proprietary Ltd.

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