Businesses
The Naza Group now has 14 business divisions covering industries such as cigarette distribution, credit and leasing, engineering, hotels, insurance, machine tools and parts, manufacturing, motorcycles, property, transport services, plantations and water craft.
He owned TTDI Development which is one of the most prominent real estate companies in Kuala Lumpur.
The Naza Group currently holds the Malaysian franchise for South Korea's Kia vehicles, and France's Peugeot vehicles. It also holds the import permits for Mazda vehicles. Naza has now also become the biggest and most prominent importer of luxury high-end vehicles like Mercedes Benz in Malaysia with endeavours such as Naza-Brabus.
He was reported to be interested in buying a 40% interest and taking over Malaysia's national carmaker, Proton, which was reported to be in financial turmoil. He stated that he had already drawn his plan in turning around Proton if the Malaysian government gave the nod for him to buy a controlling stake of the company. He planned to build a RM1.2 billion factory in Bertam, Penang.
In April 2008, he ventured into the food business by launching the Bubba Gump Shrimp Co. Restaurant and Market.
Read more about this topic: SM Nasimuddin SM Amin
Famous quotes containing the word businesses:
“One of the first businesses of a sensible man is to know when he is beaten, and to leave off fighting at once.”
—Samuel Butler (1835–1902)