ABSTRACT
Kuok's ability to seize opportunities as they cropped up in the Malaysian economy was also obvious from his involvement in the flour milling and shipping industries. The decision to move into flour milling complemented Kuok's sugar refining. There were lucrative opportunities, particularly tax reliefs to be tapped, under the government's incentives to promote import-substituting industries (lSI). Federal Flour Mills Bhd was incorporated in February 1962, and, with its ownership of four flour mills, is the largest flour miller in the country (Sia 1993: 63; KLSE Annual Companies Handbook 21 (4), 1996: 6-9).
