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Beach Street

kayes



Registered: July 2008
Posts: 3,548
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· Date: November 16, 2008 · Views: 19796 ·
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Phoebe
Phoebe

Registered: October 2008
Location: Land Down Under
Posts: 152
December 14, 2008 3:19pm

Kayes, this building is so beautifully restored. What does it house?
kayes

Registered: July 2008
Posts: 3,548
December 14, 2008 3:30pm

haha, Phoebe, my office was here (2nd floor) from 1978 to 1992. There were law firms, an accountant's office, an architect and a marine insurance adjuster. That entire block belongs to OCBC Bank and when I was there, it didn't looked as good. Now it is vacant, waiting for tenants who will pay a higher rental. The address is 34 Beach Street, 10300 Penang.
Phoebe
Phoebe

Registered: October 2008
Location: Land Down Under
Posts: 152
December 14, 2008 4:09pm

Thanks for the inside info, Kayes. And OCBC saw fit to build its new premises right next to this?
kayes

Registered: July 2008
Posts: 3,548
December 14, 2008 4:22pm

OCBC did not build new premises. All the time their Penang branch was next door to this block which they also own. What they did was to renovate and extend their old premises. You said you worked for a subsidiary of OCBC ..... OCFC? You happen to know a Lee Kong Yip who is from Ipoh? He worked at both places and went on to become the GM of OCBC.
Phoebe
Phoebe

Registered: October 2008
Location: Land Down Under
Posts: 152
December 14, 2008 4:42pm

The subsidiary of OCBC I worked for in 1979 was KSM (Komputer Sistem Malaysia) which had nothing to do with banking. I could be wrong but I believe it was a joint venture of some sort with CSA (Computer Systems Analysts Ltd). CSA was a subsidiary of DEC (Digital Equipment Corporation). It all sounds a tad convoluted, doesn't it? At that time, KSM was situated at Wisma MCIS, next to the then Jaya Puri Hotel (now PJ Hilton) on the Federal Highway, Petaling Jaya.


Sorry, I do not know Lee Kong Yip from Ipoh. He was the GM of OCBC? Well, there you go. I merely worked with the plebs, you see. Smile
kayes

Registered: July 2008
Posts: 3,548
December 14, 2008 4:51pm

Kong Yip was from SMI and I think some people over at Ipoh Talk know him. He and I (and another) shared a flat in 1971/72 at National Garden, Ipoh. At that time he was an officer at OCBC's main branch in Hugh Low Street.
Phoebe
Phoebe

Registered: October 2008
Location: Land Down Under
Posts: 152
December 14, 2008 5:17pm

Kayes, your professional as well as social peers are all movers and shakers of the times. Yours truly here have always been way, way, way down the very bottom of the pecking order in that sense, whichever way you look at it. Smile


I do remember your mentioning in the old Ipoh Talk forum about having shared the flat at National Garden and having an interesting experience with your car parked outside. One of my sisters was also staying there in the '70s. I just can't recall which years she was there.
kayes

Registered: July 2008
Posts: 3,548
December 15, 2008 12:01am

Phoebe, you shouldn't look at things that way. Some of us are plain lucky to have known "important people" but I assure you it is not all pleasure knowing them. Throughout my life, I have really envied those who had inherited fortunes. Moneywise I inherited nothing. Every cent that I spent was earned. I really wish I had inherited a bank or something similar. Then my Dredge Project would have taken off and I can publish all my own coffee table books .... a couple of Ferraris in the garage won't hurt ..... and the latest BMW M3 as a daily runabout Smile!
Phoebe
Phoebe

Registered: October 2008
Location: Land Down Under
Posts: 152
December 15, 2008 3:42am

Kayes, inheritance can oftentimes be handy but at the same time, it can be repulsive as well. One very in-our-faces case in point is Paris Hilton. Might sound odd or weird to many but I can't say I've ever envied the bottomless bank accounts of the rich and famous. Like you, I earned every single penny I have ever spent. I refuse to even own a credit card, much preferring a debit card instead which I've had for the last couple of decades. No loans, no debts, no high-risk investments, no 'subprime-like' living nightmares, no fair-weather friends, just some very humble liquid assets to live the quiet and unassuming way of life. To each his/her own, I suppose. Smile
kayes

Registered: July 2008
Posts: 3,548
December 15, 2008 4:08am

I have another friend who must remain nameless on this thread. Trained as a professional, he never worked a day in his life. He inherited quite a bit of choice properties in George Town, Penang. In the 70s, 80s and early 90s. he lived mostly in London (Hampstead). His fleet of cars in London over the years included a Rolls Royce Corniche, a few Maseratis , three Ferraris and some Jags. He was clothed by Armani and Brioni. He was a really suave character and I often wished I was like him. His backgammon was world class. I suppose it is still not too late ...... a long lost somebody might have named me in the will. Hope I don't get the poodle though Smile!



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