MANILA, Philippines — Ramon Ang, President of San Miguel Corp., greets visitors to his eighth-floor Manila conference room wearing a plain black suit, white shirt, red tie and $200-Seiko titanium watch.
A billionaire who has diversified the 121-year-old brewer into the Philippines’ largest publicly traded company by revenue, Ang can afford a flashier timepiece. At age 13, he was repairing Japanese auto engines and selling them for a 150 percent markup.
He won the trust of San Miguel Chairman Eduardo “Danding” Cojuangco Jr. after meeting Cojuangco’s son, Mark, in Manila’s auto-racing circles in the early 1980s.
Today, Ang owns more than 100 cars in one of Asia’s best collections. Yet the Seiko serves a purpose, Bloomberg Markets magazine reports in its December issue. “They will keep it for a long time and say, ‘This watch was given to me by my good friend Ramon.’”
Ang, 57, has always found ways to make an impression – and a profit. Ang says he has a dozen of them so he can give away the one on his wrist.
“It’s very memorable for them if I take off my watch and give it to them,” he says of the recipients. His favorite: a 1964 two-door roadster called an AC Cobra 289 FIA made by AC Cars that was restored by American race-car specialist Carroll Shelby.
Cobra MA-200 an exotic one-off By Nigel Matthews, March 14, 2012 The 1963 AC prototype dubbed MA-200 was supposed to be the replacement of the aging AC Ace, but was overshadowed by the success of the Cobra. Nigel Matthews — for the province It is always nice to come |
An AC Cars 378 British Coupe In An Italian Zagato Dress![]() |
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AC 378 GT Zagato supercar at 2012 Geneva motor show![]() |
Geneva 2012: AC Cars to relaunch AC Cars is relaunching in the UK in an attempt to carve out a long-lasting niche for models based on the styling of the 1960s Cobra-lookalike musclecar. The relaunch at the Geneva motor show was held back by a customs dispute in the UK that delayed the |
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