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Present day J. P. Baldacchino and Co. Ltd. and sister property-owning company ASB Holdings Ltd. had their humble origin as one man’s determined excursion into the commercial arena, way back in 1959. Then, Anthony Baldacchino, with the assistance of two casual workers, procured from local manufacturers and old-established merchants, goods in significant quantities, reselling them on attractive credit terms, to retailers and even directly to consumers.