Date |
Milestone |
Nov 1980 |
Date of Incorporation of Southern Acids (M) Sdn Bhd |
Apr 1983 |
Completion and commissioning of first oleochemical plant
|
Nov 1990 |
Expansion of oleochemical business by setting up the second
oleochemical plant through 51% equity participation in Pofachem (M)
Sdn Bhd. |
Jan 1991 |
Conversion of Company's status from a private limited company to
a public limited company |
Aug 1991 |
Officially listed on Bursa Malaysia Main Market (or previously
known as The Main Board of Kuala Lumpur Stock Exchange)
|
Sep 1993 |
Diversified into dry bulk warehousing and export loading services
of palm kernel expellers through the acquisition of a majority
interest in PKE (Malaysia) Sdn Bhd and PKE Transport (M) Sdn
Bhd.
|
1994 |
PKE operations was presented with the "Most Valued Customer"
Award by Klang Port Management. |
Nov 1994 |
A joint venture project via its Hong Kong based subsidiary SAB
(East Asia) Holdings Ltd with IJM International Limited and two
other Chinese parties to build and operate a 24 MW Co-Generation
Plant under Wuxi Nenda Co-generation Company Limited in Wuxi County,
Province of Jiangsu, China.
|
Apr 1995 |
Acquisition of the remaining 49% equity interest in Pofachem (M)
Sdn Bhd. |
Jun 1995 |
Acquisition of 644 acres of oil palm plantation at Bukit
Kemuning, Shah Alam with potential for mixed-property
development. |
Jun 1995 |
Acquisition of 1.62 acres of freehold land in Section 14, Mukim
and District of Klang to construct the future Sri Kota Specialist
Medical Centre. |
Nov 1995 |
Cooperate with IJM Corporations Berhad and one other company to
joint venture with a Chinese party to form a Joint Venture Company -
Yangzhong Changjiang Bridge Co., Ltd. to take charge of and hold the
concession rights over Yangzhong Zhangjiang Bridge, Province of
Jiangsu, People Replubic of China.
|
Apr 1997 |
Laying of Foundation Stone Ceremony of Sri Kota Specialist
Medical Centre officiated by the Minister of Health, Yang Berhormat
Dato' Chua Jui Meng.
|
Nov 1997 |
Acquisition of 3.25 acres of freehold land at G.M. 2172, Lot
2824, Mukim Klang, Daerah Klang. |
May 1998 |
Consolidation of the oleochemical division by restructuring of
the oleochemical plants. |
May 1998 |
Divestment of equity interest in Wuxi Nenda Co-Generation Company
Ltd.
|
Mar 1999 |
Joint venture with Indonesian Individuals in Pekanbaru, Province
of Riau, Republic of Indonesia via Firstview Development Sdn Bhd and
the acquisition of indirect interest of 56% equity in PT Mustika
Agro Sari with some 6,538 acres of oil palm land/plantation.
|
Sep 1999 |
Completion and commissioning of the 232-bed Sri Kota Specialist
Medical Centre.
|
Jun 2002 |
Completion and commissioning of a 45 MT/hour Palm Oil Mill at
Pekanbaru, Indonesia through PT Mustika Agro Sari.
|
Aug 2002 |
Acquisition of 100% share equity in PT Wanasari Nusantara which
owns some 13,136 acres of oil palm plantation land/plantation, via
PT Mustika Agro Sari.
|
Nov 2006 |
Divestment of equity interest in Yangzhong Changjiang Bridge
Co., Ltd. |
June 2010 |
New corporate office at the 29th Floor of Wisma Centro,
Klang.
|
Nov 2011 |
Sri Kota Specialist Medical Centre awarded with a
three (3) year MSQH (Malaysian Society for Quality in Health)
accreditation from 12 November 2011 to 11 November 2014 |
Jan 2012 |
Acquired 300,000 ordinary shares from two (2)
minority shareholders representing 10% equity interest in Firstview Development Sdn
Bhd.
|
June 2013 |
PT Wanasari Nusantara construction of a palm
oil mill with a processing capacity of 45 MT/hour upgradeable to 60
MT/hour
|