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Transcript of MILESTONES - umw.irchartnexus.comumw.irchartnexus.com/doc/UMW AR16 milestone.pdf · franchise from...
M I L E S T O N E S
1 9 0 0 - 1 9 4 9
1 9 5 0 - 1 9 7 9
1 9 6 1-
Industrial equipment was added to the company’s
business.
1 9 6 2-
An agreement was signed for the award of the first
franchise from Mitsubishi Heavy Industries Ltd. of Japan.
1 9 6 5-
The Komatsu distributorship was awarded by Komatsu
Ltd. of Japan.
1 9 5 4-The operations in Kuala Lumpur and Penang were
reorganised as Main Offices.
1 9 5 0 s-Chia Yee Soh’s son, Eric
Chia was sent to work
at United Motor Works
(Malaya), Kuala Lumpur.
1 9 1 7-Founder Chia Yee
Soh set up his own
automotive repair
shop in Orchard
Road, Singapore
– United Motor
Works.
1 9 2 7-United Motor Works Ltd. forerunner of the UMW Group
was established in Singapore.
1 9 3 6-The agency for Pennzoil lubricant products was acquired
from Pennzoil Products Company of the USA.
1 9 4 9-United Motor Works (Penang) Sdn. Bhd. was established.
1 9 6 7-
The agency for the Toyota Forklift was acquired for
Peninsular Malaysia.
1 9 7 0-
United Motor Works (Malaysia)
Holdings Berhad (“UMW (M)”) was
incorporated and became the Group’s
holding company, listed on the Kuala
Lumpur Stock Exchange (KLSE).
1 9 7 1-
The Group moved into new premises at the Batu Tiga
Complex, Shah Alam, Malaysia.
1 9 8 0 - 1 9 9 9
2 0 0 0 & B E Y O N D
1980-As part of the new corporate identity, the
Group’s logo was changed to signify the
planned integration of diverse activities
in a multi-faceted organisation to mark
a new phase in the Group's history of
dynamic growth.
1982-
Toyota Motor
Corporation
(“TMC”) of Japan
announced the appointment of Sejati
Motor Sdn. Bhd., a joint venture company
between UMW (M) and TMC to take over
the import, assembly and distribution of
Toyota motor vehicles in Malaysia.
1982-
Turnover of the UMW Group passed the
one billion Ringgit mark for the first time.
2 0 0 1-The Group’s diversified operations
were rationalised into four main
Strategic Business Units (SBUs):
Automotive, Equipment,
Manufacturing & Engineering and
Oil & Gas.
1985-
United Motor Works (Malaysia)
Holdings Berhad changed its name to
UMW Corporation Berhad.
1987-
As part of a capital reconstruction
exercise, UMW Holdings Berhad was
created and its shares were listed on
the KLSE and the Stock Exchange of
Singapore, in place of the shares of
UMW Corporation Berhad.
Sejati Motor Sdn. Bhd. changed its
name to UMW Toyota Motor Sdn. Bhd.
1988-
The capital reconstruction exercise
was completed, with Permodalan
Nasional Berhad becoming the largest
shareholder in UMW.
1990-
Toyota cars became the top seller in the
non-national car segment of the Malaysian
automobile industry.
1993-
UMW Corporation Sdn. Bhd. became the largest
shareholder for the second national car company,
Perusahaan Otomobil Kedua Sdn. Bhd. (PERODUA).
1994-
The PERODUA Kancil
was launched to such
overwhelming response that
within just four months, it
became the second best-selling car in Malaysia.
1999-
UMW celebrated thirty years of operations as a
public-listed company.
2 0 0 2-
The new Oil & Gas Division’s head
office at Plaza Sentral, Kuala Lumpur
was officially opened.
2 0 1 2-
For the first time since it became
public listed, the UMW Group attained
RM2 Billion in PBT. The phenomenal
achievement marked the 12th record
performance for UMW.
2 0 1 3-
UMW Oil & Gas Corporation Berhad is
listed on Bursa Malaysia, the biggest IPO
in Malaysia for the year.
2 0 0 7-
UMW began its corporate rebranding
exercise, to push further the Group’s
global expansion plans and transform
itself into a truly, world-class
organisation.
2 0 0 8-
“The New UMW” was
unveiled to the world
at a highly colourful
and entertaining event held at the
Kuala Lumpur Convention Centre.
2 0 1 5-
UMW was selected
as Rolls-Royce’s only
Malaysian partner for a
25+5 year contract to
manufacture fan case. Photo is copyright to Rolls-Royce Plc