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MILESTONES 1900 - 1949 1950 - 1979 1961 - Industrial equipment was added to the company’s business. 1962 - An agreement was signed for the award of the first franchise from Mitsubishi Heavy Industries Ltd. of Japan. 1965 - The Komatsu distributorship was awarded by Komatsu Ltd. of Japan. 1954 - The operations in Kuala Lumpur and Penang were reorganised as Main Offices. 1950s - Chia Yee Soh’s son, Eric Chia was sent to work at United Motor Works (Malaya), Kuala Lumpur. 1917 - Founder Chia Yee Soh set up his own automotive repair shop in Orchard Road, Singapore – United Motor Works. 1927 - United Motor Works Ltd. forerunner of the UMW Group was established in Singapore. 1936 - The agency for Pennzoil lubricant products was acquired from Pennzoil Products Company of the USA. 1949 - United Motor Works (Penang) Sdn. Bhd. was established. 1967 - The agency for the Toyota Forklift was acquired for Peninsular Malaysia. 1970 - 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). 1971 - The Group moved into new premises at the Batu Tiga Complex, Shah Alam, Malaysia. 1980 - 1999 2000 & BEYOND 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. 2001 - 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. 2002 - The new Oil & Gas Division’s head office at Plaza Sentral, Kuala Lumpur was officially opened. 2012 - For the first time since it became public listed, the UMW Group attained RM2 Billion in PBT. The phenomenal achievement marked the 12 th record performance for UMW. 2013 - UMW Oil & Gas Corporation Berhad is listed on Bursa Malaysia, the biggest IPO in Malaysia for the year. 2007 - UMW began its corporate rebranding exercise, to push further the Group’s global expansion plans and transform itself into a truly, world-class organisation. 2008 - “The New UMW” was unveiled to the world at a highly colourful and entertaining event held at the Kuala Lumpur Convention Centre. 2015 - 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
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MILESTONES - umw.irchartnexus.comumw.irchartnexus.com/doc/UMW AR16 milestone.pdf · franchise from Mitsubishi Heavy Industries Ltd. of Japan. ... (Malaysia) Holdings Berhad changed

Aug 20, 2018

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Page 1: MILESTONES - umw.irchartnexus.comumw.irchartnexus.com/doc/UMW AR16 milestone.pdf · franchise from Mitsubishi Heavy Industries Ltd. of Japan. ... (Malaysia) Holdings Berhad changed

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