History

2015
  • Achieved ISO 22301:2012 certification for Business Continuity Management (BCM)
  • Entered into a strategic alliance with Hanwa Co., Ltd
2014
  • Acquired new warehousing facility at 36 Tuas Crescent (118,274 sqf; warehousing)
  • Extended lease of warehousing facility at 90 Second Lok Yang Way
2013
  • Adopted dividend policy targeting to distribute an annual dividend payout of at least 10% of the net profit attributable to Shareholders (subject to conditions set out in our dividend policy)
2012
  • Achieved bizSAFE STAR certification
2011
  • Secured Enterprise Framework Agreement for the supply of pipes, fittings and flanges to an oil major
2010
  • Acquired new warehouse at 90 Second Lok Yang Road Singapore (69,998 sqf: warehousing)
  • Further extension of Supply Agreement with an oil major
2009
  • Achieved ISO 14001:2004 and OHSAS 18001:2007 certifications
  • Extension of Supply Agreement with an oil major
  • Secured contract to supply pipes and fittings to The New Zealand Refining Company Ltd
2008
  • Achieved ISO 9001:2008 certification
  • Increased total warehousing capacity and office space to 308,114 sqf through rental
  • Secured a 5 years supply agreement to supply pipes, fittings and flanges to an oil major
2007
  • Acquired new warehouse at 21A Neythal Road Singapore (111,751 sqf: warehousing)
  • Listed on the main board of Singapore Exchange Ltd
  • Secured 5 years Frame Agreement with Alstom Switzerland to supply pipes and fittings
2005
  • Moved to new site at 14 Lok Yang Way Singapore (111,363 sqf: warehousing and office)
  • Started provision of value-added services to customers
  • Secured 3 years contract with an Oil Major in Singapore for maintenance requirements
2003
  • Achieved ISO 9001:2000 certification
2001
  • Increased total warehousing capacity and office space to 118,952 sqf through rental
2000
  • Achieved ISO 9002:1994 certification
1999
  • Expanded range to include stainless steel products required in Energy & Marine industries
1996
  • First contract to supply entire requirements for steel fittings for a FPSO project and many more since
1993
  • Expanded by consolidating operations to new premises in 41 Tuas Avenue 13 Singapore (42,986 sqf: warehousing and office)
1992
  • Business operated from 5 warehouses in Singapore
1988
  • First oil and gas contract in Brunei
  • First contact for supply of pipes and fittings to several MNCs in the Energy industry
  • Ventured into Marine industry with contracts from major local shipyards
1984
  • Started with a shophouse in Jalan Besar, Singapore
  • First contract supplying pipes and fittings to company in boiler industry