Milestones

Milestones

2024

Completed the acquisition of the warehouse facility in Johor, Malaysia in February 2024

2023

Ranked 61st with an overall score of 89 in the SGTI 2023
Entered into Sale and Purchase Agreement (“SPA”) to acquire a warehouse facility in Johor, Malaysia (subject to completion of SPA) (approximately 285,000 sqf: warehousing)

2022

Returned warehouse at 21A Neythal Road to JTC in November 2022
Ranked 92nd with an overall score of 82 in the SGTI 2022
Completed the partial redevelopment of the warehouse storage facilities at 14 Lok Yang Way

2021

Ranked 58th with an overall score of 88 in the SGTI 2021
Finalist in the category 'Asia's Best Sustainability Report - SME' at the 2020 Asia Sustainability Reporting Awards

2020

Returned warehousing facility at 36 Tuas Crescent to JTC in July 2020
Ranked 70th with an overall score of 85 in the SGTI 2020

2019

Won the Most Transparent Company Award, Energy Category (Runner-up) at the SIAS 20th Investors' Choice Awards
Ranked 79th with an overall score of 78 in the SGTI 2019
Executive Director, Mr Jack Ong Tong Hai, assumed the position of CEO with the retirement of Mr Ong Chin Sum as Executive Director and CEO
Achieved ISO 45001:2018 certification

2018

Completed construction and obtained Temporary Occupation Permit for warehouse facility and workers' dormitory at 90 Second Lok Yang Road

2016

Ranked 45th with an overall score of 77 in the SGTI 2016
Became an Accredited Training Organisation authorised to train Chartered Accountants (Singapore) under the Singapore CA Qualification

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