Milestones

 

35 Years Of Experience

 
 

One Stop Solution For Oil Industry

 
 

Own Brand Own Product

 
In the year 1988, AK Teng founded a business that was initially operated by a small team, specializing in the supply of spare parts for palm oil mills to estates in the Johor area, in collaboration with a business partner.
1988
 
 
 
 
 
1997
 
 
 
 
In the year 1997, AK Teng was extended an invitation to join Apex Uniparts Sdn Bhd as a partner.   Year 1997
 
Year 2002   In 2002, AK Teng disassociated from Apex Uniparts Sdn Bhd to embark on an entrepreneurial venture with the primary aim of providing enhanced customer service.
2002
 
 
 
 
 
2007
 
 
 
 
Year 2007
Year 2007
We are delighted to announce that in the year 2007, we made the significant achievement of purchasing our own corner shop to serve as our store and office. 2007
 
Year 2009   In 2009, Tylong Teng joined the company, starting from an entry-level position to initiate his career.
2009
 
 
 
 
 
2014
 
 
 
 
Year 2014
 
In the year 2014, our first batch of OEM orders arrived in Malaysia. This marked a significant milestone, paving the way for our future endeavors.
 
Year 2016
 
On September 1, 2016, we were fortunate to receive an offer that allowed us to achieve another significant milestone. We purchased over 1 acre of land to construct our flagship center, incorporating a showroom, warehouse, and office building.
2016
 
 
 
 
 
2019
 
 
 
 
Year 2019
Year 2019
On November 20, 2019, we established a branch location in Johor Bahru, aiming to expand our market presence.
 
2020
2020
2020
2020
 
We are so proud that our company winning the SME 100 Malaysia Fast Moving Companies and the Golden Bull Award for Emerging SMEs in 2020! It's a great achievement for our company in year 2020
2020
 
 
 
 
 
2024
 
 
 
 
Year 2024
In the year 2024, following the challenges posed by the COVID-19 pandemic, we are pleased to announce that we not only survived but also experienced significant revenue growth with expanded coverage in various locations. Our strategic vision includes setting a benchmark for an Initial Public Offering (IPO) in 2028, which we plan to achieve over a five-year period through seven rounds of funding. Our goal is to develop and extend our operations from upstream to downstream in the palm oil industry.
 
Year 2028
In the year 2028 as part of our expansion plans, we are preparing for a public listing on the Malaysia ACE market. Simultaneously, we aim to extend our reach into the Indonesian and Thai markets, two of the largest palm oil mill markets. Additionally, we intend to establish an Equity carve-out in Singapore, serving as our hub to radiate our operations and engage with international markets.
2028