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.
|
|
|
|
|
|
|
|
|
|
| In the year 1997, AK Teng was extended an invitation to join Apex Uniparts Sdn Bhd as a partner.
|
|
|
|
|
|
|
|
|
|
| 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.
|
|
|
|
|
|
|
|
|
|
|
| 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
|
|
|
|
|
|
|
|
| In 2009, Tylong Teng joined the company, starting from an entry-level position to initiate his career.
|
|
|
|
|
|
|
|
|
|
| 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.
|
|
|
|
|
|
|
.jpg "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.
|
|
|
|
|
|
|
|
|
|
|
| On November 20, 2019, we established a branch location in Johor Bahru, aiming to expand our market presence.
|
|
|
|
|
|
|
|
|
|
|
| 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
|
|
|
|
|
|
|
|
|
|
| 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.
|
|
|
|
|
|
|
|
|
|
| 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.
|
|
|