Annual Report 2014
(Cont’d)
corporate
milestones
5
2007
2009
•
KLSB secured its first IBS building
project from Iskandar Regional
Development Authority at a contract
value of RM142.81 million
•
Kimlun Corporation Berhad was
incorporated as an investment
holding company
•
KLSB was accredited the “ISO
9001:2000, Quality Management
System” certification
2008
•
KLSB secured the project for the
construction of the elevated
interchangealong Johor Bahru Inner
Ring Road – Package 3B Jalan Abu
Bakar Interchange with a contract
value exceeding RM100 million
•
KLSB formed IBS Department to
promote IBS construction methods
•
I-Buildtech Solutions Pte Ltd (“IBT”)
was incorporated in Singapore
2010
•
Kimlun
Corporation
Berhad
acquired KLSB, SPC and IBT in
conjuction with its proposed initial
public offering exercise
•
Kimlun Corporation Berhad was
successfully listed on the Main
Market of Bursa Malaysia Securities
Berhad on 29 June 2010
•
Kimlun
Corporation
Berhad
incorporated a new wholly-owned
subsidiary namely, Kimlun Land
Sdn Bhd (“KLLSB”)
2011
•
KLLSB subscribed for fifty one
thousand (51,000) ordinary shares
of RM1.00 each, representing 51%
of the total issued and paidup share
capital of Posh Atlantic Sdn Bhd
(“PASB”). Upon completion of the
subscription, PASB become a 51%
owned subsidiary of KLLSB
•
Kimlun Group ventured into
property development with its first
development land in Cyberjaya,
Selangor
2012
•
SPC was appointed by Mass Rapid
Transit Corporation Sdn Bhd as the
designated supplier for the supply
of segmental box girders (“SBG”) to
certain packages of the Projek
Mass Rapid Transit Lembah
Kelang: Jajaran Sungai Buloh-
Kajang for RM223.18 million
•
KLSB secured more than RM400
million worth of IBS projects during
2012
•
On 6 December 2012, KLLSB has
incorporated a wholly-owned
subsidiary, Kimlun Medini Sdn Bhd
(“KMSB”). KMSB is principally
engaged in property investment and
property development
2013
•
Kimlun Group launched its first
property development project, the
Hyve SOHO and Offices in
Cyberjaya, Selangor
•
KLSB secured its first contract with
a value exceeding RM290 million
for the construction of service
apartments and ancillary buildings
•
SPC set up a new precast concrete
products manufacturing plant on a
piece
of
land
measuring
approximately 130 acres in Negeri
Sembilan,
and
commenced
production 2008 during the year
