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1949 |
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Mr Frank Tsao
moves from Shanghai to Hong Kong, buys his
first ship and co-founds Great Southern
Steamship Co. Ltd. |
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1966 |
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Great Southern Steamship Co. Ltd. is dissolved.
Mr Frank Tsao founds International Maritime
Carriers Ltd. (IMC) in Hong Kong |
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1968 |
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Mr Frank Tsao, together with the Malaysian
government, participates in the formation
of Malaysia International Shipping Corporation
(MISC), Malaysia’s national shipping
line |
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Early
1970s |
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IMC forms an early Asian commercial shipping
pool with MISC and Brostroms called Transglobal
Bulkers |
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1972 |
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Mr Frank Tsao helps to found the Malacca
Seamen Training Center (now the Malaysia
Maritime Academy) |
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International Maritime Carriers (Holdings)
Ltd., the holding company for the Group’s
ship owning interests, is publicly listed
on the Stock Exchange of Hong Kong |
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1973 |
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Mr Frank Tsao helps to establish
Malaysia Shipyard & Engineering,
Malaysia’s first shipyard (now
Malaysian Marine & Heavy Engineering)
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Gemas Oil Mills Sdn. Bhd. is set
up in Malaysia to process palm oil
for both domestic consumption and
export |
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1974 |
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IMC purchases
the Maritime Building in Japan |
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1978 |
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United Palm Oil Industry Co.Ltd. is formed
in Thailand for management of large-scale
palm oil plantation and processing of palm
oil |
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1981 |
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Commencement of operation of Far East
Cement Terminal providing full facilities
for the import and distribution of bulk
cement in Hong Kong |
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1985 |
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Lifelines Produce Co. Ltd. set up in Thailand
for experimental and commercial farming
of high value fruits and vegetables for
local and export markets |
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Mid-1980s |
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IMC converts a bulk carrier into a cement
storage/unloading facility which was moored
in Port Kelang and becomes the first logistics
solution provider in Kedah, Malaysia |
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1986 |
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The Group participates in the development
of Suntec City, a major convention &
exhibition centre, office and shopping mall
complex in Singapore |
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1987
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The Group takes over, re-structures and
turns around United Thai Shipping Corp.
Ltd., Thailand’s national shipping
line |
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1989 |
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IMC Holdings Ltd. succeeds International
Maritime Carriers (Holdings) Ltd. as holding
company for the Group. IMC Holdings Ltd.
establishes a secondary listing on the Stock
Exchange of Singapore |
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1990 |
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Unithai Shipyard
& Engineering is established as Thailand’s
largest shipyard |
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1991 |
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The Group moves its corporate headquarters
and dry bulk shipping operations from Hong
Kong to Singapore |
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The Group, a pioneer in Asia of the concept
of commercial shipping pools, establishes
three such pools in the dry bulk sector
operating from Singapore: IMC Transworld
(for panamaxes), Transocean Grabbulk Pool
(for handymaxes) and IMC Transasia (for
handysizes) |
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1993 |
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TSAO Foundation is established as a non-profit
organisation dedicated to enhancing the
quality of life for older people |
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Construction of Menara IMC, the Group’s
office building in Kuala Lumpur, is completed |
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1994 |
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Aurora Tankers is established as
commercial shipping pool in the liquid
bulk sector |
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Unithai Line Public Co. Ltd. is
publicly listed on the Stock Exchange
of Thailand |
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1995 |
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Mr Frederick Chavalit Tsao, son
of the founder, becomes Group Chairman.
Strategic business units are re-grouped
under the banner IMC Pan Asia Alliance
Group |
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East West Cultural Development Centre
is established to address social and
cultural imbalances in a rapidly changing
and increasingly integrated world |
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1996 |
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Joint-venture between Great Asia, the
Group’s investment company in China,
and COSCO Logistics Qingdao establishes
Qingdao Ocean & Great Asia Transportation
Co., Ltd., a freight forwarding company
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1997 |
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Unithai Container Terminal commences operations |
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IMC purchases the MK Building in Japan
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2000 |
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IMC set up non-profit
platform, Corporate Community Games, to
bring working people together through sports,
arts and various social gatherings |
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Joint-ventures are established between
Great Asia and various Chinese companies
in Beijing, Shanghai and Tianjin to manufacture
different types of building materials |
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2002 |
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IMC Holdings Ltd. is privatised by the
Tsao Family |
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Construction of IMC Building Shinbanshi
in Japan completed |
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2003 |
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Joint-venture with Unocal Thailand (now
Chevron) established to form CUEL, an engineering
and fabrication services provider to the
Asian oil & gas industry |
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2004 |
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Joint-venture established with Modec,
a leading producer Floating Production Storage
Offloading (FPSO) facility, to build the
Group’s first FPSO |
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| Joint-venture with China North Industries
Corporation (NORINCO) to form NORIMC.
Approval granted to NORIMC by the
Chinese Government to participate
in domestic chemical shipping business
in China |
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First in-house designed floating loading
facility (FLF) becomes operational in the
coal trade out of Kalimantan, Indonesia
marking company’s drive to service
the entire bulk commodity supply chain |
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Nanjing Golden Asia Aluminum Foil Packaging
Co. Ltd. and Apong (Nanjing) Packing &
Printing Co. Ltd. set up to serve the food
industry |
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2005 |
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Zhoushan IMC –Yongyue Shipyard &
Engineering is established as one of the
largest ship-repair yards in China |
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2006 |
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Oriental Bulk Shipping is established
as pure operator in the dry bulk shipping
sector based in Singapore |
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First sets of tugs-and-barges come on-stream
extending the Group’s range in providing
bulk commodity supply chain solutions |
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IMC Shipping Services established to provide
ship management, crewing, shipyard services
and newbuilding & ship conversion supervisory |
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| Major mining and natural resource
investment positions taken in Australia
including Ashton Coal Project (coal
mine), View Resources (nickel and
gold mines), Horizon Oil (oil &
gas production) and LinQ Resources
Fund |
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Joint-venture with the Chengdu Municipal
Government to form Chengdu IMC Tourism Development
Co., Ltd. to undertake urban planning, tourism
resources integration and cultural development
related to lifestyle real estate development
in Chengdu, China |
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| Commencement of construction for
Qingdao IMC Centre which is expected
to be the tallest office building
in Qingdao, China |
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2007 |
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IMC Marine Capital is established as the
Group’s marine & offshore sector
trading and investment arm |
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Joint-venture with Administration of Dalian
Free Trade Zone to form Dalian Apong Zheng
Tong Real Estate Development Co., Ltd. to
undertake comprehensive development of the
Central Business District of the Dalian
Free Trade Zone |
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Commencement of construction for the high-end
condominium project next to KLCC which comprises
twin 48-storey towers. When completed, it
will be one of the most exclusive condominiums
in KLCC Precinct |
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IMC Corp Limited is established as an
Asia-focused company providing integrated
industrial solution |
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