UMW Holdings Berhad - corporateprofile

CORPORATE PROFILE

UMW is a leading industrial enterprise with diverse and global interests in the automotive, equipment, manufacturing and engineering, and oil and gas industries. The UMW Group has expanded beyond Malaysian shores; we now also have an international presence in Singapore, Indonesia, Thailand, Myanmar, Vietnam, Papua New Guinea, Australia, Taiwan, China, India, Oman and Turkmenistan.

Strategic alliances with leading global organisations have helped position the UMW Group as a leader in our core businesses. The UMW Group focuses on four strategic business units:

Automotive • Equipment • Manufacturing & Engineering • Oil & Gas

GROUP STRUCTURE

MILESTONES

Milestones

1900 - 1949
1917	Chia Yee Soh set up his own automotive repair shop in Orchard Road, Singapore – United Motor Works
1927	United Motor Works Pte. Ltd. was established
1936	The agency for Pennzoil lubricant products was acquired from Pennzoil Products Company of the USA
1949	United Motor Works (Penang) Sdn. Bhd. was established

1950 - 1979
1950s	Chia Yee Soh’s son, Eric Chia was sent to work at United Motor Works (Malaya), Kuala Lumpur
1954	The operations in Kuala Lumpur and Penang were reorganised as Main Offices
1961	Industrial equipment was added to the company’s business
1962	An agreement was signed for the award of the first franchise from Mitsubishi Heavy Industries Ltd. of Japan
1965	The Komatsu distributorship was awarded by Komatsu Ltd. of Japan
1967	The agency for the Toyota Forklift was acquired for Peninsular Malaysia
1970	United Motor Works (Malaysia) Holdings Berhad was incorporated and became the Group’s holding company, listed on the Kuala Lumpur Stock Exchange (KLSE)
1971	The Group moved into new premises at the Batu Tiga Complex, Shah Alam, Malaysia

1980 - 1999
1981	TMS of Japan announced the appointment of Sejati Motor Sdn. Bhd., a new UMW/Bumiputera joint venture company, to take over the import, assembly and distribution of Toyota motor vehicles in Malaysia
1982	Turnover of the UMW Group passed the one billion Ringgit mark for the first time
1985	United Motor Works (Malaysia) Holdings Berhad changed its name to UMW Corporation Berhad
1987	As part of a capital reconstruction exercise, UMW Holdings Berhad was created and its shares were listed on the KLSE and the Stock Exchange of Singapore, in place of the shares of UMW Corporation Berhad
	Sejati Motor changed its name to UMW Toyota Motor Sdn. Bhd.
1988	The capital reconstruction exercise was completed, with Permodalan Nasional Berhad becoming the largest shareholder in UMW
1990	Toyota cars became the top seller in the non-national car segment of the Malaysia automobile industry
1993	UMW Corporation Sdn. Bhd. became the largest shareholder for the second national car company, Perusahaan Otomobil Kedua Sdn. Bhd. (PERODUA)
1994	The PERODUA Kancil was launched to such overwhelming response that within just four months, it became the second best-selling car in Malaysia
1999	UMW celebrates thirty years of operations as a public-listed company

2000 & Beyond
2001	The Group’s diversified operations were rationalised into 4 main Strategic Business Units (SBUs): Automotive, Equipment, Manufacturing & Engineering and Oil & Gas
2002	The new Oil & Gas Division’s head office at Plaza Sentral, Kuala Lumpur was officially opened
2007	UMW began its corporate rebranding exercise, to push further the Group’s global expansion plans and transform itself into a truly, world- class organisation
2008	“The New UMW” was unveiled to the world at a highly colourful and entertaining event held at the Kuala Lumpur Convention Centre
2012	For the first time since it became public listed, the UMW Group attained RM2 Billion in PBT. The phenomenal achievement marked the 12th record performance for UMW
2013	UMW Oil & Gas Corporation Berhad is listed on Bursa Malaysia, the biggest IPO in Malaysia for the year

Did you know?

Beyond Boundaries® is our new rallying call which is about working together to eliminate barriers and achieve new heights. It is also about our values - Honour, Vibrant, Unshakeable and Pioneering - which are the underlying principles in everything we do.