Tmk Chemical Bhd. (Malaysia)

Incorporated in 1989, the Company is one of the principal trading arms for the chemicals manufactured by the Group.
In recent years, the Company has expanded its trading operations to include non-Taiko chemicals. As a result, the Company s product portfolio has expanded to over 130 types of chemicals.
In conjunction with the Listing, on 24 October 2024, the Company undertook the subdivision of 83,178,163 Shares into 780,000,000 Shares. The purpose of the Subdivision is to enhance the liquidity of the Shares upon Listing.
1989 - TMK was incorporated on 20 February 1989 by co-founders, namely Dato' Lee Soon Hian and Dato' Lee Hau Hian (i.e. who exited Company when he sold his entire equity interest of 28.2 in 2006 to Dato' Lee Soon Hian), to commence business in the provision of total chemical management of inorganic chemicals in Malaysia, in which the company source and distribute inorganic chemicals comprising acids, alkalis, salts and other chemical products.
1992 - Business expanded and began to engage the warehousing services of a third-party company to receive and store Group's products for a storage tank capacity of 2,500 MT. The third-party company's liquid bulk facility was located in North Port, Klang, Selangor. The company ceased the engagement of their services subsequent to acquiring a new facility from a third party in 2017 (i.e. Port Klang Facility 2), which remains as existing facility up until to-date.
2001 - The company continued expanding and rented first facility in Pasir Gudang to store products. With this facility, the company expanded offerings to include the provision of chemical processing services, and handling and storage services to customers. The company ceased renting this facility subsequent to acquiring a new facility from a third party in 2008 (i.e. Pasir Gudang Facility), which remains as existing facility up until to-date.
2002 - The company expanded into East Malaysia and rented a facility in Kuching, Sarawak, which was used as processing facility, and handling and storage facility. The company ceased renting this facility subsequent to renting and commencing operations from a new facility in 2023 (i.e. Kuching Facility), which remains as existing facility up until to-date. The company rented a facility in Seberang Perai, Penang, which was used as processing facility, and handling and storage facility. The company ceased renting this facility subsequent to constructing and commencing operations from a new facility in 2021 (i.e. Seberang Perai Facility), which remains as existing facility up until to-date. The company engaged the warehousing services of another third-party company to receive and store our Group's products for a storage tank capacity of 7,700 MT. The third-party company's liquid bulk facility was located in North Port, Klang, Selangor. The company ceased the engagement of their services subsequent to engaging the services of another third-party company at a new facility in 2015 (i.e. Port Klang Facility 1), which remains as existing facility up until to-date.
2004 - The company acquired another piece of land with a facility adjacent to Singapore Facility 1 (“Singapore Facility 2”) from a third party, as business continued to expand and the company required more space to store products. Singapore Facility 1 and Singapore Facility 2 had a combined total storage tank capacity of 400 MT.
2008 - The company acquired a new facility in Pasir Gudang, Johor, from a third party, which had a total storage tank capacity of 494 MT (“Pasir Gudang Facility”) and was used as oliquid bulk facility, processing facility, and handling and storage facility. The company rented an additional facility in Pasir Gudang, Johor which was used as dry bulk facility, and handling and storage facility. The company ceased renting this facility subsequent to constructing and commencing operations from a new facility in 2023 (i.e. Tanjung Langsat Facility), which remains as our existing facility up until to-date. The company expanded regional presence into Vietnam through the incorporation of TMK Dai Hung on 9 June 2008 via TMKS. TMKS held 49.0 equity interest
in TMK Dai Hung, with the remaining equity interest of 51.0 being held by Dai Hung Chemicals Co., Ltd (i.e. which exited TMK Dai Hung when it sold its entire equity interest of 51.0 in 2009 to TMKS). The company set up operations at a rented office in Ho Chi Minh City. In June 2010, our shares in TMKS were fully transferred to Torsgate, a company with common shareholders as Group. Despite the transfer of shares, there were no changes to the management and reporting structure of TMK Dai Hung. In 2023, we undertook a restructuring exercise prior to our Listing.
2010 - On 20 April 2010, the company acquired 100 equity interest in New Port, a company that was involved in the provision of storage facilities for liquid bulk chemicals and transportation services, via TMK. The assets of New Port included a liquid bulk terminal with storage tank capacity of 15,100 m3 in Pasir Gudang, Johor (“Pasir Gudang Terminal”). With the assets acquired, the company expanded offerings to include the provision of chemical terminal services through Pasir Gudang Terminal. We engaged the warehousing services of a third-party company in Singapore to store Group's product with a storage tank capacity of 4,500 m3. The company also engaged their services to provide handling and storage services to customers in Singapore. The third-party company's liquid bulk facility was located in Sakra Avenue, Singapore (“Singapore Facility 3”).
2011 - Business in Vietnam expanded and we began to engage warehousing services of a third-party company in Vietnam to store our Group's dry bulk chemicals. The company also engaged their services to provide handling and storage services to customers in Vietnam. The third-party company's facility was located in Phu My Town, Ba Ria – Vung Tau Province (“Vietnam Facility 1”).
2015 - The company engaged the warehousing services of a third-party company in East Malaysia to store our Group's products. The company also engaged their services to provide handling and storage services to our customers in East Malaysia. The third-party company's liquid bulk facility was located in Bintulu, Sarawak (“Bintulu Facility”). The company engaged the warehousing services of another third party to store Group's product. The third-party company's liquid bulk facility was located in Port Klang, Selangor (“Port Klang Facility 1”).
2017 - The company acquired a facility in Port Klang, Selangor, from a third-party company, to be used as our liquid bulk facility, processing facility, and handling and storage facility, which has a total storage tank capacity of 375 MT (“Port Klang Facility 2”). The company engaged the warehousing services of another third-party company in Vietnam to store Group's product for a storage tank capacity of 4,500 MT. The third-party company's liquid bulk facility was located in Phu My Town, Ba Ria – Vung Tau Province, Vietnam (“Vietnam Facility 2”). The company acquired a piece of industrial land of approximately 44 acres in Banting, Selangor, from a third-party company, to be used for the construction of Banting Plant 1 (“Banting Land”). Our Banting Plant 1 will be used for the manufacturing of inorganic chemicals, focusing primarily on chlor-alkali derivatives.
2018 - The company commenced the demolition of the existing structures on Banting Land as well as the procurement of equipment for our Banting Plant 1.
2019 - The company achieved an international standard of compliance to quality assurance and quality control when we obtained our ISO 9001:2015 certification for the scope of provision of trading, warehousing, manufacturing, and distribution of chemicals, from Societe Generale de Surveillance United Kingdom Ltd and SGS (Malaysia) Sdn Bhd.
2020 - The company engaged the warehousing services of another third party in Vietnam to storour Group's dry bulk chemicals. The company also engage their services to provide handling and storages services to customers in Vietnam. The third-party company's facility was located in Ha Long City, Quang Ninh Province (“Vietnam Facility 3”). The company commenced construction of our Banting Plant 1.
2021 - The company rented a facility in Port Klang, Selangor for use as product improvement facility (“Port Klang Facility 3”) where chemical products are customised for specific industrial uses. We commenced the equipment installation at our Banting Plant 1.
2022 - The company engaged the warehousing services of a third-party company to receive and store Group's dry bulk chemicals. The third-party company's facility was located in Port Klang, Selangor (“Port Klang Facility 4”). The company obtained Certificate of Conformity for Good Distribution Practice for Medical Devices from Medivice Certification Sdn Bhd. This certification certifies that the company are able to maintain the quality, safety and performance of medical devices throughout the supply chain, which includes supply of chemicals classified as medical devices.
2023 - The company obtained Environmental Management System – ISO 14001:2015 certification for the scope of ‘Provision of marketing, production, warehousing and distribution of chemicals', from BSI Assurance UK Limited. The company obtained the MD Status from MDEC for the implementation of digitisation plan which is expected to improve the efficiency of operations both in Malaysia and overseas, as well as granting Group access to incentives, rights and privileges from the Malaysian Government. The company rented a facility in Kuching, Sarawak to be used as processing facility, and handling and storage facility (“Kuching Facility”).
2024 - In April 2024, the company commenced the construction of a new facility in Port Klang, Selangor, to be used as dry bulk facility, processing facility and product improvement facility (“New Port Klang Facility'). The land for new dry bulk facility, product improvement facility and processing facility was acquired from a third party in 2022. The construction of Banting Plant 1 was completed and the company commenced operations in May 2024. With that, business activities expanded to include the manufacturing of inorganic chemicals, focusing primarily on chlor-alkali derivatives.