Corporate Information : Milestones

1999
Disposal of 30% equity in Beijing King Voray Edible Oil Co. Ltd. by KLK's 55% owned subsidiary, Voray Holdings Limited, Hong Kong.

B.K.B. Hevea was awarded the MS ISO 9002 certification for the manufacture of 3-layer parquet.

The Group's first 80 tn/hr palm oil mill (SWP Palm Oil Mill) in Belitung, Indonesia was commissioned.

The Group's first 3 tn/hr rubber factory (Mandau Rubber Factory) in Duri, Sumatra, Indonesia was commissioned.

1998
Shareholders' approval for the first time for the Company to buy back its own shares.

Acquisition of 25% and 10% shareholding in KLKCP from BKB and Taiko Management Sdn Bhd respectively making KLKCP a wholly-owned subsidiary of KLK.

Entry into parquet manufacturing through the acquisition of the entire issued and paid-up capital of B.K.B. Hevea Products Sdn Bhd ("B.K.B. Hevea") from BKB.

1997
Acquisition of the entire issued and paid-up capital of Masif Latex Products Sdn Bhd which manufactures household gloves.

1996
Acquisition of PT Adei Plantation & Industry which owns 27,771 ha of plantation land in Sumatra.

Entry into retailing through the acquisition of the business of Crabtree & Evelyn, a leading international manufacturer and retailer of personal care products, toiletries, home fragrance products and fine foods.

Acquisition of an additional 50% of the equity of Masif Healthcare Products Sdn Bhd (now known as KL-Kepong Rubber Products Sdn Bhd) making it a wholly-owned subsidiary of KLK. This wholly-owned subsidiary manufactures examination gloves.

The Kuala Lumpur Stock Exchange prescribed the shares in the Company into the Central Depository System, a scripless share transaction system with effect from 14 October 1996.