Milestones
|
 |
| |
Since 1988
|
|
|
 |
| |
One Stop Solution For Oil Industry
|
|
|
 |
| |
Own Brand Own Product
|
|
|
 |
| |
| In the year 1988, AK Teng founded a business that was initially operated by a small team, specializing in the supply of spare parts for palm oil mills to estates in the Johor area, in collaboration with a business partner. |
|
|
|
|
| |
|
| |
| In the year 1997, AK Teng was extended an invitation to join Apex Uniparts Sdn Bhd as a partner. |
|
 |
|
|
| |
 |
|
In 2002, AK Teng disassociated from Apex Uniparts Sdn Bhd to embark on an entrepreneurial venture with the primary aim of providing enhanced customer service. |
|
|
|
|
| |
|
| |
|
|
|
| We are delighted to announce that in the year 2007, we made the significant achievement of purchasing our own corner shop to serve as our store and office. 2007 |
|
|
| |
 |
|
In 2009, Tylong Teng joined the company, starting from an entry-level position to initiate his career. |
|
|
|
|
| |
|
| |
 |
| |
| In the year 2014, our first batch of OEM orders arrived in Malaysia. This marked a significant milestone, paving the way for our future endeavors. |
|
|
| |
.jpg "Year 2016") |
| |
| On September 1, 2016, we were fortunate to receive an offer that allowed us to achieve another significant milestone. We purchased over 1 acre of land to construct our flagship center, incorporating a showroom, warehouse, and office building. |
|
|
|
|
| |
|
| |
|
|
|
| On November 20, 2019, we established a branch location in Johor Bahru, aiming to expand our market presence. |
|
|
| |
|
|
| |
| We are so proud that our company winning the SME 100 Malaysia Fast Moving Companies and the Golden Bull Award for Emerging SMEs in 2020! It's a great achievement for our company in year 2020 |
|
|
|
|
| |
|
| |
 |
|
In the year 2024, following the challenges posed by the COVID-19 pandemic, we are pleased to announce that we not only survived but also experienced significant revenue growth with expanded coverage in various locations. Our strategic vision includes setting a benchmark for an Initial Public Offering (IPO) in 2028, which we plan to achieve over a five-year period through seven rounds of funding.
Our goal is to develop and extend our operations from upstream to downstream in the palm oil industry.
2024 Series A fund raising RM1.5million, 2025 Series B fund raising RM 5million. |
|
|
| |
 |
|
| Target 2030-2031 achieve market value on RM 1 Billion to IPO such as Bursa Malaysia or NASDAQ. |
|
|
|
|