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Corporate Milestones
1990:
BKM was first established by Mr Chua Beng Kuang as a sole proprietorship.
 
1994: BKM was being converted into a private limited company.
 
1996:

With the acquisition of more equipment and machinery, Superior Services Center was formed to take control of these assets to facilitates the Group with better management on cost saving and efficiency on utilization and maintenance of equipment.

 
1997:

Beng Kuang Marine (B&Chew) and Beng Kuang Marine (B&Y) was formed to serve the different shipyard at a more distinction personalized approach.

 
1998:

Labroy Marine Limited, a public listed company on Singapore Stock Exchange, took a keen interest in BKM and invested 51% of the shareholding.

In the same year, BKM formed Beng Kuang Marine (B&M) to serve another yard for business expansion.

BKM also acquired Asian Sealand Engineering Pte Ltd to lead our business into Infrastructure Engineering.
In view of the potential market on waste management, BT Asia Marketing & Engineering Pte Ltd was formed to explore this opportunity.

 
1999: Asian Sealand Engineering Pte Ltd has been awarded ISO Certification.

Also, BKM’s purchasing department has grown, branch off and formed Nexus Sealand Trading Pte Ltd which primarily deals with the Group’s procurement.
 
2000:

To spearhead the business in Batam, Indonesia, PT Nexus Engineering Indonesia was being set up to provide BKM’s wide range of services especially in the Infrastructure Engineering services to overseas market.

 
2002:

Picco Enterprise Pte Ltd was being formed to venture into the beverage market.

   
2003:

Tapping onto the growth of the marine industry, B & J Marine Pte Ltd was formed to provide tank cleaning services to shipyards and vessel owners at dockside and at anchorage.

In the same year, PT Master Indonesia was being formed in Batam, Indonesia to expand our Supply & Distribution business.

 
2004:
Four sole proprietorship namely Beng Kuang Marine (B&Chew), Beng Kuang Marine (B&Y), Beng Kuang Marine (B&M) and B & K Marine were converted into private limited constitutions to manage their own Corrosion Prevention activities at different shipyards.

In the same year, Nexus Hydrotech Pte Ltd was being formed to provide hydro-jetting services to both shipyards and vessel owners.

In Oct, BKM was listed onto the SGX-SESDAQ successfully.
 
2005:

ASIC Engineering Sdn Bhd was being formed to extend Infrastructure Engineering services to Malaysia.

 
2006:

Venture Automation & Electrical Engineering Pte Ltd was being formed to expand the range of Infrastructure Engineering services by providing electrical and installation services. It is awarded the authorized distributorship for “AUTRONICA” fire and safety products in Indonesia.

 
2007: Asian Sealand Automation Pte Ltd was formed to provide automated engineering services.

Also in this year, Pangco Pte Ltd was formed and specialized in abrasive blasting for market expansion with PT Berger as its operating arm in Batam, Indonesia.

BKM had ventured into the Environment & Resource by the acquisition of Water & Environmental Technologies (WET) Pte Ltd.

PureFlow Pte Ltd (“PFPL”) is a subsidiary of Water and Environmental Technologies (W.E.T) Pte Ltd which was incorporated also in the same year. It offers complementary environmental solutions in water and wastewater treatment and re-utilisation.
 
NewEarth Pte Ltd is a sister company of PFPL that revolutionarily transforms industrial wastes produced by Singapore’s multi-industries into environment-friendly value-added products using technology such as Crystallization Technology.

PT Nexus Engineering Indonesia attained ISO 9000 certification.

One Hub Tank Coating Pte Ltd venture into internal tank coating.

BKM was successfully transferred onto the SGX Main board.
   
 

*Last update as on 31st December 2007

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