Intraco's journey has been underpinned by its vision, mission and a strong set of core values. Over the years, we have established a lasting brand reputation and solid regional network. We have also continuously repositioned our businesses with the changes in macro and microeconomic environment to deliver long term shareholder returns. We will continue to do so in the coming years with a focused approach and clearly defined strategy.
1968 - 1977
1978 - 1987
1988 - 1997
1998 - 2007
2008 - 2017
2018 - Present
1968
- Year of incorporation
- Formed JV in shoe-making with one of Britain's largest shoe manufacturers
- Authorised dealer and sole authorised importer of gold for local consumption
1969
- Established a product specialist department to channel market intelligence to local industries for textiles, rubber, plastics, leather, food, wood, furniture, timber and logging activities, building materials, electrical products, chemicals, engineering products, primary commodities and consumer products
- Established overseas offices in Saigon, Sydney, Jakarta and Moscow
1970
- First local company to crack the Vietnamese market by supplying soya bean oil to the Vietnamese army
- Formed JV to deal with container cargo
- Ventured into manufacturing of jeans and made-up garments
1972
- Listed on Mainboard of Singapore Exchange
- Established JV to build a bulk liquid terminal at Jurong
- Ventured into manufacturing a wide range of knock-down wooden furniture and component parts
1973
- Established JV to export tobacco products, wine, spirits and beer
- Formed JV to establish a food canning facility in Saigon
- Ventured into manufacturing of ready-mixed concrete for the building industry
1974
- Incorporated into Temasek's portfolio
- Appointed as the Government's agent to import rice and maintain both stable prices and strategic supplies for emergencies
1975
- Exported to c.40 countries; main export items were shoes, jeans and knock-down wooden furniture
- Ventured into manufacture of steel sheets for use in warehouses and industrial buildings
- Set up a representative's office in Bahrain to promote export of Singapore-made goods to West Asian markets
- Established JV to produce medium-priced high quality furniture for export
1976
- Ventured into engineering and related products business
- Incorporated a sawmill business
1977
- Established JV to set up and operate a golf driving range in East Coast Parkway
1978
- Ventured into various businesses, such as shipping agency, securities investment, and manufacture of plastic parts for electronics
1979
- Partnered with Singapore-based Non-governmental Organisations ("NGOs") (e.g. UNHCR, Oxfam, UNICEF and World Vision) to support their Cambodian operations
- Started new subsidiaries to galvanise local contractors, architects and consultants to bid for overseas construction projects
1980
- Secured contract to sell plywood directly to China (the first direct sale between Singapore and China, previously all trades via HK)
- Clinched inaugural overseas development project to build a market complex in Sri Lanka
- Opened a representative office in Jeddah to improve trade with West Asian countries
- Established JV with the Maldives Government to promote tourism and increase trade
1981
- Signed a mutual trade co-operation agreement with Guangdong and Fujian provinces
- Set up property units to undertake office and warehouse development projects
- Ventured into the travel business
- Sole agency for nine products of the China National Machinery and Equipment Import-Export Corporation (CMEC)
- Established JV to build a general purpose warehouse in West Coast Singapore and provide related ancillary facilities and services
- Formed first major JV in Malaysia to extract marble from Pulau Langkawi
- Established JV to develop oil palm plantations in Sri Lanka
1982
- Established JVs to provide low-cost housing in Kedah, manufacture pre-cast concrete beams, piles and welded mesh
- Ventured into the fashion retail business
- Invested in an oil palm venture in Hainan Island, Intraco's first investment in China
- Set up JV to undertake the liquid bulk installation business
1983
- Ventured into high-technology business with US companies to introduce an intelligent integrated system for building and facilities management
- Formed JV with an American company to develop and produce educational and industrial robots as well as computer systems
- Established JV with an Indian company to provide computer systems consultancy and software services to a wide range of industries
- Invested in a jacket-making factory in Bangladesh
- Set up JV with a British company to sell packaging technology in China
- Won contract as part of a Singapore consortium to build and run a supply base for China’s offshore oil exploration efforts, in Chiwan, Shenzhen
- Formed JV to trade marine bunker to ships calling at Singapore
1984
- Ventured into repair and maintenance of heavy equipment in Angola, arguably the world’s largest contract of its kind at the time
1985
- Ventured into the design consultancy business
- Successfully developed a new disease-resistant coffee hybrid through its JV biotechnology company
1986
- Formed JV with a select Beijing-backed corporation in Hong Kong, to handle trade between China and other countries, using Singapore as the base
1987
- Successfully created SIR-3, the first light industrial robot in Asia excluding Japan
1989
- Formed JV with a Chinese state-owned company to export and re-export packaging materials through Singapore to China
- Ventured into the auto distribution business for Soviet Union-manufactured, Lada cars in Asia
- Ventured into meat distribution business
- Bought a stake in Hong Kong-based Burvill for the purpose of strategic alliance
- Ventured into furnishing and supplies to provide management services and undertake architectural and design consultancy projects on a turnkey basis
- Formed JV with Moscow firm to trade in diamonds
1990
- Ventured into petroleum and chemical products distribution business in Southern China
- Set up JV with a Soviet corporation to trade consumer electronics and office automation products
1991
- Set up a representative’s office in Hungary to boost Eastern Europe presence
1992
- Established JV with Russians to import fertilisers and resources from the Commonwealth of Independent States, while sending back much sought-after consumer goods
1993
- Reached all-time high market cap. of S$278m
- Begun distribution of Rover cars
1994
- Ventured into plastics trading business and food trading business (Intraco Foods)
- Formed JV with Russian company to source and process seafood products for export
- Ventured into ICT business by establishing computer training centres in Vietnam and acquiring a minority stake in Teledata
- Achieved status as the number one regional distributor of LG semi-conductor components
1995
- Recorded all-time high revenue of S$918m
- Ventured into seafood processing business with Chinese partners
- Opened office in Seattle, USA to penetrate into North American market for processed seafood from China
- Completed first power project in Wuxi, China to supply electricity and steam to local industries
- Incorporated a tripartite consortium which was awarded a Public Radio Paging License by the Telecommunication Authority of Singapore
1996
- Formed consortium with Cambodian provincial government to grow rice
- Invested in an independent and homegrown production and broadcast group to expand in the telemedia sector
- Setup a car rental and leasing business, which was the first in its business segment to achieve the ISO 9002 certification
- Secured the franchise for Leyland DAF Vans (LDV), a leading British van manufacturer
1997
- Established Intrawave as a 49% joint venture with Teledata
- Secured the distribution rights for Renault heavy vehicles
2002
- Purchased remaining 51% shares of Intrawave from Teledata thus making IntraWave became a wholly-owned subsidiary of Intraco
2003
- Divestment by Temasek Holdings
2005
- Ventured into lighting business
2006
- Ventured into coffee trading business
2007
- Established a wholly-owned-foreign enterprise ("WOFE") in Shanghai, China
2009
- Ventured into resin colour compounding business with Dynamic Colours
2013
- Ventured into cranes rental business in Myanmar with Tat Hong Intraco
2014
- Ventured into passive fire protection services business with K.A. Group