Batu Kawan Berhad (“BKB”) was incorporated in the Federation of Malaya on 9 December 1965 under the Companies Ordinances, 1940 – 1946 as a limited company under the name of Batu Kawan Plantations Limited. It changed its name from Batu Kawan Plantations Limited to Batu Kawan Plantations Sdn Berhad on 15 April 1966. On 30 July 1971, it was converted into a public limited company and assumed the name of Batu Kawan Plantations Berhad. On the same day, it changed its name from Batu Kawan Plantations Berhad to Batu Kawan Berhad.
Listed on Bursa Malaysia Securities Berhad since 12 October 1971.
1973
The start of our investment journey in Kuala Lumpur Kepong Berhad ("KLK") , from its initial shareholdings of 5.73% until our current shareholding in KLK at 47.9%.
1983
Acquired See Sen Chemical Berhad ("See Sen") as our 61%-owned subsidiary. See Sen is now the largest producer of sulphuric products in Malaysia.
1997
Acquired Malay-Sino Chemical Industries Sendirian Berhad ("Malay-Sino") as our 50.39%-owned subsidiary. Malay-Sino is the largest Malaysian producer of chlor-alkali chemicals.
2008
Acquired PT. Satu Sembilan Delapan, 5,728 ha oil palm plantation in East Kalimantan, and it became our 92% direct-owned Indonesian subsidiary.
2013
KLK, a previously 46.57% associate, was accounted as our subsidiary in accordance with the Malaysian Financial Reporting Standard 10: Consolidated Financial Statements.
2015
Acquired a 90% direct equity interest in PT. Tekukur Indah, an Indonesian company with 1,497 ha land intended for palm oil development.
Caruso Australia Ventures Pty Ltd was established for the purpose of investing in residential property development in Australia.
2017
Shareholdings in Malay-Sino increased to 98% through progressive purchases of shares.
2021
Acquired a 56.32% equity interest in Chemical Company of Malaysia Berhad (“CCM”) , a leading manufacturer and supplier of chlor-alkali and polymer chemicals in Malaysia. Following a mandatory Take-over offer, all remaining CCM shares were acquired, bringing the total acquisition cost of CCM to RM502,142,000. As a result, CCM became a wholly-owned subsidiary of BKB.
2023
PT. Satu Sembilan Delapan and PT. Tekukur Indah were sold to KLK for RM276.55 million.
2024
CCM became the holding company of BKB’s Industrial Chemical group of companies, following an internal corporate restructuring exercise.