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On 1 January, Freight Management (‘FMM’) was admitted as an associate member of FIATA, which is the internationally recognised association for freight service providers. |
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FMM expanded its business operations to northern region of West Malaysia with the incorporation of FM(Penang), a wholly owned subsidiary on 11 December. |
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FMM ventured into the air freight business with the incorporation of FM Hellmann Worldwide Logistics (‘FMHWL’) on 18 June. |
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Citra Multimodal Services was incorporated on 20 October to carry out the business of domestic consolidation for East Malaysia. |
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FMM commenced its CFS operations in Port Klang Distribution Park, within North Port effective from 1 September, renting an area termed as Warehouse No.5, which is approximately 10,000 sq ft. |
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Incorporation of FM(Ipoh) on 3 September to have complete coverage between Penang and Port Klang. |
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On 17 January, FM Worldwide Logistics(Penang) was incorporated to support the air freight business for the northern region of West Malaysia. |
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On 17 April, Advance Logistar SB was incorporated to carry on the business of customs brokerage as another supporting service. |
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FMM was accredited an ISO9002:1994 quality management system by SIRIM. |
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FM(Melaka) was incorporated to undertake the development of freight services into Malacca and northern Johor. |
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Acquired a land to build a warehouse cum corporate headquarters on 16 February. |
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Construction and completion of office cum warehouse. The new corporate headquarters was used to house all the FM Group of companies in the Port Klang area. |
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Commencement of rail service in August launched by Datuk Seri Ling Leong Sik with 1 run a week, with a minimum of 15 wagons and maximum of 27 wagons per run. |
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In July, approval was obtained from Ministry of Finance Malaysia to operate a bonded warehouse. |
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FM(Penang) commenced its own CFS facility of 17,993 sq ft in Penang Port. |
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FM(Penang) doubled its office premises by acquiring the adjacent office building. |
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FMM, FM(Penang) and FMHWL obtained ISO9001:2000 accreditation. |
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On 11 August, FMM purchased a piece of land measuring 15 acres for the purpose of constructing its corporate office cum warehouse. |
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On 3 February, FMH was listed on the Second Board of Bursa Malaysia Securities Berhad. |
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On 14 July, Icon Line (Malaysia) subscribe to 55% share in Icon Freight Services Pty Ltd, Australia. |
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On 15 February FMH subscribe to 51% share in TCH Marine Pte Ltd, Singapore to expand its services to cover Tug and Barge operations. |
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FMH move to its new corporate HQ cum warehouse located at Port Klang in March. |
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On 28 May, FM Marine Pte Ltd, Singapore was incorporated. |
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In July, FMM was awarded 30 prime mover and 150 container trailer permits by the Commercial Vehicle Licensing Board, Malaysia. |
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On 10 July, FM was awarded tax incentive ILS2 for 5 years. |
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On 15 July, Johor Bahru Branch commenced its operation. |
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On 18 July, FM awarded 30 Prime Mover and 150 Trailer licences. |
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On 21 Nov, MSC Status granted to subsidiary-Freight Management MSC Sdn Bhd. |
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On 4 December, bonus of 3 for 7 share were issued & paidup capital increased from 85.2mil to 121.7mil. |
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On 6 December, FMH rewarded its shareholders with a bonus issue of 3 Bonus shares for every 7 existing shares held. |
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On 19 December, FMH’s entire issued and paid up capital was transferred from the Second Board to the Main Board of Bursa Malaysia. |
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On 29 August, FMH subscribe 100% Share in Icon Freight International Inc.,British Virgin Islands. Its principal activities is intended to be investment holding. |
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On 6 November, Icon Line (Malaysia), subscribe to 49% share in PT Icon Freight Indonesia,Indonesia. |
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On 2 July, Icon Line (Malaysia) subscribe to 49% share in Icon Freight Services Co.Ltd.,Thailand.
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On 8 December, FMH subscribe 50% share in Symphony Express Sdn Bhd.
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