FMH was incorporated in Malaysia under the Act on 20 March 1996 as a private limited company under the name of Freight Management (Holdings) Sdn Bhd. On 8 April 2004, the Company changed its name to Freight Management Holdings Sdn Bhd and was subsequently converted into a public limited company and assumed its present name on 13 May 2004.
FMH is principally an investment holding company and provides management services to its subsidiary and associated companies. The principal activities of the subsidiaries and associated companies of FMH are disclosed in Section 5 of this Appendix.
In 1988, the promoters of FMH namely, Chew Chong Keat, Yang Heng Lam and Gan Siew Yong, (“Promoters”) commenced the business operations of providing freight services in Port Klang, the maritime gateway of Malaysia with staff strength of 8. The principal focus then was the provision of freight services such as LCL consolidation to Singapore and FCL services. Freight Management (M) Sdn Bhd (“FMM”) then had 2 overseas independent agents located in Singapore and Hong Kong.
In 1989, the Promoters embarked on expanding the business operations of FMM domestically to cover the northern region of West Malaysia through the incorporation of Freight Management (Penang) Sdn Bhd.
To further strengthen the existing services, the Promoters in 1990 introduced air freight services through the incorporation of FM Airfreight Sdn Bhd (now known as FM – Hellmann Worldwide Logistics Sdn Bhd) at the then Subang International Airport. The Promoters continued to expand on the range of freight services offered to their customers to cover LCL consolidation and FCL services between East and West Malaysia through the incorporation of Citra Timuran Sdn Bhd (now known as Citra Multimodal Services Sdn Bhd) in 1991.
1993 was yet another significant milestone for the FM Group as the Promoters expanded the business operations to Kinta Valley, Perak by incorporating Freight Management (Ipoh) Sdn Bhd to cover the sales and marketing of freight services in that region. In addition, the Promoters initiated the Group’s first CFS operations in Port Klang.
In addition to the incorporation of FM Airfreight Sdn Bhd in 1990 (now known as FMHWL), the FM Group continued to expand its air freight services by incorporating FM Airfreight (Penang) Sdn Bhd (now known as FM Worldwide Logistics (Penang) Sdn Bhd) in 1994 to cater for the air freight business for the northern region of West Malaysia.
In 1996, to complement the range of freight services available, the Promoters commenced the operations of Logistar Sdn Bhd (now known as Advance Logistar Sdn Bhd) to undertake all the customs brokerage activities and services of the Group. The Promoters continued to expand their sales and operational activities to the southern region of West Malaysia through the incorporation of Freight Management (Melaka) Sdn Bhd in 1996. In the same year, FMM obtained its first ISO 9002 certification which was a testament to the Group’s philosophy of growing the organisation quantitatively and qualitatively.
To complete the range of freight services offered to its customers, the Promoters pioneered a dedicated rail freight service from Port Klang to/from Lat Krabang, Bangkok in 1999. As a result, the FM Group was able to offer a complete multimodal freight services to its customers. In the same year, the FM Group also commenced the operations of its first bonded warehouse of 40,000 sq ft.
Today, the Group offers a complete suite of freight services covering sea, rail and air and customs brokerage and distribution services. The Group has weekly LCL consolidations to approximately 127 ports worldwide and has 107 agents representing it globally.