Kuala Lumpur Kepong Berhad
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| Kuala Lumpur Kepong Berhad | |
|---|---|
| Type | Public |
| Founded | Established 1906 |
| Headquarters | Ipoh, Malaysia |
| Key people | Dato' Seri Lee Oi Hian(Chairman & Group CEO) |
| Industry | Plantation, Industrial, Property,& Retailing |
| Revenue | RM5.07 billion (2007) (▲ 1.15 billion MYR) |
| Employees | Over 25,000 |
| Website | Official Website |
Kuala Lumpur Kepong Berhad (KLK, MYX: 2445), had its origins in 1906 when its predecessor company, The Kuala Lumpur Rubber Company, Limited (KLR), was formed in London to invest in rubber estates in Malaya, as it was known then. It started with some 6 square kilometres of rubber plantations, including some coffee. KLK is a Malaysian multinational company involved in plantation, manufacturing, retailing and property development. Whilst plantation remains KLK's core business, the Group has expanded downstream into resource-based manufacturing, in particular oleochemicals, cocoa processing and rubber processing. Through Crabtree & Evelyn, a worldwide brand, the Group is involved in the manufacture and retail of personal care products, toiletries, home fragrances and fine foods. Capitalising on the strategic location of its land bank in Malaysia, KLK has also ventured into property development.
KLR grew by acquisition of other rubber companies and in 1960 changed its name to Kuala Lumpur-Kepong Amalgamated Limited (KLKA) to reflect these developments. In 1973 under a scheme of reconstruction, KLKA was placed in voluntary liquidation with the Malaysian-incorporated KLK taking over its assets and liabilities. The move to bring its domicile back to Malaysia was initiated by KLK's Founder Chairman, the late Tan Sri Dato' Seri Lee Loy Seng.
On 23 February 2005, KLK announced to the Bursa Malaysia Securities Berhad and London Stock Exchange (LSE) that the Company's shares would be delisted from the London Stock Exchange with effect from 1 May 2005.
