Corporate Milestones
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Overview

As the sun rises in the East, Suria Capital Holdings Berhad (SURIA) continues to rise even further, from a
humble beginning as a financial institution to a diversified company focusing on port services and other related businesses.
SURIA continues to rise even further, creating rays of value to its customer.

1996  
Acquisition of Financial Services i.e. Sabah Bank Berhad and Sabah Development Bank Berhad.
•  Suria Capital Holdings Berhad was listed on the Main Board of Bursa Malaysia.

2001  
Disposal of financial business.

2003  
A tripartite agreement on privatization among Suria Capital Holdings Berhad, Sabah Ports Sdn Bhd and the Sabah State Government took place.

2004  
Acquistion of Sabah’s 7 major ports from (Sabah Ports Government Agency) by Sabah Ports Sdn Bhd. Finally completed.

2005  
Establishment of Suria Bumiria Sdn Bhd to undertake property development projects.
Set up of S.P Satria Sdn Bhd to undertake supply and maintenance of cargo handling equipment.
Tricubes Suria Sdn Bhd was established to specialize in providing Information and Communications Technology solutions for port operations.
Suria Bumiria Sdn Bhd entered an agreement with holding company SURIA and Sabah Ports Sdn Bhd to develop and manage 23.25 acres of land at Tanjung Lipat

2006  
Establishment of S.P. Satria Logistics Sdn Bhd to provide bunkering services and other related activities.
Jesselton Point was completed by Suria Bumiria Sdn Bhd and officially opened by the Chief Minister of Sabah, YAB Datuk Seri Panglima Musa bin Hj. Aman.

2007  
A RM150 million Islamic Private Debt Securities Facility (PDS) was jointly arranged by Bank Muamalat Malaysia Berhad and MIDF Amanah Investment Bank Berhad for Sabah Ports Sdn Bhd.
RM400 million Sapangar Bay Container Port is ready and operational. The container operations in Kota Kinabalu Port moves to the new container port.
Capital restructuring exercise to release the restrictions caused by accumulated losses.
Approved Service Project for investment allowance tax incentive under Schedule 7B of the Income Tax Act 1967 granted by the Ministry of Finance.



 

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