However, the ownership of the two companies remains unchanged until 1996. In the year 1996, six new shareholders participated and hold a total of 40% interest in the company, while the remaining 60% was retained by the former two owners. Four additional directors were appointed at that time.
Following the setup of our Tawau office in 1976, the business has grown from strength to strength over the years. In the year 1990, we expanded our network and setup a full branch operation in Sandakan and the Kota Kinabalu branch was formed in 1992 and more recently in January 2005, Lahad Datu branch commenced operation.
We started merely as Custom clearance agent in Tawau and gradually diversified to land transportation business and as today we are a leading integrated logistics company in Sabah. The workforce of our company started with self employed and with a team of 250 dedicated staff today.
We had formed few related companies to enhance our business. All these companies were productive and contributed to TS group performance. We also embarked some joint venture logistics business with West Malaysia leading logistics company.