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1973 |
Mr Ong Sek Chong, the then Chairman of Lian Beng Construction Company, started operations as a sub-contractor for small scale civil engineering and building projects.
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Mr Ong Pang Aik, the current Executive Chairman of the Group, joined the company in 1978 and is responsible for supervising work site and tendering for projects.
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From 1978 to 1988, business expanded in terms of contract size awarded and scope of work undertaken. Began to tender for small-scale civil engineering and building projects as a main contractor.
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1988 |
Conversion of Lian Beng Construction (1988) Pte Ltd (LBC), the flagship company of the Group, with $500,000 paid-up capital to undertake businesses from the sole proprietorship.
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From 1988 to 1993, LBC undertook numerous public sector projects for government bodies, mainly for upgrading and construction of schools, polyclinics, libraries and terrace factories; also secured residential and industrial construction projects in private sector.
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1993 |
In 1993, achieved significant milestone when LBC was awarded first Singapore Housing and Development Board Project in Tampines.
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Since then, many successful tenders and completion of HDB projects, creating a niche in public housing projects.
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1996 |
Registration with the Building and Construction Authority in Singapore as a Grade 8 (G8) building contractor; a highest classification with BCA equivalent to the current A1 grading.
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Awarded first private residential project with contract value exceeding $100 million
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Ventured into engineering and leasing of construction machinery and equipment. Incorporated Lian Beng Engineering & Machinery Pte Ltd in 1996 and Tradewin Machinery & Equipments Pte Ltd in 1997 to complement Group's business and diversify earning base by providing construction services to contractors in Singapore.
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1999 |
With the expansion of operation in size and stature to become one of the major home-grown HDB building contractors, the Group goes on to be listed in the Mainboard of the Singapore Stock Exchange in 1999.
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Shifted into the Group's current Corporate Headquarters
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2000 |
Began to diversify into property development market in Singapore. Incorporated Rocca Investments Pte Ltd and Lian Beng Realty Pte Ltd to undertake the development projects.
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Acquire a factory of land area 109,184 sq ft for the expansion of engineering and leasing operations
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LBC teamed up with another local company and a Bangladeshi company to set up a vocational training school in Dhaka, Bangladesh. This school was managed by Lian Beng (Bangladesh) Training & Testing Centre Pte Ltd, a joint venture company set up by LBC and its joint venture counterparts.
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2001 |
To further consolidate position in the construction industry, the Group successfully acquired a G8 building construction company, Deenn Engineering Pte Ltd - an established "design-and-build" company incorporated in 1975.
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2004 |
The Group, with a joint venture partner, incorporated a subsidiary, PT Lian Beng Energy to undertake a five-year overburden removal contract in Muara Tae, East Kalimantan, Indonesia.
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2006 |
Lian Beng Group Ltd's subsidiary, LBC and Amin Construction Private Limited (a Maldives incorporated construction company) formed a joint venture company, Lian Beng - Amin Joint Venture Pvt. Ltd. in the Republic of Maldives to undertake a USD 17.4 million project for the Design and Build of 600 single-storey housing units in Raa Dhuvaafaru, Maldives.
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2007 |
Lian Beng Group Ltd's subsidiary, LBC clinched a construction project for the highly anticipated Marina Bay Sands Integrated Resort development.
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2008 |
Group's incorporation of new subsidiary, Millennium International Builders Pte Ltd to undertake construction of ultra-luxury niche projects.
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2009 |
The change of company name for Group's wholly owned subsidiary, Tradewin Machinery & Equipments Pte Ltd to Tradewin Engineering Pte Ltd |