Milestones
A History over a Century Old
First founded in London as Malayan Tin Dredging Limited in 1911, the Company transferred its domicile to Malaysia by incorporating Tin Dredging (M) Berhad (MTD) in 1976, then the largest Malayan tin dredging group in Malaysia. In 1981, MTD merged with New Tradewinds Sdn Bhd which had earlier taken over London Tin Corporation (LTC), the world's largest tin mining company, adopting the name Malaysia Mining Corporation Berhad to become the world's largest integrated tin producer. The Company was listed on Bursa Malaysia on 12 July 1977.
The Need for Change
In 1983, the Company made a calculated business decision to cease tin mining operations in Malaysia in view of increasing operational costs, low tin grades, shortage of labour and the shrinking demand for tin worldwide. The Company, however, maintained its gold and diamond mining operations in Australia through Plutonic Resources Limited (Plutonic) and Ashton Mining Limited. The 1997 merger of Homestake Mining Company (Homestake) with Plutonic resulted in the Company's associate interest in Plutonic being replaced by an investment stake in Homestake. MMC sold its stake in Homestake in 1998 and its stake in Ashton in 2000.
Reinventing Ourselves
Since the onset of the new millennium, MMC has been undergoing a process of transformation. The Company has divested virtually all of its mining interests with less than one percent of its revenue coming from this sector. Today, MMC is focused on achieving its vision of becoming a premier Utilities and Infrastructure group.
24 December 2020
Northport (Malaysia) Bhd became the first port in Malaysia to receive ISO 37001:2016 Anti-Bribery Management System certification from SIRIM QAS International Sdn Bhd.
10 November 2020
Johor Port Berhad provided Marine services for the first liquified natural gas bunkering operations in Malaysia.
21 October 2020
Gas Malaysia signed MoU with ML GAS (CAMBODGE) Co., Ltd. on investment opportunities in the oil, gas and power sector as well as other related property development in the Kingdom of Cambodia.
8 September 2020
MMC Pembetungan Langat Sdn Bhd celebrated its achievement of 12 Million Manhours Without Lost Time Injury, one of the largest accomplishments on record in any sewerage project in Malaysia to date.
2 September 2020
MMC Engineering signed the Consortium Agreement with P-Excell Management Sdn Bhd (Terengganu State company) for the East Coast Rail Line project.
1 June 2020
Pelabuhan Tanjung Pelepas Sdn Bhd (PTP) welcomed four units of its latest Ultra Large Container Vessel Shore to Shore quay cranes at the port. The procurement of the Super Post Panamax cranes was part of PTP’s Asset Management Strategy aimed at improving the efficiency of the terminal, by increasing container handling capacity, capability and reliability whilst meeting its safety standards. With 55.5 metre height and 1,900 tonnes weight, each of the crane has a lifting capacity of 65 tonnes and is capable of handling containers over 24-rows across ultra large container vessels.
30 May 2020
Pelabuhan Tanjung Pelepas Sdn Bhd announced the successful first phase of Go-Live for the integrated Enterprise Resource Planning system.
1 February 2020
Penang Port Sdn Bhd launched the upgrading project of Swettenham Pier Cruise Terminal (SPCT) together with Penang Port Commission at the SPCT Waving Gallery, George Town. Once completed, SPCT will be able to accommodate 12,000 passengers as compared to 8,000 passengers currently.