History

1968

• Johor State Economic Development Corporation (JSEDC) was established by the state government under the 4th Enactment 1968.

1970

• JSEDC start its operation on 1 August 1970

1971

• JSEDC was given the mandate by the Johor State Government to manage 1,580.72, hectares of Tebrau Oil Palm Estate.

1972

• Obtained approval from the Johor State Government to carry out tin mining activity on a 12,950.08 hectares of land in Kota Tinggi.
• 3.52 hectares land located in the middle of Johor Bahru city was awarded by the Johor State Government to JSEDC to construct a Shopping complex named Tun Abdul Razak Complex (KOMTAR).
• Opening of industrial areas at Pasir Gudang, Tanjong Agas in Muar and Tongkang Pecah in Batu Pahat.

1975

• Purchase of Kulim (Malaysia) Berhad’s shares, an oil palm and rubber plantations company. The company was listed in the Stock London Exchange under Kulim Group Limited. This was the starting point for JSEDC to be involved in agro-business sector with an initial equity holding of 8.72%.

1977

• Restructuring of Sindora Berhad resulting, with JSEDC owning 65% equity, the biggest shareholding in Sindora Berhad.
• JSEDC was appointed administrator of Pasir Gudang as Pasir Gudang Local Authority under section 150, Township Board Enactment, No 118.

1988

• JSEDC acquired Kemajuan Intisari Sdn Bhd and later changed its name to Kumpulan Perubatan (Johor) Sdn Bhd.

1991

• JSEDC became involved in aluminum ingot manufacturing activities through a joint-venture subsidiary, Johor Aluminum Processing Sdn. Bhd.
• JSEDC was appointed master franchiser for The Medicine Shoppe International Inc. in Malaysia, Singapore and Brunei
• The construction of Masjid An-Nur K OTARAYA, Johor Bahru was completed.

1992

• JSEDC successfully launched Amanah Saham Johor.
• JSEDC introduced BAKTILADANG Worker Housing – a free housing scheme to estate worker.

1993

• JSEDC was announced the winner of the 1993 Public Service Innovation Award for the innovation of the use of coupon at the rubbish disposal area, Pasir Gudang and the 1993 Public and Private Innovation Award for the innovation of BADANG or mechanical buffalo.
• Pasir Gudang Local Authority was announced winner for the 1993 Public Services Special Award in the Financial Management Category.
• Johor Skills Development Centre (PUSPATRI) in Pasir Gudang, a wholly owned subsidiary of JSEDC was set up to cater the training needs of highly-skilled workers in the field of production technology.

1994

• Pasir Gudang Industrial Estate won the coveted national Real Estate Federation (FIABCI) Malaysian Chapters Industrial Development Award 1994.
• JSEDC through KPJSB established the first nursing college, Puteri Nursing College heralding the nation’s call to solve the problem of inadequate supply of nurses.
• JSEDC opening of Selesa Hotel located in Pasir Gudang was officiated by Y AB Dato’ Seri Anwar Ibrahim, Deputy Prime Minister of Malaysia.

• The listing of Kumpulan Perubatan Johor Sdn Bhd’s subsidiary, KPJ Healthcare Berhad, a wholly owned subsidiary of JSEDC on KLSE Main Board.

1995

• JSEDC changed its name to JCorp.
• The first Medaniaga BISTARI - the culmination of the Tunas Bistari programme, where Tunas Bistari students were given opportunities to showcase their entrepreneurial skills.
• Dana Johor was launched by Y AB Dato’ Seri Dr Mahathir Mohamad, Prime Minister of Malaysia.
• The Achipelago Fund’, a joint venture project with Jupiter International of London, was listed in the Luxembourg Stock Exchange..
• The first Pasir Gudang International K ite Festival was held in Pasir Gudang.

1996

• JCorp sponsored ‘Jejak Rasul 2’ TV programme aired on TV3 throughtout the fasting month.
• The official opening of the Ampang Puteri Specialist Hospital by Y AB Dato’ Seri Anwar Ibrahim, Deputy Prime Minister of Malaysia.
• The official launching of ‘Membujur Lalu’ written by Y B Dato’ Sri Muhammad Ali Hashim, Chief Executive of JCorp.
• The official opening of the Rumah Sakit Selasih in Padang, Sumatera and the opening of Padang Industrial Park, West Sumatera, jointly launched by Bapak Hassan Basri Durin and Y AB Dato’ Abdul Ghani Othman, JCorp’s Chairman.
• JCorp through Kulim (Malaysia) Berhad acquired 90 percent stake in New Britain Palm Oil Limited (NBPOL), the biggest plantation company in Papua New Guinea.
• Johor Land Berhad, a subsidiary of JCorp was listed on the K LSE main board.

1997

• Pasir Gudang Local Authority received the ISO 9002 certification, making it the first Local Authority to receive such recognition from SIRIM.
• The administration of Johor Football Association (JFA) was awarded to JCorp by the State Government.
• Tan Sri Dato’ Hj Hassan Yunus Stadium in Larkin, Johor Bahru became one of the venues for the IX World Youth Football Championship.
• Johor Franchise Development Sdn Bhd signed an agreement with Duraclean Inc (USA) to establish Duraclean franchise outlets in Malaysia, Singapore, Indonesia and Brunei.
• The signing of the Joint-Venture Agreement between Johor Capital Holdings Sdn Bhd and Albarakah Islamic Investment Bank of Bahrain. With the signing, the Asian Islamic Equity Fund was launched and managed by Albarakah-PJB Pacific Investment Company.
• Ground breaking ceremony of Perdana Specialist Hospital, Kota Bahru officiated by YAB Tuan Guru Dato’ Nik Aziz bin Nik Mat.

1998

• The opening of the first Klinik Waqaf An-Nur to the public located at Level 3, Plaza KOTARAYA.

2000

• The agreement signing ceremony for purchase of majority stake in Medicare Specialist Centre between Kumpulan Perubatan Johor Sdn Bhd and DBS Land Group of Singapore
• Puan Hajjah Siti Sa’diah Sh Bakir, Chief Executive, Healthcare Division was conferred the ‘Pingat Darjah Paduka Mahkota Johor Yang Amat Mulia Pangkat Dua (DPMJ) which carries the title ‘Datin Paduka’.

• YB Dato’ Muhammad Ali Hashim, Chief Executive of JCorp was awarded the ‘Pingat Darjah Kebesaran Panglima Setia Mahkota (PSM) which carries the title ‘Tan Sri’.
• Waqaf An-Nur Clinic with the co-operation of RTM organized ‘Forum Perdana Hal Ehwal Islam’ at Dataran Bandaraya, Johor Bahru.

2001

• The Corporate Philosophy was launched, - ‘A Community of Enterprises!’.

2002

• Corporate Restructuring Master Plan (CRMP) was approved with the conversion of JCorp’s existing debt amounting to RM3.38 billion into long term Islamic financial instruments.

2003

• Signing of Memorandum between Johor State Government and JCorp Group to revive the prices of Amanah Saham Johor and Dana Johor through the Price Support Scheme.
• JCorp through KPJ Healthcare Berhad entered into a management agreement with the United Group Dhaka, Bangladesh to commission, provide healthcare technical expertise and manage the Continental in Dhaka, Bangladesh.

2004

• 8 out of 10 hospitals under the KPJ Healthcare Berhad Group continued to be certified with MS ISO 9001:2000
• Development of a convention centre known as the Persada Johor International Convention Centre.

2005

• Acquisition of 36.7% QSR shares by Kulim
• Undertaking of Corporate Waqaf by JCorp, involving the transfer of 75% equity in Tiram Travel Sdn Bhd
• Acquisition of 2 entrepreneur companies by Sindora, namely EPASA Shipping Sdn Bhd and MM V itaoils Sdn Bhd.
• Launching of Al-Aqar KPJ REIT by KPJ Healthcare Berhad.
• Transfer of JMF Asset Management Sdn Bhd by Sindora to Amanah Raya Berhad.
• Disposal of oil palm plantation in Sumatera by Kulim for USD 60 million.
• Opening of Seremban Specialist Hospital by KPJ Healthcare Berhad.
• Increase of fatty acid annual production to 380,000 tonne by Natoleo, making Natoleo one of the largest oleochemical plants in the world.

2006

• JCorp through Kulim (Malaysia) Berhad successfully took over majority shareholding in QSR Brands berhad with 51.88 percent equity ownership.
• JCorp through Kulim (Malaysia) Berhad ventured into bio-diesel field, a joint-venture with Cremer Gruppe to produce 100,000 metric tons per annum of bio-diesel in Tanjung Langsat.
• The first waqaf hospital - ‘Waqaf An-Nur Hospital’ was officially opened to the public by DYAM Tunku Mahkota Johor.
• The launching and listing of the Al-’Aqar KPJ REIT, the first Islamic Healthcare REIT in the world.
• Launching of Corporate Waqaf which involved the transfer of 12.35 million unit shares owned by JCorp in Kulim (Malaysia) Berhad, 18.60 million unit shares in KPJ Healthcare Bhd and 4.32 million unit shares in Johor Land Bhd to Kumpulan Waqaf An-Nur Bhd as trustee.
• YAB Dato’ Seri Abdullah Ahmad Badawi officiated at the Proclamation of the Tanjung Langsat Industrial Complex as a designated Bio-Fuel Park.

2007

• Second listing of New Britain Palm Oil (subsidiary of Kulim) at the London Stock Exchange.
• Purchase of majority shareholding in Sindora by Kulim from JCorp.
• Acquisition of Taiping Medical Centre by KPJ Healthcare Berhad.
• Setting up of KPJ International College of Nursing and Health Sciences branch campus at Metropolis Tower, Johor Bahru by KPJ Healthcare Berhad.
• JCorp managed to implement its 1st Serial Bond Redemption under its Corporate Restructuring Master Plan (CRMP) on 31 July 2007 valued at RM393.8 million.
• JCorp received 4-star rating for Financial Management ccountability Index for the first time from the National Audit Department.

2008

• Implementation of Final Price Support Scheme for Amanah Saham Johor and termination of Amanah Saham Johor. Continuation of the Fifth Price Support Scheme for Dana Johor.
• New establishment of Pasir Gudang Local Authority status to Pasir Gudang Municipal Council.
• Lease of 80 acres of land for an amount of RM87.12 million between Tanjung Langsat Port and Asiaflex Products Sdn Bhd (Technip), Kiswire Neptune Sdn Bhd and Johor Shipyard and Engineering Sdn Bhd (JSE).
• Signing if Islamic Securities Agreement (Sukuk) between Tanjung Langsat Port and MIDF Amanah Investment Bank Berhad for issuance of RM250 million Sukuk Musyarakah Bond and RM135 million Musyarakah Commercial Papers/Musyarakah Commercial Notes Programme.
• The construction of 4 new cargo berths which are 3 additional liquid cargo berths and a specialized dry cargo berth with a total cost of RM480 million.
• Handling of the first vessel loading 2,817 cubic metres of Palm Fatty Acid Distillates from Langsat Bulkers Storage Tank.
• Unincorporated Joint Venture agreement between Damansara Asset Sdn Bhd and Majlis Perbandaran Pasir Gudang to construct Aqabah Tower. The cost of construction is RM11 million.
• The construction of JCorp’s new office in Bandar Dato’ Onn with RM28 million cost of construction.

2009

• JCorp managed to implement its 2nd Serial Bonds Redemption under Corporate Structuring Masterplan on 31 Julai 2009 that is the Guarenteed Islamic Redeemable Bonds (Bai’ Bithaman Ajil) valued RM653,530,785 and Redeemable Secured Certificates (Bai’ Bithaman Ajil) valued RM18,983,000.
• A Session With Media at Room 402, Persada Johor. Briefing delivered by Y Bhg Tan Sri Dato’ Muhammad Ali Hashim, President & Chief Executive of JCorp.
• JCorp managed to maintain its 4-star rating for the second time, for Financial Management Accountability Index 2008 with the percentage of 94.4%.
• Serial talks, Business Jihad Lectures Series entitled “Management Lessons From Ottoman Leadership” was delivered by Y Bhg Dr. Mustafa Ozel, Lecturer at Fatih University, Istanbul, Turkey at Bunga Room, Level 3, Seri Pacific Hotel, Kuala Lumpur. The lecture series were organized by JCorp in collaboration with Corporate Bureau, Malaysian Islamic Chamber of Commerce (DPIM).
• The Launching of Briged Waqaf was held on 9 August 2009 at Astaka Bukit Layang-Layang, Pasir Gudang. The ceremony was officiated by Y Bhg Tan Sri Dato’ Muhammad Ali Hashim, President & Chief Executive of JCorp cum Chaiman of Jawatankuasa Induk Briged Waqaf.
• Kulim (Malaysia) Berhad had won the award for “Best First Time Report & Commendation For Strategy And Governance” at the ceremony of Anugerah Laporan Kemapanan Malaysia (ACCA) MaSRA 2009 at Hilton Hotel, Kuala Lumpur. Kulim (Malaysia) Berhad was represented by Tn. Hj. Zulkifli Ibrahim, Chief Operation Officer of Kulim (Malaysia) Berhad, and the award was delivered by Y B Datuk Wira Chor Chee Heung, Deputy Finance Minister.
• JCorp’s Briged Waqaf Elite Team through National Security Council departed to Padang, Sumatera, Indonesia with a TUDM aircraft from TUDM Subang airport, Selangor to help the victims of the earthquake in that area. 10 recruits of Elite Team was led by Tn. Hj. Mohd Hizam Abdul Rauf, Company Chief of Ali Abu Talib. The aid channeled being the canned Chicken Curry (Ayamas product) as much as 14 tonnes and 250 cartons of mineral water.
• The Akad Ceremony for Pharmaceutical ITEM(S) Contribution by Chemical Company of Malaysia Berhad (CCM) To Waqaf An-Nur Corporation Berhad (WANCorp) for Chains of K linik Waqaf An-Nur (KWAN) nationwide was held at KPJ Ampang Puteri Specialist Hospital, Ampang, Selangor.
• JCorp Briefing Session to Ahli Mesyuarat Kerajaan Negeri Johor, Ahli Dewan Undangan Negeri Johor and Ketua-ketua Jabatan Negeri Johor was held on 4 December 2009 at Tanjung Puteri Hall (306), Persada Johor. The briefing had been delivered by YBhg Tan Sri Dato’ Muhammad Ali Hashim, President & Chief Executive of JCorp.
• JCorp in collaboration with Islamic Development Department of Malaysia (JAKIM) produced a 13-serie reality television program which was adapted from CATUR BISTARI game developed by JCorp named CATUR BISTARI d’TV. The program was aired on RTM 1 beginning 21 February 2010 to 9 May 2010.
• Kulim (M) Bhd had received recognition and awarded Global CSR Summit Awards 2009 for Gold For Best Environmental Excellence category held at Raffles Hotel Singapore

2010

• Appointment of Kamaruzzaman bin Abu Kassim as the third President & Chief Executive effective 1 December 2010.
• Opening of KPJ Tawakkal Specialist Hospital’s new building in Kuala Lumpur.
• JCorp received two Adfiap 2011 Awards from the Association of Development Financing Institutions in Asia & the Pacific (ADFIAP) for its development projects and initiatives - Best Annual Report 2009 and Winner of the Corporate Social Responsibility Category which highlights 2 CSR activities - Waqaf Brigade and Waqaf An Nur Hospital & Waqaf An Nur Clinics
• Kulim (Malaysia) Berhad recognised as the winner of the Best Sustainability Reporting Award and Commendation for Reporting on Strategy and Governance di ACCA Malaysia Sustainability Reporting Awards (MaSRA) 2010.
• JCorp retained 4-star rating for the third consecutive years for Financial Management Accountability Index 2010.