1998
Concord Energy Established in Singapore.
Today, Concord Energy Group is a multi-billion dollar organization that is constantly developing new aspects of its business as it evolves into an integrated, asset-based energy company.
September
2007
Acquired two floor memberships in DME and two class B shares in DME Floorco Limited
2008
• Acquired 100% equity interest in Petrocoal Pte Ltd and Lightmax Marine Ltd
• Acquired 16% equity interest in Oil Quest Holdings Limited
November
2009
Obtained land to build a 1.2 million m3 oil storage terminal in Fujairah, UAE
December
2009
Acquired 25% equity interest in PT Tauruna Bina Sarana (Indonesian Storage Terminal)
2011
Signed binding agreement with a co‐ strategic investor to acquire a Malaysian Downstream Business
2012
Signed Joint Venture agreement with Sinopec for the Fujairah Oil Terminal
2013
Entered into a JV agreement with Cool Planet US to roll out its biofuels technology in Asia Pacific
2015
Commissioning of Fujairah Oil Terminal
2019
Milarepa Hngs. signed an agreement to acquire 100% shareholding in Concord Energy Group