YEE LEE CORPORATION BHD.
Yee Lee Corporation Bhd group (YLC) began its core business as an edible oil repacker in Malaysia in 1968. Since then it has grown into a fully integrated manufacturer and distributor. YLC group of companies are involved in various sectors such as manufacturing, marketing and distribution of fast moving consumer products, plantation and eco-tourism.
Today YLC has an established marketing and distribution network servicing both local as well as international customers. YLC products include food, bottled water, oral care, household cleaners and industrial products. It also manufactures aerosol cans for a wide range of customers.
Yee Lee Corporation Bhd group (YLC) began its core business as an edible oil repacker in Malaysia in 1968. Since then it has grown into a fully integrated manufacturer and distributor. YLC group of companies are involved in various sectors such as manufacturing, marketing and distribution of fast moving consumer products, plantation and eco-tourism.
Today YLC has an established marketing and distribution network servicing both local as well as international customers. YLC products include food, bottled water, oral care, household cleaners and industrial products. It also manufactures aerosol cans for a wide range of customers.
Yee Lee, when translated literally means Integrity before Profits. More than just a concoction of words, the philosophy of integrity before profits is our way of life. It is our conviction to exhibit integrity in dealings with customers, shareholders, partners, employees and society at large. To have integrity is to be honest, incorruptible, open and fair. We feel that such ethical values are prerequisites for achieving and maintaining long term profits.
Yee Lee’s vision is to be the leading provider of household products bringing Malaysian families a better quality of life. We achieve this by:
With our diverse portfolio of companies, we bring together expertise from a wide array of sectors. At Yee Lee, we have strategically invested in a multitude of businesses, each excelling in their respective industries. This unique approach allows us to create synergies, leverage knowledge across domains, and foster innovation on a scale that sets us apart from the rest.
Our commitment to excellence and constant pursuit of cutting-edge solutions drive our success. We believe that by encouraging collaboration and knowledge-sharing between our various ventures, we can amplify the impact of our endeavors. Whether it’s Trading, Manufacturing, Plantation, or Hospitality, our interconnected businesses work in harmony, enriching each other’s experiences, and driving collective growth.
With our diverse portfolio of companies, we bring together expertise from a wide array of sectors. At Yee Lee, we have strategically invested in a multitude of businesses, each excelling in their respective industries. This unique approach allows us to create synergies, leverage knowledge across domains, and foster innovation on a scale that sets us apart from the rest.
Our commitment to excellence and constant pursuit of cutting-edge solutions drive our success. We believe that by encouraging collaboration and knowledge-sharing between our various ventures, we can amplify the impact of our endeavors. Whether it’s Trading, Manufacturing, Plantation, or Hospitality, our interconnected businesses work in harmony, enriching each other’s experiences, and driving collective growth.
With our portfolio of businesses that is so diverse, we offer an array of career opportunities for dynamic individuals who wants to be part of our future growth! Are you ready to be part of our FUTURE?
© 2023 Yee Lee Corporation Bhd 197301000057 (13585-A).All rights reserved.
© 2023 Yee Lee Corporation Bhd 197301000057 (13585-A).All rights reserved.
Yee Lee Trading Co. Sdn Bhd was formed and started as local repacker, selling cooking oils under the brand names of Blue Diamond and Plum Flower.
Incorporation of Yee Lee Oils and Foodstuffs Industries Sdn Bhd (now known as Yee Lee Corporation Bhd).
Expanded upstream by constructing a palm oil refinery in Tasek, Ipoh. Completion of palm oil refinery in Tasek. Red Eagle (or Helang) cooking oil was launched.
Yee Lee Corporation Bhd acquired South East Asia Paper Products Sdn Bhd, a corrugated carton boxes manufacturer situated in Lahat, Perak. Yee Lee Corporation Bhd acquired Golden Voice Musical Industries Sdn Bhd (now known as Golden PET Industries Sdn Bhd) and converted the factory from manufacturing of musical instruments to manufacturing polyethylene terephthalate (“PET”) products.
Yee Lee Oils Industries Bhd (now known as Yee Lee Corporation Bhd) won the Federation of Malaysian Manufacturers’ Award for outstanding export achievement.
Yee Lee Corporation Bhd was listed on the Kuala Lumpur Stock Exchange (now known as Bursa Malaysia Securities.
Introduced the new innovative plastic PET bottle to replace tin can in packing cooking oil.
Awarded the National Industry Excellence Special Award for Innovation Products in recognition of the Red Eagle Cooking Oil product innovation. Yee Lee Corporation Bhd transferred its entire palm oil refinery business to its newly set up subsidiary, Yee Lee Edible Oils Sdn Bhd.
Acquired Desa Tea Sdn Bhd, a tea plantation situated in Ranau, Sabah with its well-known Sabah Tea brand. Acquired Sabah Tea Sdn Bhd and transformed it to tourism related service provider in 2001.
Following a group restructuring, Golden PET Industries Sdn Bhd was sold to Spritzer Bhd and in return Spritzer Bhd became the associated company of Yee Lee Corporation Bhd. Spritzer Bhd was then listed on the Kuala Lumpur Stock Exchange (now known as Bursa Malaysia Securites Berhad).
Sementra Plantations Sdn Bhd was formed and ventured into oil palm plantation. Yee Lee Corporation Bhd completed the acquisition of Canpac Sdn Bhd, a leading aerosol can Canpac Sdn Bhd, a leading aerosol can manufacturer in Rawang. Yee Lee Marketing Sdn Bhd was formed and commenced its trading operations.
Canpac Sdn Bhd expanded its business to Vietnam by setting up a new subsidiary, Canpac Vietnam Pte., Ltd. in Ho Chi Minh City.
Commencement of oil palm plantation project in Sabah. Sementra Resort Sdn Bhd was formed to develop a tourism resort in Gopeng. Yee Lee Corporation Bhd Group’s revenue hit historical high of RM1.06 billion.
Yee Lee Trading Co. Sdn Bhd entered into a strategic partnership with TASCO Berhad via a joint venture vehicle, YLTC Sdn Bhd to develop new business involving trading, warehousing and logistics.
Yee Lee celebrates its remarkable 50th Anniversary.
Yee Lee refreshens brand logo.
With the help of OCBC Bank's funding, Yee Lee Corporation successfully went privatised with Dymon Asia as the new partner.
A 45-acre industrial land was acquired in Sg Buaya to build a tin can factory and a distribution center.
Yee Lee celebrates 55th Anniversary.
CORPORATE STRUCTURE OF SUBSIDIARY COMPANIES, ASSOCIATE COMPANY AND JOINT VENTURE AS AT 30 JUNE 2023
Yee Lee Edible Oils Sdn Bhd
Yee Lee Trading Co Sdn Bhd
Mini Motors Sdn Bhd
YLTC Sdn Bhd (Joint Venture)
Sementra Resort Sdn Bhd
Yee Lee Palm Oil Industries Sdn Bhd
Sementra Plantations Sdn Bhd
Canpac Sdn Bhd
Canpac Vietnam Pte, Ltd
Intanwasa Sdn Bhd
Desa Tea Sdn Bhd
Sabah Tea Sdn Bhd
Sabah Tea Resort Sdn Bhd
YL Brands Sdn Bhd
YL Central Services Sdn Bhd
Yee Lee Marketing Sdn Bhd (Joint Venture)
Spritzer Bhd (Associate Company)