Borneo Company Limited

From Wikipedia, the free encyclopedia
Jump to: navigation, search

Borneo Company Limited, formed in 1856, is one of the oldest companies based in East Malaysia (Sarawak and Sabah).

The company, of 25 Mincing Lane, was registered in London in June 1856 with a capital of £60,000. Its directors were Robert Henderson (of R.& J.Henderson, Glasgow merchants), John Charles Templer (friend of James Brooke), James Dyce Nicol, John Smith, Francis Richardson, and John Harvey (the latter two of MacEwan & Co. in Singapore). Its first manager in Sarawak was a Dane, Ludvig Verner Helms, who had been trading there on his own account since 1852. Initially, the company was given rights in return for royalties to the Sarawak treasury to "take over and work Mines, Ores, Veins or Seams of all descriptions of Minerals in the Island of Borneo, and to barter or sell the produce of such workings". The commercial hub of the company was, however, in Singapore, and businesses were soon also opened in Thailand, and then Indonesia and Hong Kong.[1]

The Borneo Company offices in Kuching were on the spot near the Tua Pek Kong temple now occupied by the Hilton hotel. The manager's house, 'Aneberg', was on the hill above.

After the formation of Malaysia in 1963, the company name was changed to SEBOR Holdings (Sarawak) Sendirian Berhad and SEBOR Holdings (Sabah) Sendirian Berhad in the 1970s, and both were taken over by Hong Kong-based company, Integrated Distribution Services (IDS) Group Limited in 2007.[2]

The company distributes consumer goods, and the brands they distribute include:

It is one of the oldest companies still having branches in East Malaysia (besides than Harrisons Tradings (Sabah) Sdn.Bhd and Harrisons Tradings (Sarawak) Sdn.Bhd).

References[edit]

  1. ^ Longhurst, H. (1956) The Borneo Story: The First Hundred Years of the Borneo Company Limited
  2. ^ IDS Group Acquires Two Distribution Operations in East Malaysia