HISTORY
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The Beginning
The plantation and contracting businesses of TH Group were first started by the Managing Director, Mr. Lei Lin Thai and Director, Mr. Wong Ah Kow. The companies, which the Group acquired, established its presence in Sabah over twenty years ago.
It all
began in 1970 when Mr. Lei and Mr. Wong formed a pioneering
partnership in Lahad Datu. This cooperation became Sykt Tung
Hup Sdn Bhd in 1973 and by 1980, became the main timber contractor
for the Sabah Foundation. The company grew rapidly under the
prudent management of Mr. Lei and Mr. Wong. In 1985 and 1989
respectively, Tung Hup (Contracting) Sdn Bhd and Tracpower
Sdn Bhd were formed to spearhead the timber extraction operations
in the Sandakan and Tawau region.
Recognising
the importance of having an evenly spread income base, the
management ventured into the cultivation of cocoa in the early
1980s and the oil palm industry in 1989. Effective strategizing
and planning saw the management diversified into the plantation
development of oil palm and a small area for cocoa.
The management had also ventured into civil and infrastructure
construction in the 1990s to capitalise on the business
opportunities in Sabah.
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