History
1972
- Rotary Electrical was founded as a partnership, with Chia Kim Piow as the Managing Director. The company catered to oil refineries and petrochemical plants in Singapore.
1975
- Rotary Electrical was privatized, enabling the company to bid for more substantial projects.
1980
- Rotary Engineering was incorporated into a private limited company, catering to further expansion plans.
1983
- Rotary Engineering acquired Rotary Electrical in an amalgamation exercise.
- Rotary's core business activities extended to include civil, structural, mechanical equipment installation and piping works. Thereby, developing itself as a full service turnkey engineering and contracting company.
1993
- Rotary Engineering was listed on the Stock Exchange of Singapore, forming Rotary Engineering Limited.
- The company was relocated to Tuas, consolidating all technical and service departments.
1995
- Rotary Engineering Limited achieved ISO 9001 certification.
- Electrical, mechanical and civil divisions were incorporated as subsidiaries.
1996
- S$100 million turnover was achieved.
- Regionalisation efforts extended to Indonesia and India.
2000
- A single contract of S$100 million was awarded to Rotary Engineering Limited from Oiltanking Singapore for its Chem 1 & 2 and Phase IV expansion.
2001
- Rotary Integrated Maintenance Centre on Jurong Island fully operational.
- Japan and China representative offices set up to increase regional reach.
- Rotary Pharma Pte Ltd was formed to target the pharmaceutical and biotechnology industry in Singapore.
2002
- Rotary Engineering (Qatar) W.L.L. was formed to better target projects in the Middle East.
2003
- Establishment of a wholly foreign-owned enterprise (WFOE) in China - Rotary Engineering Shanghai Co. Ltd
2004
- Thai Rotary Engineering Ltd achieved ISO 9000-2000 certification and ASME "U", "S" and "R" stamp accreditations. Rotary MEC (M) Sdn Bhd achieved ISO 9001 certification.
- Rotary Engineering Shanghai Co. Ltd achieved 2nd Class Construction Licence for EPC projects.
2005
- Rotary Engineering awarded yet another contract from Oiltanking Singapore for the Phase 6 expansion project. The Group's associate company, TRC Construction Public Co. Ltd ("TRC"), received approval for listing in the Stock Exchange of Thailand. TRC shares was officially traded on December 22.
2006
- Award of the Group's largest contract worth S$535 million for the EPC of Universal Terminal in Jurong Island.
- Awarded Top 2 Most Transparent Company at SIAS Investors Choice Awards 2006
- Formation of two JVCOs in Saudi Arabia - Rotary Arabia Co. Ltd and Petro Steel Co. Ltd.
- Launch of the S$200 million Multi-Currency Medium Term Notes ("MTN") programme.
2007
- Awarded Most Transparent Company at SIAS Investors Choice Awards 2007
- Launch of innovative Global Work Force ("GWF") scheme with the opening of an Overseas Training and Test Centre ("OTTC") in collaboration with Dalian Jiaotong University in China.
2008
- Awarded Enterprise of the Year 2007 at Singapore Business Awards 2008
- Awarded Top 2 Most Transparent Company at SIAS Investors Choice Awards 2008
- Embarks on Rotary Globalisation Program
- Formation of JV Co iPromar comprising four Singapore firms, namely Rotary Engineering, Heatec Jietong, Jason Electronics and Pamarine
2009
- Awarded Group's largest EPC contract of USD750million for SATORP JERP package 6
- CEO of the Year 2008 at Singapore Corporate Awards 2009
- Awarded Top 2 Most Transparent Company at SIAS Investors Choice Awards 2009
2010
- Formation of JV Co iMaster between iPromar and Masterscan
- Signed MOU with TVTC to establish training Institute in Saudi Arabia
- Awarded Top 2 Most Transparent Company at SIAS Investors Choice Awards 2010
2011
- Businessman of the Year 2010 at Singapore Business Awards 2011
- Awarded Most Transparent Company at SIAS Investors Choice Awards 2011