Aik Swee Tong has been instrumental in developing the strategic direction of our Group bringing with him approximately 30 years of experience in the abovementioned industries in Malaysia.
Our history can be traced back to August 1989 with the establishment of DET, a sole proprietorship under the name of Aik Swee Tong.
DET’s business activities were mainly in the trading of PCE and Measurement Instruments to end users in the Malaysian palm oil and oleochemicals industry. We initially sourced our supplies from local importers.
As our sales volume gradually increased over the years, in 1992 we began sourcing our products directly from foreign manufacturers in Taiwan, Japan, People’s Republic of China, United Kingdom, United States and Germany. DET’s business operations were carried out from rented office premises in Jalan Kuchai Lama, Kuala Lumpur.
In 1993, Dancomech (M) Sdn Bhd was incorporated to take over the existing business of DET, with Aik Swee Tong, Aik Cwo Shing, Wong Chiau Siew, Aik Hui Luan, Aik Ai Kok, Aik Seng Kah and Lim Cheng Huat as the shareholders.
Dancomech (M) Sdn Bhd’s business activity remained the same as DET. Dancomech (M) Sdn Bhd operated its business in a warehouse cum office premises in Medan Maju Jaya, Petaling Jaya in 1993. DET ceased operations in the same year.
In 1999, Aik Cwo Shing and Dancomech (M) Sdn Bhd incorporated Dancord Engineering Sdn Bhd with a 70% and 30% equity interest respectively to supply PCE and Measurement Instruments mainly to the oleochemicals industry, palm oil refineries and EPCC Contractors.
Dancord Engineering Sdn Bhd operated its business in Subang Jaya.
In 2000, Dancomech Engineering was established to take over the existing businesses of Dancomech (M) Sdn Bhd and Dancord Engineering Sdn Bhd with Aik Swee Tong, Aik Cwo Shing, Wong Chiau Siew, Aik Hui Luan, Aik Ai Kok, Aik Seng Kah, Lim Cheng Huat, Aik Kwo Liang and Chan Chop Tong @ Aik Chop Tong as shareholders.
In 2005, Lim Cheng Huat transferred his shareholding in Dancomech Engineering to Aik Hui Chyn, his spouse, who is the sister of Aik Swee Tong, Aik Cwo Shing, Aik Hui Luan, Aik Ai Kok, Aik Seng Kah, Aik Kwo Liang and Chan Chop Tong @ Aik Chop Tong.
In May 2013, Dancomech Engineering and Koo Chai Chin incorporated Dancomech JB with a 70% and 30% equity interest respectively to expand our presence in Gelang Patah, Tanjung Bin, Pasir Gudang, Tanjung Langsat, Pengerang, Nusa Jaya and Bandar Seri Iskandar in Johor Darul Takzim, Malaysia.
In September 2014 and June 2015 Dancomech JB was acquired in two separate transactions ie. acquisition of 70% equity interest in September 2014 and the remaining 30% in June 2015.
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