“Why Not?” “为什么不可以”

The story of Pan-United exemplifies our “why not?” tenacity in driving long-term goals and growth over more than 60 years of business.

The Youtiao Entrepreneur

Ng was forced to grow up overnight during the war.
Ng’s first taste of entrepreneurship was in hawking youtiao.
Founder Ng Kar Cheong

Founder Ng Kar Cheong’s first taste of entrepreneurship was in hawking youtiao* as a 10-year-old child in war-torn Singapore.

It was 1944. Ng’s father could not find work. The eldest of eight children, Ng used his wits to hawk youtiao on the streets, reselling the snack at 3 cents a stick. It was good money. He did well, replenishing bundles of 50 sticks at a time. The enterprising child was happy that he could help feed the family.

Born into poverty in Fujian, China, Ng’s parents and grandmother had made the long voyage to Singapore in search of a better life. Instead, he had to grow up quickly in the turmoil of the newly-independent Singapore in the 1950s.

*油條, yu char kuey, fried dough strips or the Chinese equivalent of churros

The industrious and resilient young man shrewdly ferreted opportunities, borrowing money from his mother-in-law to buy a lorry. This was to supply sacks of cement to construction sites.

But grandma had other ideas. The wise matriarch made him sell off the vehicle. She borrowed $3,000 to help seed a shipchandling business in 1958, upon which the foundation of Pan-United was built. Singapore was then on the cusp of revival as an entrepot hub. More ships were coming into port. His shipchandling business boomed in the 1960s.

Over the next six decades, Ng Kar Cheong’s pioneering spirit of tenacity, perseverance and trustworthiness continues strong in Pan-United. The strategic focus on excellent customer service remains unrelenting.

Milestones

June 12, 2024 2:35 pm
2024

June 12, 2024 2:05 pm
2023

Photo credit: PSA Singapore

  • Pan-United becomes Singapore’s largest supplier of CO2 mineralised concrete for Tuas Port. This is a special type of low-carbon concrete that uses carbon capture and utilisation (CCU) technology to permanently trap waste industrial CO2 emissions in concrete, effectively turning Tuas Port into a man-made carbon sink. Using CO2 mineralised concrete to build Tuas Port will prevent 113.8 million kg of CO2 from entering the atmosphere — equal to planting 1.9 million trees or removing 24,500 cars.
March 9, 2022 5:33 pm
2022

Artist's impression of Aqua City Photo credits: Novaland

February 24, 2021 5:28 pm
2020

2020 (1)

2020

February 24, 2021 5:03 pm
2019

panunited_history_Milestones2019

panunited_history_2019

  • Pan-United designs and produces a 3D-printed concrete bench using NEWSand, a material created from repurposed municipal solid waste slag, in collaboration with Singapore’s National Environment Agency.
February 24, 2021 4:49 pm
2018

2018

    • Pan-United subsidiary, Meridian Maplestar, integrates upstream into the production of cementitious (recycled) materials with a new ground granulated blast furnace slag grinding plant in Johor, Malaysia.
    • Xinghua Port Group is demerged and listed on the Hong Kong Stock Exchange.

panunited_h2018-PanU x CarbonCure signing

February 24, 2021 4:43 pm
2017
February 24, 2021 4:38 pm
February 24, 2021 4:35 pm
2015
  • Pan-United Concrete expands into Malaysia with its first concrete batching plant in Johor, Malaysia. Group revenues cross the S$800-million mark.
February 24, 2021 4:30 pm
2014

panunited_history_Milestones2014-Command Centre

February 24, 2021 4:24 pm
2012

panunited_history_Milestones2012-Innovation Centre

  • The state-of-the-art Innovation Centre opens to spearhead industry leadership in concrete innovation through cutting-edge R&D.
February 24, 2021 4:22 pm
2011
  • Pan-United Concrete expands to Ho Chi Minh City, Vietnam on the back of the strong Pan-United brand of consistent quality and reliable service.
February 24, 2021 4:20 pm
2008

panun2008-Xinghua 10th anniversary CXP album 2.6

  • Singapore’s Minister Mentor, Lee Kuan Yew, visits Changshu Xinghua Port to celebrate its 10th Anniversary.
February 24, 2021 4:19 pm
2004
  • Pan-United Shipyard is demerged and listed as Pan-United Marine Ltd. The shipyard is later acquired by Dubai Drydocks World LLC and delisted in 2007.

     

  • United Cement becomes a wholly-owned subsidiary of Pan-United.
February 24, 2021 4:18 pm
1999

1996-enter Concrete business

  • Pan-United enters the ready-mix concrete business in Singapore.
February 24, 2021 4:15 pm
1996

panunited_history_Milestones1996-PanU Port 1

  • Phase 1 of the deepwater port in (Changshu, Jiangsu Province, China) begins operations despite the Asian Financial Crisis.
February 24, 2021 4:11 pm
1994
  • Xinghua Port Group finds an opportunity to acquire a waterfront site in Changshu, Jiangsu Province, China, to develop a greenfield port.
February 24, 2021 4:09 pm
1993

1993-SGX

  • Pan-United Corporation Ltd is listed on the main board of the Singapore Stock Exchange. Founder Ng Kar Cheong retires from the Group.
February 24, 2021 4:07 pm
1990
  • Pan-United enters the aggregate business through quarrying at Karimun Island in Indonesia’s Riau Province.

     

  • United Cement Pte Ltd is formed in a 50:50 joint venture with Kedah Cement Bhd. This is a vertical integration with the upstream aggregate business.
February 24, 2021 3:42 pm
1984
  • Pan-United expands into ship repair and shipbuilding services from a new medium-sized shipyard in Tuas.
February 24, 2021 3:41 pm
1982
  • After the demise of one of the four Hiap Soon shareholders, the others part ways. Mr Ng takes full ownership of Pan-United Shipping.
February 24, 2021 3:33 pm
1974

panunited_history_Milestones1974

  • Mr Ng seizes the opportunity to provide tug-and-barge business to transport Indonesian logs to Singapore. Pan-United Shipping Pte Ltd is created as a subsidiary of Hiap Soon to operate the vessels.
February 24, 2021 3:30 pm
1965
  • Singapore attains independence. With opportunities abounding in the growing nation, Hiap Soon extends its services to the construction industry.
February 24, 1958 3:11 pm
1958
  • Mr Ng Kar Cheong sets up shipchandler Hiap Soon & Company with three other partners, to service ships calling at Singapore port.