The Company was incorporated in Singapore on 13 July 1996 and is the investment
holding company of the Group.
In October 1981, Progen Pte Ltd was established to engage in the business of
supply and installation of air-conditioning and mechanical ventilation
systems. In 1983, it imported air-conditioning products manufactured in
Malaysia for distribution in Singapore and Brunei. In November 1985, it formed
a joint venture with Polacel BV, a company incorporated in the Netherlands, to
manufacture and sell cooling towers under the brand name 'Polacel' in Southeast
Asia.
Today, the Group participates in both public and private industrial and
commercial building tenders for the supply and installation of air-conditioning
and mechanical ventilation systems. In 1998, the Group diversified into
high-speed cleaning of recycled precision trays and storage containers in a
clean room environment.
The Group expanded its business into the region in 1993. Currently, it
operates from Singapore, Malaysia and China.
SGX source · Source update: 10/01/2024 08:45:34 AM (timezone not specified). Source text may be historical.