Selangor Dredging Berhad (SDB) was established in 1962 as a tin mining company, and soon became known for having the world’s largest tin dredge. It was also the first tin mining company owned entirely by Malaysians to have its own tin dredge.
But as the sun set on the industry in the 1980s and early 1990s, SDB shifted its focus into various other businesses, including leasing, diamond prospecting, steel and aluminium manufacturing and trading, among others.
At the turn of the century, SDB sold most of its businesses and consolidated its interests around property. In 2004, it launched its first property development – AmanSari – in Puchong, Selangor. Since then, it has successfully launched 12 projects – eight in Malaysia and four in Singapore.
Apart from property development, which is its core business today, SDB also has interests in leasing and hotel. It owns and manages Wisma Selangor Dredging – a prime office complex on Jalan Ampang, Kuala Lumpur and Plaza 138, which is a short distance away. It also owns and manages Hotel Maya Kuala Lumpur, an urban resort located close to the Petronas Twin Towers.