Our Corporate History
CSR is one of the leading producers of quality sugar products in Malaysia. CSR commenced operations in 1965 at its refinery in Shah Alam, Selangor under the name of UMSSI which was led by a group of Taiwanese investors in partnership with local major controlling Malaysian stakeholders, who collectively held over 55% of the shareholding.
In 1968, UMSSI was acquired by Malayan United Industries Berhad (MUI) in a corporate takeover and renamed Central Sugars Berhad (CSB). CSB was subsequently listed on the Kuala Lumpur Stock Exchange with a paid-up share capital of RM30 million.
As domestic and export market demand for high quality sugar continued to grow, a new associated private company Gula Padang Terap Sdn Bhd (GPT) was incorporated in March 1973 based in Kedah and then was converted to a public company in 1976.
In 1983, Perbadanan Nasional Berhad (PNB) delisted CSB from the Kuala Lumpur Stock Exchange in a corporate manoeuvre. Subsequent to the delisting, CSR was incorporated to take over CSB assets. The holding company is Tradewinds (M) Berhad.
Meanwhile, our GPT operations continued to grow. By 1991, the refinery had enhanced it cane crushing capacity to 4,500 metric tonnes/day and raw sugar mingling to 550 metric tonnes/day. GPT was reconverted to a private company in 2004 as part of a corporate realignment exercise.
CSR has a strong and proud heritage, spanning more than 50 years. Seen as a leading sugar producer and supplier, its iconic CSR brand holds a prominent market position in Malaysia and is trusted for its quality and dependable service.
Today, CSR has an authorised capital of RM50 million with a paid-up capital of RM33 million.