Timeline Description 1978 William Cheng founded Amsteel and secured licences that enabled dominance in Malaysia long products steel market, generating strong profits used for leveraged

Timeline Description 1987 William Cheng acquired Emporium and launched the first Parkson outlet in Kuala Lumpur. The move marked Lion Group entry into retail as

Timeline Description 1924 Sungei Way Dredging Limited was established in Selangor, focusing on tin mining through dredging operations. The business generated stable cash flow but

Timeline Description 1972 Lion Group expanded into steel manufacturing in Indonesia while building a regional trading network, positioning itself to benefit from industrial policy shifts.