History & Milestone
3rd quarter of 2005
Dato’ Kong, and his business partner commenced the development of our first memorial park, Nirvana Memorial Park, Semenyih, in the Semenyih District, Selangor, Malaysia, through Nirvana Memorial Park Sdn Bhd.
NV Multi Corporation acquired Nirvana Memorial Park Sdn Bhd.
We commenced operations of Nirvana Memorial Park, Kota Kinabalu, Sabah, Malaysia.
We began providing funeral services in Malaysia.
We expanded into the integrated funeral service provider market in Malaysia. On August 23 2000, NV Multi Corporation was listed on Main Market of Bursa Malaysia (then the Kuala Lumpur Stock Exchange).
We commenced operations of Nirvana Memorial Park, Kulai Johor, Malaysia.
We rcommenced operations of Nirvana Memorial Park, Sibu, Sarawak, Malaysia. In August 2003, we commenced our death care services products and services business and cemetery development in Karawang, Indonesia through our 51.00% equity interest in our Indonesian operating subsidiary, PT Alam Hijau Lestari.
We commenced operations of our Nirvana Memorial Center funeral home at Sungai Besi, Malaysia and introduced our “White Ladies” funeral services packages at this funeral home in November 2004
We commenced operations of our Nirvana Memorial Center funeral home at Johor Bahru. Johor, Malaysia.
We commenced operations of Nirvana Memorial Park, Shah Alam, Selangor, Malaysia.
We commenced operations of Nirvana Memorial Park Tiram, Johor, Malaysia.
We commenced our columbarium business in Singapore now known as the “Nirvana Columbarium”.
NV Multi Corporation was privatise by NV Multi Asia.
We commenced the sale of niches and other related funeral services products at the Kek Lok Si Temple under the name of Nirvana Memorial Park, Penang, Malaysia.
We began operating Blissful-Nirvana Memorial Park, Bukit Mertajam, Penang, Malaysia, and Blissful-Nirvana Memorial Park, Sungai Petani, Kedah, Malaysia. In December 2013, we established our subsidiary, Nirvana Memorial Park Thailand, to develop a cemetery in Thailand.
Nirvana Asia successfully listed on the Stock Exchange of Hong Kong.
Nirvana Asia entered into a cooperation agreement with Huizhou Longyan, to tap into the China bereavement care service market. In July 2015, Nirvana Asia’s made its first foray into Vietnam. In September 2015We expanded into Indonesia’s third largest city, Medan.
Nirvana Asia Ltd was privatised and delisted from the HKEx. Tan Sri Kong Hon Kong, the Founder of Nirvana through his company, Rightitan Pte Ltd, and CVC Capital Partners (“CVC”) are now the two largest shareholders in the Company. CVC is a leading private equity and investment advisory firm having a network of 24 offices throughout Europe, Asia and the U.S.. CVC currently manages over US$33 billion of assets around the world. Nirvana Memorial Park (Klang) was launched in Selangor, Malaysia.orld.
We commenced the sales at Nirvana Memorial Park (Medan), Indonesia.
Nirvana Center Kuala Lumpur (NCKL), Asia’s first integrated memorial center which hosts funeral parlours, columbaria, a café lounge, a temple and event spaces, commenced operations.