Thursday, 02 May 2024

Background & History

December 1960 - In December 1960, tour operators, Stephen Kang and Josephine Kho, set up an inbound tour company, Mayflower Tours.
 
March 1963 - In March 1963, Tan Chong & Sons Motor Sdn Bhd established Acme Hire and Drive Cars and pioneered hire and drive services in Malaysia.
 
27 December 1969 - Acme Hire and Drive Cars expanded to include tours and travel, it was incorporated as a private limited company on 27 December 1969,resulting in the birth of Acme Tours and Services Sdn Bhd.
 
1972 - In 1972, in a meeting between Kang and the late founding chairman of Tan Chong & Sons Motor, Tan Sri Dato’ Tan Yuet Foh, a possible merger between Mayflower Tours and Acme Tours and Travel Services was discussed.
 
20 July 1973 - On 20 July 1973, Mayflower Acme Tours Sdn Bhd became a legal entity. By the late seventies, the company expanded its range of travel services to include handling of air ticket reservations. Eventually, corporate travel and outbound tours were also introduced into its stable of services.
 
1999 - Following the reorganization of Tan Chong Motor Holdings in 1999, Warisan TC Holdings Bhd (WTCH), a company listed in the main board of Bursa Malaysia, was established to take over the former’s non-motor businesses, which among others, include Mayflower Acme Tours. As a consequence to the reorganization exercise, Mayflower became a wholly-owned subsidiary of WTCH and has a paid-up capital of RM2.4 million and an authorized capital of RM3 million.
 
August 2000 - In August 2000, WTCH entered into a joint venture (JV) with American   Express to form Mayflower American Express Travel Services focusing on corporate travel. The JV Company started operations in 2001 and became a success registering double digits growth year-on-year for the next six consecutive years and secured the top agent position in Malaysia for the same period. Recognizing the success of the JV business model, American Express today adopted it as a benchmark for other new JV set up in China and the Philippines.
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