History & Milestone

1990

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In October 1990, Tan Sri 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.

1991

In June 1991, NV Multi Corporation acquired Nirvana Memorial Park Sdn Bhd.

1997

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In November 1997, we commenced operations of Nirvana Memorial Park, Kota Kinabalu, Sabah, Malaysia.

1999

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In September 1999, we began providing funeral services in Malaysia.

2000

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In January 2000, 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).

2001

In April 2001, we commenced operations of Nirvana Memorial Park, Kulai Johor, Malaysia.

2003

In July 2003, 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.

2004

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In September 2004, 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

2005

In the third quarter of 2005, we commenced operations of our Nirvana Memorial Center funeral home at Johor Bahru. Johor, Malaysia.

2007

In September 2007, we commenced operations of Nirvana Memorial Park, Shah Alam, Selangor, Malaysia.

2008

In September 2008, we commenced operations of Nirvana Memorial Park Tiram, Johor, Malaysia.

2009

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In January 2009, we commenced our columbarium business in Singapore now known as the “Nirvana Columbarium”.

2010

In December 2010, NV Multi Corporation was privatise by NV Multi Asia.

2012

In July 2012, 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.

2013 - 2014

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In December 2014, Nirvana Asia Ltd was listed on the Hong Kong Stock Exchange.

2015 - 2016

Nirvana Memorial Park (Medan) was established in 2015. This has been the second keystone project in Indonesia by Nirvana Asia, Asia’s largest bereavement care provider, following the inroads into Jakarta.
In Oct 2016, 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.