BHL Waterfront Sdn Bhd is a subsidiary of the Heng Lee Group. The Group’s roots in Penang stretch back to the 1930s when it was primarily involved in trading rice and sundry goods. Over the years, the Group divested itself of its merchandising business and is now engaged in property development, property management, credit financing, education and warehousing. The Group was previously a major shareholder of Ban Hin Lee Bank.
BHL Waterfront was previously known as Ban Hin Lee Oil Mill and its main activity was oil milling until the 60s when the primary business activity became warehousing. In 2010, it changed its name to BHL Waterfront and today, the company is developing the site where the old oil mill used to sit.
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