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OYLI expands aggressively in China. |
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| OYLM receives ISO 9001 Certification from SIRIM as a recognition for stringent procedures in R&D and manufacturing processes. |
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| OYLM expands to a larger factory facility in Sungai Buloh, Malaysia. |
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| Daikin Industries Ltd , Japan acquires OYLI, and all its subsidiaries including AAF, McQuay and J&E Hall . This is followed by restructuring of OYL Group where OYLI is liquidated and OYLM becomes the holding company for Asia. |
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| OYLM organises the opening ceremony of new factory in Sungai Buloh, Malaysia. OYLM receives ISO 14001 Certification from British Standard International (BSI) as recognition of effective environment management system.
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| McQuay International becomes part of Daikin Applied Business Division in Japan.
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