IMC Pan Asia Alliance Group

IMC Pan Asia Alliance Group, headquartered in Singapore with significant operations across China, Indonesia, and Thailand, functions as a purpose-led profit family business spanning shipping, industrial investments, and well-being initiatives. The organization integrates its commercial divisions, which include a shipping fleet of 21 tankers and five bulk carriers as of 2019, with non-profit units like OCTAVE Institute, No.17 Foundation, and Restore Nature Foundation. Employing over 8,000 people, IMC Pan Asia Alliance Group aims to foster an integrated business ecosystem focused on human well-being and wealth creation. Under the stewardship of fourth-generation Chairman Chavalit Frederick Tsao, the company has positioned itself as a "well-being economy" business, recently rebranding to Tsao Pao Chee Group Pte Ltd in April 2024 to reflect its historical roots. The modern IMC entity was established in 1966 by founder Frank Tsao.