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  • Memtech is a leading component solutions provider for the mobile phone, IT equipment and automotive industries. Besides being a total solutions provider for mechanical components including keypads, lens and plastic components, we also design and manufacture antennas and touch screen panels. Our wide product range and scope of services enable us to provide modular solutions and value-added services to our customers.
  • We operate three keypad manufacturing facilities strategically located in the major mobile phone manufacturing hubs in the PRC, namely the Pearl River Delta and the Yangtze River Delta. We also operate a plastic components production facility in Kunshan, which manufactures casings primarily for digital cameras, automotive components and mobile phones. Memtech also operates a lens manufacturing facility in Dongguan and a joint venture with a Shenzhen-based design house to engage in the antenna business.
  • Memtech operates a touch screen panel facilities in Nantong PRC.
  • Besides a wide network of sales offices across the PRC, we also have a global network of sales offices in Korea, Japan, Singapore, Taiwan, America and Europe to better service our international customers.
  • Memtech’s customers include major international mobile phone manufacturers including Motorola, Nokia, Sony Ericsson, Samsung, LG, Foxconn, Flextronics, TCL Alcatel and HTC, as well as reputable China brands such as Lenovo, Hwawei and ZTE.

  • [All] [2009] [2008] [2007] [2006] [2005] [2004] [2003] [2002] [2001]

  • 2009

  • August 2009
  • Memtech International Ltd. had entered into a Share Transfer Agreement and a Share Purchase Agreement with Teradisplay Co., Ltd. (“Teradisplay”) and Mr. Kim Seong Soo respectively, in relation to the Company’s investment in Teradisplay, a company incorporated in South Korea, and Tera China Co., Ltd. (“Tera China”), a company incorporated in Nantong, People’s Republic of China.
  • The current principal activities of Teradisplay and Tera China are that of manufacturing and sale of Touch Screen Panels.
  • Currently, the Company owns 20.1% and 20% (effective interest 36.1%) of the issued share capital of Teradisplay and Tera China respectively.
  • Tera China is an 80% owned subsidiary of Teradisplay.
  • Pursuant to the Share Transfer Agreement, the Company shall acquire US$2.4 million paid up capital of Tera China owned by Teradisplay, in exchange for 77,500 ordinary shares of Teradisplay owned by the Company.
  • Pursuant to the Share Purchase Agreement with founder of Teradisplay, Mr. Kim Seong Soo, the Company shall acquire 34,800 ordinary shares of Teradisplay for a consideration of KRW 40 million or approximately US$31,300.
  • Upon completion of the aforesaid Share Transfer Agreement and Share Purchase Agreement, the Company shall own 11.3% and 100% of the issued share capital of Teradisplay and Tera China respectively.
  • In the event that all preference shares held by preference shareholders of Teradisplay are converted into ordinary shares, the Company’s interest in Teradisplay will be diluted to 8.9%.
  • The net tangible assets acquired and goodwill arising from the acquisition of Tera China are approximately US$1.7 million and US$420,000 respectively.
  • The Company intends to expand the touch screen panels business after taking control of Tera China.
  • January 2009
  • Memtech International Ltd diluted the interests in its associate companies Teradisplay Co., Ltd and Tera China Co., Ltd.
  • The Company’s direct interest in its associate company Teradisplay Co., Ltd (“Teradisplay”), was diluted from 25.9% to 20.1% due to conversion of existing preference shares to ordinary shares as well as issuance of additional ordinary shares to a new investor (the “Dilution”).
  • Consequent to the Dilution, the Company’s indirect interest in Tera China Co., Ltd (“Tera China”) reduced from 40.7% to 36.1%.
  • Currently, there are 45,622 convertible preference shares of Teradisplay outstanding, which if fully converted would further dilute the Company’s direct interest in Teradisplay and indirect interest in Tera China to 16.5% and 33.2%, respectively.

  • 2008

  • February 2008
  • Memtech International Ltd. entered into a Shareholders Agreement (Agreement) with with Mr. Kim Seong Soo, Koch, Samjun ATS and Teradisplay Co., Ltd (Teradisplay Korea) in relation to the Companys investment in Teradisplay Co., Ltd, a company incorporated in South Korea.
  • Pursuant to the Agreement, the Company shall invest in Teradisplay Korea by subscribing for 77,500 ordinary shares at an aggregate issue price of US$5 million to be paid in cash. Upon completion of the aforesaid subscription of shares, the Company shall own 26.9% of the issued share capital of Teradisplay Korea. In the event that all preference shares held by preference shareholders are converted into ordinary shares, the Companys interest in Teradisplay Korea will be diluted to 17.1%.
  • The current principal activities of Teradisplay Korea are that of manufacturing and sale of Touch Screen Panels. The US$5 million capital injection into Teradisplay Korea is earmarked for its China expansion plan. Teradisplay Korea intends to incorporate a subsidiary in Nantong (Teradisplay Nantong), the Peoples Republic of China. Pursuant to the Agreement, the Company has the option to take a 20% direct investment in Teradisplay Nantong.
  • Teradisplay Nantong will be Teradisplay Koreas manufacturing base in China and will manufacture both resistive and capacitive touch screen panels mainly for the mobile phone industry. The Company will assist Teradisplay Nantong to develop its manufacturing base and establish its sales network in China.
  • February 2008
  • Incorporation of new wholly owned subsidiary, Memtech Technologies Pte. Ltd. in Singapore.

  • 2007

  • December 2007
  • Group revenue increased by US$16.0 million or 13.3% from US$107.7 million in FY2006 to US$122.0 million in FY2007.
  • September 2007
  • Taitech Singapore Pte. Ltd. (TTS) increased its investment in Taitech Precision Electronic (Kunshan) Co., Ltd (MTKS) by us$5.4 million.
  • September 2007
  • Taitech Singapore Pte. Ltd. (TTS) has increased its issued and paid up capital from us$4.6 million to us$10.56 million.
  • Memtech International Ltd. subscribed additional 5.16 million ordinary shares of us$1 each. The minority shareholder, Mr. Wu Kuo-Tsai has subscribed an additional 800,000 ordinary shares of us$1 each. Memtech International Ltds interest in TTS increased from 60% to 75%.
  • August 2007
  • Memtech International Ltd. entered into an Investment Agreement (Agreement) with VLU Corporation Limited (VLU), a company incorporated in South Korea and Dr. Jae-Min Kim (Dr. Kim) in relation to investment in VLU.
  • Memtech International Limited shall invest in VLU by subscribing 3,333 ordinary shares with par value of KRW5,000 each at KRW281,160 each. Total contribution shall be KRW937,106,280 (approximately us$1 million). Upon completion of the aforesaid subscription of shares, Memtech International Ltd. shall own 25% of the issued share capital of VLU.
  • VLU is a startup company incorporated in October 2006 with principal activities of manufacturing and sale of rheocasting magnesium alloy products. Dr. Kim, a major shareholder of VLU has invented a new rheocasting magnesium alloy technology that will improve the production efficiency and composite of magnesium alloy casted products as compared to the current thixoforming technology.
  • July 2007
  • Memtech International Ltd. invested in Sentehon Co., Ltd. (Sentehon), a company incorporated in Soma, by subscribing 441,000 ordinary shares of us$1 Each at par in Sentehon. Upon completion of the aforesaid subscription of shares, Memtech International Ltd will own 49% of the issued share capital of Sentehon. The principal activities of Sentehon are research, design and trading of electro light induction components.
  • January 2007
  • Dongguan Memtech Lens Technologies Co., Ltd, has increased its registered capital from us$3,500,000 to us$4,000,000. The capital increase is to meet capital expenditure and working capital requirements.

  • 2006

  • December 2006
  • Group revenue increased by us$32.8 million or 43.8% from us$74.9 million in FY2005 to us$107.7 million in FY2006.
  • October 2006
  • Mr Yap Chin Kuan, executive director of Memtech International Ltd., (Company)and General Manager of Dongguan Memtech Electronic Products Co., Ltd (MTD) was appointed as Chief Operating Officer of the Group. Following Mr Yaps new appointment, he will relinquish his role as General Manager of MTD and remain as a director of the Company. Mr Heng Ngee Boon, existing Deputy General Manager of MTD assumed the role of General Manager of MTD.
  • August 2006
  • Memtech International Ltd. has incorporated a wholly-owned subsidiary, Nantong Memtech Technologies Co., Ltd in Nantong, Jiangsu Province, Peoples Republic of China with registered capital is us$10 million. The principal activities of Nantong Memtech Technologies Co., Ltd are research, manufacturing and sale of high precision mould and electronic products. Nantong Memtech Technologies Co., Ltd will acquire a piece of land with an area of approximately 70 acres for future development.
  • August 2006
  • Memtech International Ltd. entered into a Joint Venture Agreement (Agreement) with Celestin Technologies Limited and Mr Wong Kin Ping in relation to the establishment of a joint venture company, Raytech Co., Ltd (Raytech) in Hong Kong.
  • Under the Agreement, the Company will subscribe for 5,325,000 ordinary shares of HK$1 each at par in Raytech. Upon completion of the aforesaid subscription of shares, Memtech International Ltd. will own 35.5% of the issued capital of Raytech Co., Ltd. Raytech will in turn acquire 100% of the issued share capital of Celestin Integrated Micro-System (Shenzhen) Co., Ltd (Celestin Shenzhen), a company incorporated in Shenzhen, the Peoples Republic of China. The principal activities of Celestin Shenzhen are research, design and trading of wireless and Bluetooth antenna for the mobile phone industry. Memtech International Ltd. will assist Celestin Shenzhen to develop its manufacturing base and establish its sales network in China.
  • The investment s part of our corporate strategy to expand our product offerings that will complement our core business. Celestin Shenzhen was established in late 2004 with a team of micor-wave scientists led by Dr. Huang Yong. Prior to setting up Celestin Shenzhen, Dr. Huang was the Deputy Director of the Antenna Division of Research Institute of Navigation Technology in Xian, Shannxi Province, China and was involved in several national projects. Celestin Shenzhen will focus its efforts in Research and Development of Bluetooth technologies and leverage on the Companys established sales network to promote its products.

  • 2005

  • December 2005
  • Group revenue increased by us$16.3 million or 27.8% from us$58.6 million in FY2004 to us$74.9 million in FY2005.
  • November 2005
  • Dongguan Memtech Lens Technologies Co., Ltd, has increased its registered capital from us$2,000,000 to us$3,500,000. The capital increase is to meet capital expenditure and working capital requirements.
  • November 2005
  • Dongguan Memtech Precision Tools & Products Co., Ltd, has increased its registered capital from us$2,280,000 to us$3,780,000. The capital increase is to meet capital expenditure and working capital requirements.
  • September 2005
  • Dongguan Memtech Electronic Products Co., Ltd, has increased its registered capital from us$6,680,000 to us$10,000,000. The capital increase is to meet capital expenditure and working capital requirements.
  • July 2005
  • Nantong Memtech Electronic Industries Co., Ltd, has increased its registered capital from us$6,180,000 to us$9,180,000. The capital increase is to meet capital expenditure and working capital requirements.
  • June 2005
  • Huzhou Memtech Electronic Industries Co., Ltd, has increased its registered capital from us$3,000,000 to us$6,000,000. The capital increase is to meet capital expenditure and working capital requirements.
  • May 2005
  • Memtech International Ltd. had acquired 500,000 ordinary shares of NT10.00 each representing 100% of the issued and paid up capital of Memtech Technology Holdings Co, Ltd, a company incorporated in Taiwan, for a consideration of us$186,382, on a willing-buyer willing-seller basis. Memtech Technology Holdings Co, Ltd is in the business of selling and distributing keypads in Taiwan and is our agent for Taiwan market.
  • May 2005
  • Dongguan Memtech Precision Tools & Products Co., Ltd, has increased its registered capital from us$1,390,000 to us$2,280,000.
  • May 2005
  • Dongguan Memtech Electronic Products Co., Ltd, has increased its registered capital from us$3,680,000 to us$6,680,000.
  • May 2005
  • Dongguan Memtech Lens Technologies Co., Ltd, has increased its registered capital from us$600,000 to us$2,000,000.
  • February 2005
  • Mr Chang Chih Ching resigned as Director of Memtech International Ltd. In replacement, Mr Teow Joo Hwa has been appointed as Director of Memtech International Ltd.
  • January 2005
  • Huzhou Memtech Electronic Industries Co., Ltd has increased its registered capital from us$2,000,000 to us$3,000,000.
  • January 2005
  • Nantong Memtech Electronic Industries Co., Ltd has increased its registered from us$3,380,000 to us$6,180,000.

  • 2004

  • December 2004
  • Group revenue increased by us$19.3 million or 49.1% from us$39.3 million in FY2003 to us$58.6 million in FY2004.
  • December 2004
  • Taitech Singapore Pte. Ltd. incorporated Taitech Precision (Kunshan) Co., Ltd, a subsidiary company located in Kunshan, Suzhou, China, with an registered capital of us$4.6 million increased its issued and paid up capital to us$1 million. Taitech Precision (Kushan) Co., Ltds principal activities include production of tools and plastic components.
  • November 2004
  • A new wholly-owned subsidiary, Taitech Singapore Pte. Ltd. was incorporated in Singapore. Following the incorporation with us$2 share capital, Memtech International Ltd. subscribed for additional 2,759,998 new shars of us$1.00 each at par for cash and Mr. Wu Kuo-Tsai who has more than 20 years of experience in the spray painting industry owns several companies that service the high end notebook market subscribed 1,840,000 shares of us$1.00 each at par. Following the completion of the subscriptions, Memtech International Ltd. owned 60% of the entire issued share capital of Taitech Singapore Ltd and Mr. Wu will own the remaining 40%. The principal activity of Taitech Singapore Pte Ltd is that of investment holdings.
  • July 2004
  • Memtech International Ltd. was listed on the Mainboard of Singapore Exchange Securities Trading Limited.
  • 120,000,000 new shares comprising 6,000,000 offer shares and 114,000,000 placement shares were issued and allotted. All shares rank pari passu in all respects with the existing issued shares.
  • 120 million new shares were issued at S$0.55 per share. Net proceeds from the issue of new shares amounted to S$62.9 million.
  • July 2004
  • The convertible loan signed in December 2003 between Memtech International Ltd., formally known as Memtech International Pte. Ltd. and OCBC Capital Investment I Pte. Ltd., formally known as OCBC eVenture Fund I Pte. Ltd. was converted into 33,330,000 new ordinary shares of Memtech International Ltd.
  • June 2004
  • Memtech International Pte. Ltd. was converted to a public limited company and changed its name to Memtech International Ltd.
  • May 2004
  • Huzhou Memtech Electronic Industries Co., Ltd has increased its registered capital from us$1,200,000 to us$2,000,000.
  • April 2004
  • We have established a new subsidiary, Dongguan Memtech Lens Technologies Co., Ltd, with a registered capital of us$600,000. The principle activities of Memtech Lens Technologies Co., Ltd. relates to manufacturing and sale of glass and acrylic lenses for mobile phones.
  • March 2004
  • We have established a new subsidiary, Huzhou Memtech Electronic Industries Co., Ltd., with a registered capital of us$1,200,000 to service new customers located in Suzhou and Hangzhou.
  • December 2004
  • Huzhou Memtech Electronic Industries Co., Ltd obtained ISO9001 certification.
  • February 2004
  • Nantong Memtech Electronic Industries Co., Ltd has increased its registered from us$2,280,000 to us$3,380,000.

  • 2003

  • December 2003
  • Group revenue increased by us$27.2 million or 224.8% from us$12.1 million in FY2002 to us$39.3 million in FY2003.
  • December 2003
  • Memtech International Pte. Ltd. entered into a convertible loan agreement with OCBC Capital Investment I Pte. Ltd., formally known as OCBC eVenture Fund I Pte. Ltd. Pursuant to this agreement, Memtech International Pte. Ltd. was granted a loan drawdown of us$2.5 million, which bears interest at 2% above us$SIBOR for a term of 36 months from 7 January 2004 or from 7 January 2004 to the date of the listing of the shares of the Company on a recognized stock exchange, whichever is the earlier. The loan is secured by personal guarantees of certain Directors of Memtech International Pte. Ltd.
  • November 2003
  • Memtech International Pte. Ltd. was incorporated in Singapore under the Companies Act as a private limited company. Following a Restructuring Exercise, Memtech International Pte. Ltd. became the holding company of Memtech Products Co., Ltd, Dongguan Memtech Products Co., Ltd, Dongguan Memtech Precision Tools and Products Co., Ltd and Nantong Memtech Electronic Industries Co., Ltd.
  • October 2003
  • In order to meet expected increase in demand for our products, we have embarked on an expansion plan to increase our production capacity. In October 2003, Dongguan Memtech Electronic Products Co., Ltd leased another factory space of approximately 13,000 sq m in October 2003.
  • July 2003
  • Dongguan Memtech Precision Tools & Products Co., Ltd has increased its registered from us$880,000 to us$1,390,000.
  • May 2003
  • In order to meet expected increase in demand for our products, we have embarked on an expansion plan to increase our production capacity. In May 2003, Nantong Memtech Electronic Industries Co., Ltd entered into an agreement to acquire an adjacent plot of land in Nantong of approximately 14,000 sq m.
  • March 2003
  • Nantong Memtech Electronic Industries Co., Ltd increased its registered capital from us$1,680,000 to us$2,280,000.
  • March 2003
  • In order to service our customers and further penetrate the markets surrounding the Yangtze River Delta, Memtech ElectronIc Products Co., Ltd acquired Nantong Memtech Electronic Industries Co., Ltd, a company incorporated on 25 December 2000 which had a turnover of approximately us$1.0 million for FY2002. Nantong Memtech Electronic Industries Co., Ltd is located in Nantong, Jiangsu, China.
  • January 2003
  • Dongguan Memtech Electronic Products Co., Ltd increased its registered capital from us$1,280,000 to us$2,000,000.

  • 2002

  • December 2002
  • Group revenue in FY2002 was us$12.1 million.
  • August 2002
  • Dongguan Memtech Electronic Products Co., Ltd was awarded the ISO9001 and QS9000 certifiactions. August 2002 To tap on the vast experience and business expertise of Mr Chuang Wen Fu, he was invited to join us as our Executive Chairman.
  • April 2002
  • Acknowledging the importance of a comprehensive tooling service for our business, Memtech ElectronIc Products Co., Ltd acquired Dongguan Memtech Precision Tools & Products Co., Ltd. Dongguan Memtech Precision Tools & Products Co., Ltd was incorporated on 25 October 2000, located at Dongguan, Guangdong, China and had a turnover of approximately us$0.6 million for FY2001.
  • January 2002
  • Memtech Electronic Products Co., Ltd acquired Dongguan Memtech Electronic Products Co., Ltd, a company incorporated in Dongguan, Guangdong, China. Dongguan Memtech Electronic Products Co., Ltd was incorporated in July 2000 and was engaged in the manufacture and sale of mobile phone keypads. Its turnover was approximately us$2.6 million for FY2001.

  • 2001

  • June 2001
  • Messrs Yap Chin Kuan, Ma Teng Ming and Chang Chih Ching acquired Memtech Electronic Products Co., Ltd, a company incorporated in Hong Kong as an investment holding company.

  • ISO9001: 2000 QS9000 QS9000 ISO9001: 2000
    Certificate ISO9001: 2000 QS9000 QS9000
    QS9000    
    ISO9001: 2000 QS9000    

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