| Description |
The Company was incorporated in Singapore on 28 November 1995 under the name
of Magnecomp International Pte Ltd and adopted the name Magnecomp
International Limited when it was converted to a public limited company on 6
December 1997. The Company was listed on the Mainboard of the SGX on 7
January1998.
The principal activity of the Company is that of investment holding.
When it was listed in 1998, the Group comprised two operating divisions :
(1) Data Storage Component Division, which specialized in Suspension
Assemblies and related components for the hard disk drive industry and
;
(2) Office Automation and Consumer Electronics Components Division , which
specializes in key precision stamped components, sub-assemblies and commercial
tooling for both the office automation and consumer electronics industries.
In 2005, the company merged its Data Storage Division with Magnecomp Precision
Technologies Public Company Limited (“MPT”, formerly known as K.R. Precision
Public Company Limited) , a company listed on The Stock Exchange of Thailand,
specialized in the manufacture and sale of suspension assemblies.
The Office Automation and Consumer Electronics Components Division comprises
Mansfield Manufacturing Company Limited (“MSF”) and its group of Companies.
In 2007, the Company divested its interests in MPT and following the disposal
of MPT, changed its name to InnoTek Limited with effect from 22 November 2007.
Additional info from SGX:
The Company was incorporated in Singapore on 28 November 1995 under the name
of Magnecomp International Pte Ltd and adopted the name Magnecomp
International Limited when it was converted to a public limited company on 6
December 1997. The Company was listed on the Mainboard of the SGX on 7
January1998.
The principal activity of the Company is that of investment holding.
When it was listed in 1998, the Group comprised two operating divisions :
(1) Data Storage Component Division, which specialized in Suspension
Assemblies and related components for the hard disk drive industry and
;
(2) Office Automation and Consumer Electronics Components Division , which
specializes in key precision stamped components, sub-assemblies and commercial
tooling for both the office automation and consumer electronics industries.
In 2005, the company merged its Data Storage Division with Magnecomp Precision
Technologies Public Company Limited (“MPT”, formerly known as K.R. Precision
Public Company Limited) , a company listed on The Stock Exchange of Thailand,
specialized in the manufacture and sale of suspension assemblies.
The Office Automation and Consumer Electronics Components Division comprises
Mansfield Manufacturing Company Limited (“MSF”) and its group of Companies.
In 2007, the Company divested its interests in MPT and following the disposal
of MPT, changed its name to InnoTek Limited with effect from 22 November 2007.
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