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Micro-Mechanics (Holdings) Ltd. Completes IPO

On 25 June 2003, the Group completed an Initial Public Offering on the Singapore Exchange (SGX-Sesdaq), offering 22 million new shares at S$0.23 each.

On the first day of trading, Micro-Mechanics shares closed at S$0.415 representing a premium of over 80% on our issue price.

"For nearly 20 years, we have worked to build a solid foundation for growth. Our successful IPO represents a new beginning from which we aim to bring the company to the next level." Chris Borch - Chief Executive Officer and Founder of Micro-Mechanics.

On 22 July 2008, the listing and quotation of Micro-Mechanics shares were upgraded to the Mainboard of the Singapore Exchange (SGX-ST).

IPO

Low Ming Wah, President and Chief Operating Officer, and Chris Borch, Chief Executive Officer and Founder, signal the start of trading of Micro-Mechanics shares on the SGX-Sesdaq on 25 June 2003.