Business Overview

Micro-Mechanics is a leading Next Generation Supplier of high precision tools and parts for process-critical applications in the wafer fabrication and assembly processes of the semiconductor industry. The Group delivers an integrated suite of solutions across the value-chain, from the design and manufacturing of a range of industry-leading consumable tools and parts for the assembly and testing of semiconductors, to the contract manufacturing of precision parts and tools used in process-critical applications for the semiconductor wafer-fabrication industry.

Beginning in 1983 with a founding capital of S$1200, one employee, and a small factory in Singapore, the Group has grown steadily to become a publicly listed corporation with a global presence. Today, Micro-Mechanics serves a worldwide base of customers from five manufacturing facilities located in Singapore, Malaysia, China, the Philippines and the USA, and a direct sales presence in Taiwan, Indonesia, Thailand, Japan, and Europe.

The Group's strategy is to relentlessly pursue product and operational improvements while providing fast, effective and local support to its customers worldwide. This is anchored by the Group's 'Five-Star Factory' initiative, as well as the Group's continued commitment to financial discipline and strong governance to deliver sustainable long-term stakeholder returns.

Since listing on the Singapore Exchange in June 2003, Micro-Mechanics has received over 30 awards in recognition of its high standards of corporate governance, quality of disclosure, transparency and investor relations. The Group has also been recognised in the Forbes Asia Best Under A Billion list in 2006 and 2022.

Mission Statement

Micro-Mechanics' mission is to provide its customers with "Perfect Parts and Tools, On Time, Every Time", based on scalable, repeatable, cost-effective and data-driven processes.

Vision Statement

We strive to “Pursue Excellence in Everything We Do”

Micro-Mechanics exists to solve its customers' most critical needs. Thus, the Group strives to be a problem-solving company built on high-performance teams that are committed to delivering their personal best. With this commitment, Micro-Mechanics seeks to delight customers with 'Five-Star' solutions that support industry advancement while progressing the 'Science of Machining'.

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. At the opening bell, Chris Borch, founder and CEO said: "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." On the first day of trading, Micro-Mechanics shares closed at S$0.415, representing a premium of over 80% on its issue price.

On 22 July 2008, Micro-Mechanics was upgraded to the Mainboard of the Singapore Exchange (SGX-ST).

Micro-Mechanics is traded on the Mainboard of the Singapore Exchange (5DD.SI).