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A MESSAGE FROM OUR CEO


AVI-TECH HAS BEEN IN BUSINESS FOR OVER 30 YEARS guided by our Core values of “AVI” - A dvancement through technology, v alue-added and customer-centered services and i nnovation.

THESE ARE OUR GUIDING PRINCIPLES WHICH HELP US TO EXCEL IN ALL WE DO AND HELP OUR CUSTOMERS BECOME THE BEST IN THEIR FIELD.

our CUSTOMER-CENTRIC FOCUS AND DEDICATION TO innovation and CONTINUOUS IMPROVEMENT extend to ALL ASPECTS OF OUR BUSINESses FROM TECHNOLOGICAL ADVANCEMENTS AND ENGINEERING PROCESSES TO AFTER-SALES CUSTOMER CARE. we TAKE TIME TO UNDERSTAND our customers’ needs and work with them to FULFILL their UNIQUE SPECIFICATIONS. Over the years, we HAVE FORGED STRONG AND LASTING PARTNERSHIPS WITH OUR Customers.

We are always looking for ways to increase our value proposition. We proactively seek to grow our business through mergers and acquisitions and other forms 0f strategic collaborations in complementary and synergistic areas.

THESE ARE INTRINSIC TO OUR ABILITY TO CREATE VALUE FOR OUR GROUP and all OUR STAKEHOLDERS.



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History


History


AVI-TECH THROUGH THE YEARS...

Our corporate history spans over 40 years starting as a provider of burn-in solutions. Since then, we have expanded our breadth of capabilities to include manufacturing and printed circuit board assembly (“PCBA”) services and engineering services. Today, we are one of the leading total solutions providers for burn-in, manufacturing and PCBA, and engineering services for our global customers in the semiconductor, electronics and life sciences industries. We are proud of the many milestones and achievements we have garnered over the years.


1981-1989

  • Incorporated in Singapore
  • Commenced operations with 23 personnel and three Burn-In Systems with a total area of 782 sq. m.
  • Qualified by our two largest customers, Texas Instruments Singapore and National Semiconductor Pte Ltd, as a burn-in service provider due to our fast turnaround and good engineering support

1990-1999

  • Expanded our business to include the provision of engineering services to design and build semiconductor Burn- In Systems
  • Formed strategic alliance with Motay Electronics (which was acquired by Unisys Corporation, a US company providing system integration, network engineering, project management, and technical support services)
  • Extended our capabilities to provide Tape and Reel Services to semiconductor manufacturers
  • Relocated to our own building with a total built-up area of approximately 12,000 sq. m. and equipped with advanced Burn-In Systems, many of which were designed and fabricated in-house
  • Awarded the Economic Development Board of Singapore’s Enterprise 50 No. 1 ranking in recognition of our business excellence


2000-2010

  • Expanded our services to provide distribution of third-party Burn-In and test-related equipment for use in the semiconductor testing environment and provided Test During Burn-In services
  • Started a new project with Unisys Corporation which significantly expanded our engineering services in the area of system integration of High Power Burn-In Systems
  • Entered into an agreement with another technology partner in system integration of High Power Burn-In Systems
  • Mainboard listing on the Singapore Exchange Securities Trading Limited
  • Conferred the prestigious Singapore Quality Award
  • Successfully ventured into the US for Burn-In boards business and system integration for the life sciences industry
  • Established subsidiary Avi-Tech, Inc. in the US to meet the upsurge in demand for Burn-In boards


2011-2020

  • Secured our first front-end semiconductor customer with the award of a multimillion-dollar contract for system integration of Lithography equipment
  • Attained ISO 9001:2015 (quality management systems), ISO 14001:2015 (environmental management systems) and ISO 13485:2016 (quality management systems for medical devices)
  • Diversified into the provision of services for the medical, mobile communications and aviation industries
  • Acquired new customers in the Digital Imaging Systems space
  • Recognised by RHB Bank in their 25 Jewels 2017 for good investor returns and by online media Storm’s Charger Award 2017 for strong growth prospects
  • Conferred the Singapore Corporate Awards 2019 “Best Managed Board (Bronze)” award as a recognition of upholding best practices in corporate governance and transparency and SGX RegCo Fast Track Programme, a testament to our efforts in raising corporate governance and compliance standards.
  • Named one of Top Singapore Small Cap Companies in RHB 20 Jewels 2020
  • Ventured into robotics, autonomous and avionics

2021-2023

  • Completed corporate restructuring with the adoption of Avi-Tech Holdings Limited as the listed entity and Avi-Tech Electronics Pte. Ltd. (previously Avi-Tech Electronics Limited) as its wholly-owned subsidiary to facilitate business expansion efficiencies and risk management control
  • Incorporated wholly-owned subsidiary Avi-Tech Electronics (Suzhou) Limited to better support customers and enhance market presence in China

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Our People


Our People


BOARD OF DIRECTORS

Mr Lim Eng Hong |  Chief Executive Officer and Executive Chairman

Mr Lim Eng Hong is the founder of our Group. He has more than 40 years of experience in the semiconductor industry and has been the main driving force behind the growth and business expansion of the Group. Mr Lim oversees the Group’s overall business activities and is particularly involved in the development of the strategies behind the Group’s diversification into other related business areas.

Date of last re-election as a director

  • 27 October 2022

Shares in the Company or related corporations

  • 62,112,875 shares in the Company (Direct & Deemed Interest)

Committee Memberships

  • NIL

Academic & Professional Qualifications

  • Diploma in Telecommunication Engineering, Singapore Polytechnic
  • Diploma in Management Studies, Singapore Institute of Management

Present Directorships (as at 30 June 2023)
Listed Companies (excluding the Company)

  • NIL

Others Non-Listed Companies
(excluding Subsidiaries and Associates of the Company)

  • NIL

Major Appointments (other than Directorships)

  • NIL

Past Directorships in listed companies over the last 5 years
(excluding Subsidiaries and Associates of the Company)

  • NIL

Mr Lim Tai Meng Alvin |  Chief Operating Officer and Executive Director

Mr Lim Tai Meng Alvin was appointed as Executive Director of the Company on 1 August 2018. He is also the Group's Chief Operating Officer. He joined the Group in 2002 and is responsible for overseeing the Group's operations for Burn-In Services, Manufacturing and PCBA Services and Engineering Services. Mr Lim also develops the competitive positioning and strategies of the Group and manages the sales, marketing and business development functions. Mr Lim was the Chief Operating Officer (USA Operations) from 2009 to 2011 and was responsible for strategising and promoting the Group's business in the market. Mr Lim started as a Sales Engineer with the Group, responsible for the sales and marketing team for test equipment and sockets. He was subsequently promoted to Section Manager in the Engineering Services division to manage the manufacturing of System Level Test (SLT), Hybrid System Test (HST) thermal trays and Fusion System build to meet customers’ needs, and thereafter became a Special Project Manager. With his vast experience in managing operations, Mr Lim was later promoted to oversee the Manufacturing and PCBA Services division, and Engineering Services manufacturing operations. In May 2013, Mr Lim was appointed Chief Operating Officer of the Group.

Date of last re-election as a director

  • 30 October 2023

Shares in the Company or related corporations

  • 105,000 shares in the Company (Direct Interest)

Committee Memberships

  • NIL

Academic & Professional Qualifications

  • Bachelor’s Degree in Electrical and Computer Engineering, University of Queensland, Australia
  • Graduate Diploma in Business Administration, Singapore Institute of Management

Present Directorships (as at 30 June 2023)
Listed Companies (excluding the Company)

  • NIL

Others Non-Listed Companies
(excluding Subsidiaries and Associates of the Company)

  • NIL

Major Appointments (other than Directorships)

  • NIL

Past Directorships in listed companies over the last 5 years
(excluding Subsidiaries and Associates of the Company)

  • NIL

Mr Michael Grenville Gray |  Non-Executive and Lead Independent Director

Mr Gray spent ten years in the shipping industry before training as a Chartered Accountant with Coopers & Lybrand in the United Kingdom in 1973. Prior to his retirement at the end of 2004, Mr Gray was a partner in PricewaterhouseCoopers, Singapore and before that, Territorial Senior Partner for PricewaterhouseCoopers Indochina (Vietnam, Cambodia and Laos).

Date of last re-election as a director

  • 30 October 2023

Shares in the Company or related corporations

  • 870,000 shares in the Company (Direct Interest)

Committee Memberships

  • Audit and Risk Committee (Chairman)
  • Nominating Committee
  • Remuneration Committee

Academic & Professional Qualifications

  • Bachelor of Science in Maritime Studies, Plymouth University, United Kingdom
  • Master of Arts in South East Asian Studies, National University of Singapore
  • Fellow of Institute of Chartered Accountants in England & Wales
  • Fellow of Institute of Singapore Chartered Accountants
  • Fellow of Singapore Institute of Directors
  • Fellow of Chartered Institute of Transport & Logistics

Present Directorships (as at 30 June 2023)
Listed Companies (excluding the Company)

  • FSL Trust Management Pte Ltd
  • GSH Corporation Limited

Others Non-Listed Companies
(excluding Subsidiaries and Associates of the Company)

  • NIL

Major Appointments (other than Directorships)

  • PAVE (President)

Past Directorships in listed companies over the last 5 years
(excluding Subsidiaries and Associates of the Company)

  • Ascendas Property Fund Trustee Pte Ltd
  • VinaCapital Vietnam Opportunity Fund Limited

Awards

  • Public Service Star (Bar) – B.B.M. [L] (2010}

Mr Chan Yu Meng |  Non-Executive and Independent Director

Mr Chan graduated from the University of Durham and is called to the Singapore Bar. He is currently the Head of Legal, Risk and Compliance at Golden Energy and Resources Limited, which is listed on the Mainboard of the SGX-ST. He was previously a partner in the corporate department of Lee & Lee, a law firm in Singapore. He has more than 20 years of experience in the areas of mergers and acquisitions, capital markets, corporate finance, corporate restructuring, securities law, stock exchange practice and corporate secretarial matters. He also has prior experience as a litigation counsel representing clients in both civil and criminal matters. He has also served as an independent director on several SGX-listed companies. Mr. Chan is an ordinary member of the Singapore Academy of Law and the Singapore Institute of Directors (SID).

Date of last re-election as a director

  • 27 October 2022

Shares in the Company or related corporations

  • NA

Committee Memberships

  • Audit and Risk Committee
  • Nominating Committee
  • Remuneration Committee

Academic & Professional Qualifications

  • Bachelor of Laws (LLB), Durham University
  • Diploma in Singapore Law, National University of Singapore
  • Postgraduate Practical Course in Law, Board of Legal Education, Singapore

Present Directorships (as at 30 June 2023)
Listed Companies (excluding the Company)

  • Livingstone Health Holdings Limited

Others Non-Listed Companies
(excluding Subsidiaries and Associates of the Company)

  • NIL

Major Appointments (other than Directorships)

  • Head of Legal, Risk and Compliance for Golden Energy and Resources Limited

Past Directorships in listed companies over the last 5 years
(excluding Subsidiaries and Associates of the Company)

  • Alset International Limited (f.k.a. Singapore eDevelopment Limited)
  • Citicode Ltd
 

Mr Tan Ka Huat |  Non-Executive and Independent Director

Mr Tan Ka Huat is the holder of a Diploma in Business Administration from the National University of Singapore, and a Master of Business from the University of Technology, Sydney. He began his career in 1975 as a process engineer for Texas Instrument Singapore, and subsequently worked as an operations manager from 1986 to 1990 in the semiconductor industry. In 1991, Mr Tan joined Singapore Technologies Venture as a business development director.

Thereafter, from 1992 to 1999, Mr Tan worked for Chartered Electronics Pte Ltd as its general manager, and vice president. From 2000 to 2021, Mr Tan held the position of managing director of CEI Limited. He continued to hold this position in 2022, after CEI Limited was renamed to CEI Pte. Ltd., following its delisting in 2021. Mr Tan is presently a business advisor to CEI Pte. Ltd.

Date of last re-election as a director

  • NA

Shares in the Company or related corporations

  • NA

Committee Memberships

  • NA

Academic & Professional Qualifications

  • Bachelor of Science (Physics), Nanyang University (n.k.a. Nanyang Technological University)
  • Diploma in Business Administration, National University of Singapore
  • Master of Business, University of Technology, Sydney

Present Directorships (as at 30 June 2023)
Listed Companies (excluding the Company)

  • NIL

Others Non-Listed Companies
(excluding Subsidiaries and Associates of the Company)

  • Dou Yee Enterprises (S) Pte. Ltd.

Major Appointments (other than Directorships)

  • Business advisor to CEI Pte. Ltd.

Past Directorships in listed companies over the last 5 years
(excluding Subsidiaries and Associates of the Company)

  • CEI Limited (which has since been renamed to CEI Pte. Ltd., following its delisting in 2021)
 

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EXECUTIVE MANAGEMENT

Mr Joseph Wang Nin Choon |  Chief Financial Officer

Mr Joseph Wang is our Chief Financial Officer. He oversees and manages our Group financial and accounting functions in addition to risk management.

Mr Wang has more than 23 years of finance, corporate treasury management, corporate banking, global market and investment banking experience. Over the course of his career, he has held senior roles as Chief Financial Officer, Treasurer and Vice President of SGX-listed entities and Singapore Temasek-linked companies such as Top Global, ST Engineering, PSA International and Singapore Technologies. He has strong banking experience, having held senior roles at Barclays Capital (Barclays Bank) and Deutsche Bank as their Vice President for client management.

In Mr Wang’s previous executive roles, he was responsible for finance, corporate treasury, investments, SGX-ST reporting, planning, developing and implementing business strategies across the organisation. While with the banks, he was responsible for supporting corporate clients with a wide range of financial services and products including acquisition financing, capital market financing, loan syndications, treasury and general advisory work; to assist them effectively to manage their corporate financial risks and funding requirements.

Mr Wang holds a Bachelor of Arts (Economics) degree from Simon Fraser University, British Columbia, Canada.


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Mr Lau Toon Hai |  Vice-President of Quality Assurance

Mr Lau Toon Hai is our Vice President of Quality Assurance. He joined our Group in 1994 and is responsible for setting up and maintaining a functional quality organisation and Business Excellence System for our Group. Areas falling under his duties and responsibilities include overseeing the quality assurance aspects of our entire Group and driving our Group’s Business Excellence Management System to keep alongside with current industrial and commercial standards such as Business Excellence, Responsible Business Alliance, Quality, Environmental Management System and our customers’ requirements.

Mr Lau has over 20 years of experience in the electronics engineering industry. Prior to joining our Group, he worked with companies such as Philips (S) Pte Ltd, Archive (S) Pte Ltd and Conner Peripherals (S) Pte Ltd.

Mr Lau holds a Diploma in Electronics and Communications Engineering from the Singapore Polytechnic.


Mr Desmond Ow Yang Chien Khang | Director of Operations (Services) 

Mr Desmond Ow Yang is our Director of Operations (Services). He joined our Group in 1999 and oversees the Group’s Burn-In operations. Mr Ow Yang is also responsible for the production, planning, engineering and maintenance support of the Group and is the internal auditor for ISO 9001 and ISO 14001 certifications.

Mr Ow Yang started as a Burn-In engineer with our Group and was in charge of the set-up and introduction of new products and processes in Burn-In operations to meet customers’ requirements. He was promoted to Senior Engineer and subsequently, Engineering Manager, to manage the Engineering team in providing technical solutions and support to customers. During that period, he was also responsible for Sales and Customer Services for Burn-In Services, Tape and Reel, Visual Inspection and other services, for both local and overseas customers.

Mr Ow Yang holds a Bachelor of Engineering degree (Honours) from the University of Aberdeen, United Kingdom.


Mr Allan Ngo Yu Wei | Director of Operations (Manufacturing)

Mr Allan Ngo is our Director of Operations (Manufacturing). He joined our Group in 2003 and is responsible for our Group’s operations related to Manufacturing and Printed Circuit Board Assembly Services (“PCBA”) as well as Engineering Services.

Mr Ngo was in charge of the Burn-In Board Manufacturing Services division where he was the Production Manager managing the planning, process, manufacturing and logistics operations of the department. He was promoted to Director of Operations (Manufacturing), overseeing the operational aspects of the Manufacturing and PCBA Services and Engineering Services.

Mr Ngo holds a Diploma in Electronics, Computer and Communication Engineering from Nanyang Polytechnic, Singapore, and a Bachelor of Science degree in Business from Singapore University of Social Sciences.


Mr Bambang Handoko Sutedjo | Director of Sales

Mr Bambang Handoko Sutedjo is our Director of Sales. He joined our Group in 1993 and is responsible for the sales and marketing of Burn-In Services and Manufacturing and PCBA Services, both locally and overseas. Mr Sutedjo is also in charge of the Manufacturing and PCBA Services design team.

Mr Sutedjo has more than 20 years of experience in the semiconductor industry. He was previously the Senior Manager of Sales and Marketing of our Group, responsible for the management of Burn-In Board Manufacturing-related division’s local and overseas sales. Prior to joining our Group, he was a Field Service Engineer with SETA Corporation in Charlotte, North Carolina, USA.

Mr Sutedjo holds a Bachelor of Science degree in Electrical Engineering degree from the Tennessee Technological University of Cookeville, Tennessee, USA.