| 1990 |
To
tap the growth of the telecommunications sector worldwide, KESU
incorporated KESCOMS to develop, manufacture and market communications
equipment. |
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|
 |
|
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|
| 1991 |
The
representative office of Kestronics (HK) in Taiwan was upgraded to a
branch office. |
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|
|
|
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|
| 1992 |
The
Group expanded into the semiconductor testing business when it set up a
51 per cent, owned joint venture in Singapore with Rood Testhouse, one
of Europe’s largest semiconductor testing service companies.
Rood Testhouse is listed on the Amsterdam Stock Exchange. The joint
venture company, KRT, commenced operations in April 1993 as the first
independent test laboratory in Singapore. |
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|
|
|
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|
| 1993 |
The
Group undertook a restructuring exercise in preparation for the
flotation of Sunright in Singapore and the flotation of KESMI in
Malaysia. |
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|
| |
With
the sale of KESCOMS in August 1993, the Group ceased its involvement in
the communications business, which is a non-core activity, to
streamline its range of business activities. |
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|
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|
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|
| 1994 |
On
October 1994, Sunright was listed on the Stock Exchange of Singapore
Limited. |
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|
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KESM
was listed on the Second Board of the KLSE. |
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|
|
|
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|
| 1995 |
Sunright
entered into a joint venture agreement with KESMI and Rood Testhouse
International, N.V. (“RTI”) to set up semiconductor
testing plant in Malaysia on July 11 – KESM Rood Technology
(Malaysia) Sdn Bhd. |
| |
|
| |
Kestronics
(S) had established a representative office in Philippines to serve the
growing customer base for semiconductor, OEM & computers
network sector on 1 August. |
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|
|
|
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|
| 1997 |
Sunright
set up a wholly-owned subsidiary company in Manila, Philippines, known
as Kestronics Philippines, Inc. on 19 March to provide the wholesale
and distribution of high-tech electronics equipment & materials. |
| |
|
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Sunright
established a wholly-owned subsidiary company in Hong Kong –
KES Systems & Service (Hong Kong) Limited on 14 April mainly
engaged in burn-in services. |
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|
| |
KESU
won the first award given by PRISM, a division of the semiconductor
product group of Motorola. |
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|
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KESU
established a branch office in Korea to provide technical support
& service to KESU’s customers in Korea on 19 April. |
| |
|
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KES
(93) set up a representative office in Philippines to serve the growing
semiconductor market on 14 August. |
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|
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Sunright
had terminated its Taiwan joint venture agreement with Rood Testhouse
International, N.V. and increase its stake in testing business on 25
August. |
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|
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Sunright
had established a wholly-owned subsidiary company in Shanghai, China,
known as Kestronics (Electronics Shanghai Pudong New Area) Co. Ltd. and
mainly engaged in electronics distribution business on 8 December. |
| |
|
|
|
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|
| 1998 |
Sunright
acquired shares in KES Rood Technology Pte Ltd from RTI. |
| |
|
|
|
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|
| 1999 |
Sunright
acquired shares in KESM Rood Technology (Malaysia) Sdn Bhd &
KES Rood Technology Taiwan Ltd from RTI. |
