HomeSG Stock B49.SI

2017

NOV
New product launch, JA89-1000.

OCT
New product launch, NC1-260.

JULY
New product launch, NC1-200.

MAY
New product launch, NC1-160.

MARCH
New product launch, NC1-110.

2016

OCTOBER
New product launch, JH24-200.

JULY
New product launch, JS39-1600.

APRIL
New product launch, DS1-160.

2015

DECEMBER
Amalgamation of PRC subsidiaries, WHMT, WCNC and WPMM amalgamated into WPM (China).

JUNE
New product launch, JX36-1000.

JANUARY
New product launch, J31-1250.

2014

JUNE
New product launch, JSG36-1000.

JANUARY
New product launch, JS36-250.

2013

DECEMBER
Divestment of SSP.

APRIL
Increased investment in wholly-owned subsidiary, WHMT, WPMP & WCNC.

New product launch, JX36-630.

MARCH
Company's wholly-owned subsidiary, WHMT, accredited as High/New Technology Enterprise.

FEBRUARY
Increased investment in wholly-owned subsidiary, WHMT.

JANUARY
WHMT spin-o of assets and liabilities of parts casting segment.

Incorporation of new wholly-owned subsidiary - World Precise Machinery Parts (Jiangsu) Co., Ltd. ("WPMP") to take over part casting segment from WHMT.

2012

DECEMBER
WPMS completing Phase 1 of its plant.

SEPTEMBER
Increased investment in wholly-owned subsidiary, WPMS.

JULY
Increased investment in wholly-owned subsidiary, WHMT.

FEBRUARY
Company's wholly-owned subsidiary, WCNC, accredited as High/New Technology Enterprise.

2011

DECEMBER
Increased investment in 60% owned subsidiary, SSP.

NOVEMBER
Company's wholly-owned subsidiary, WPM (China), re-accredited as High/New Technology Enterprise.

OCTOBER
Change of subsidiaries name - BWHM to World Heavy Machine Tools (China) Co., Ltd. ("WHMT") and BWCNC to World CNC Machine Tool (Jiangsu) Co. Ltd. ("WCNC").

MAY
Company's wholly-owned subsidiary, WPMS, acquired a land use right over an industrial land located at Xi He Jiu Bei Jie situated within the Shenyang Economic and Technological Zone (沈阳经济技术开发区细河九北街) with total land area of 364,922.74 sqm for a total consideration of RMB 123.3 million.

APRIL
Proposed change of name from BWPM to World Precision Machinery Limited ("WPM") to better align the Company's name with the Group's brand of stamping machines marketed under the "WORLD" brand. This is to provide a clear identity for the Company and better reect the Company's corporate prole going forward.

2010

OCTOBER
Incorporation of new wholly-owned subsidiary - World Precise Machinery (Shenyang) Co., Ltd. ("WPMS") to strategically increase our activities in the proximity area and increase sales contributions from the region.

2009

MAY
Incorporation of new wholly-owned subsidiary - World Precise Machinery Marketing Company ("WPMM") to act as a sales platform for the Group (i.e. to manage all marketing and sales activities of the Group).

MARCH
Incorporation of new wholly-owned subsidiary - Bright World CNC Machine Tool (Jiangsu) Co., Ltd. ("BWCNC") for the development, manufacture and sale of CNC-based technology products.

2008

China Holdings Acquisition Corp. proposed acquisition of the Group.

2007

AUGUST
Joint venture and incorporation of new 60% owned subsidiary - Shanghai Shangduan Press Co., Ltd. ("SSP") for the manufacture, sale as well as research and development of high-tonnage stamping machines.

MARCH
Incorporation of new wholly-owned subsidiary - Bright World Heavy Machine Tools (China) Co., Ltd. ("BWHM") to further our foray into the high-performance and high-tonnage stamping machines.

2006

APRIL
Listing of Bright World Precision Machinery Limited ("BWPM") on SGX-ST Mainboard.

Expanded production area by a further 100,000 sqm.

2005

JUNE
Expanded production area of approximately 130,000 sqm.

FEBRUARY
Acquisition of WPM (China).

2004

MAY
Incorporation of new wholly-owned subsidiary - World Precise Machinery (China) Co., Ltd. ("WPM (China)") and acquisition of relevant business from JWMT.

2003

OCTOBER
Obtained ISO 9001:2000 accreditation from China United Certication Center.

2002

AUGUST
Expanded production area to approximately 36,800 sqm.

2000

AUGUST
Expanded production area to approximately 14,700 sqm.

1999

MARCH
Jiangsu World Machine Tool Co., Ltd. ("JWMT") acquired the stamping machine manufacturing business from Jiangsu Danyang Stamping Machine Factory.

Established production area of approximately 6,600 sqm.