ASTI Holdings Limited

About Us

Company Profile

Listed on the Mainboard of the Singapore Exchange, ASTI Holdings Limited ( ASTI or the Group ) focuses on high-growth opportunities in the semiconductor and advanced technology sectors. It owns one of the largest Semiconductor Manufacturing Services Provider in the world. The Group provides Tape & Reel packaging services, Tape Making Services, Manpower Services and Integrated Circuit Programming Services to renowned Original Equipment Manufacturers, contract manufacturers and component distributors globally.

Our Mission

To drive sustainable growth by investing in forward-thinking businesses and empowering them with the expertise, capital, and agility to lead in the digital age.

Our Vision

To be a trusted partner and enabler of innovation, creating long-term value and advancing technology to meet the needs of tomorrow.

Corporate Information

Our Board of Directors and CFO

Audit Committee

Mr. Wan Tai Foong
Chairman

Mr. Raymond Lam Kuo Wei

Mr. Yap Alvin Tsok Sein

Nominating Committee

Mr. Yap Alvin Tsok Sein
Chairman

Mr. Wan Tai Foong

Mr. Raymond Lam Kuo Wei

Remuneration Committee

Mr. Raymond Lam Kuo Wei
Chairman

Mr. Wan Tai Foong

Mr. Yap Alvin Tsok Sein

Company Secretary

Ms. Sharon Lee

Registered Office

33 Ubi Ave 3 #06-72,
Vertex,
Singapore 408868
Tel: (65) 8687 1566

Business Office

33 Ubi Ave 3 #06-72,
Vertex,
Singapore 408868
Tel: (65) 8687 1566

Share Registrar

Boardroom Corporate & Advisory Services Pte. Ltd.
1 Harbourfront Avenue
Keppel Bay Tower #14-07
Singapore 098632
Tel: (65) 6536 5355
Fax: (65) 6536 1360

Independent Auditor

Forvis Mazars LLP (formerly known as Mazars LLP)
Public Accountants and Chartered Accountants
135 Cecil Street #10-01
Singapore 069536

Audit Partner-in-charge

Mr. Lai Keng Wei

Principal Bankers

United Overseas Bank Limited

Global Presence

Reel Service Scotland - United Kingdom

Established in 1987 in Glenrothes, Scotland, Reel Service Limited is home to the largest of the group manufacturing sites. It houses R&D efforts, tool design and manufacturing capabilities.

In Scotland Silicon Glen, a recent expansion of its tape manufacturing capabilities has furthered its commitment to the European marketplace. With its complete extensive materials manufacturing operation, AIM Scotland offers customers a complete range of tape materials capability.

Reel Service Limited also provide KLIK REELS™, a full range of cover tapes and all other sundry supplies needed for complete in-house packaging requirements.

In addition, Glenrothes provides full contract Tape & Reel, inspection and programming services. It has now expanded our Tape & Reel service into the Wafer Level Chip Scale Packaging market.

Telford Shanghai & Guangzhou - China

Telford Shanghai, Guangzhou are established to support the industries with both Tape & Reel and IC Programming Services. Tthe company is equipped with sophisticated taping machines from our affiliated company, Semiconductor Technologies & Instruments Pte Ltd ("STI") and IC programmers to meet the growing needs for such services in China.

Telford Philippines

Telford Svc. Phils. Inc. was incorporated in 2000 to provide backend semiconductor manufacturing services such as taping, de-taping as well as inspection and other related activities such as IC programming to MNCs in South Philippines.

It has established successful strong 'partnership programs' with renowned MNCs.

Reel Service Philippines

As the most advanced of the group facilities, Reel Service (Philippines), Inc. and Advanced Integrated Materials ("AIM"), established in 1997, have made impressive advances into the Philippines and Asian marketplace.

Its high-tech modern tape manufacturing facility houses advanced tape manufacturing machines, which are utilized to serve Philippines customers as well as our worldwide customer base.

AIM offers its full range of products through the Philippines facility including all of the following:

• carrier tape manufacturing
• tape materials engineering and technical support
• cover tape sales, warehousing and distribution
• KLIK REEL™ supply in static dissipative, natural, conductive and bakeable
• moisture barrier bags, desiccant, and humidity indicator cards Reel Service also provides backend manufacturing services such as taping, detaping and device inspection. It also provide IC programming service.

Telford Penang - Malaysia

Telford Service Sdn Bhd was incorporated in 1995 to provide Tape & Reel and IC Programming Services to MNCs in Penang and rest of Northern Malaysia.

Equipped with fully automated machines and experienced resources, the company also provides on-site Tape & Reel and Programming Services for contract manufacturers in Penang.

Telford Melaka - Malaysia

TQS Manufacturing Sdn Bhd was incorporated in 1994 to support customers in Southern Malaysia in their Tape & Reel requirements.

Community Relations

Our commitment to do our part as responsible corporate citizens, our employees participated in many activities.

Telford Philippines

Angel Tree Project

In December 2024, Telford proudly participated in the DOLE (Department of Labor and Employment) Angel Tree Project initiative for the prevention and elimination of Child labor in the Philippines. Continuing our tradition of giving back to the community during the holiday season, our employees came together to sponsor children and families in need, fulfilling their holiday wishes by donating gifts, clothing, and essential items.

The response from our team was heartwarming, with many employees selecting angels from the tree and making sure each child’s wish list was fulfilled. This collaboration not only brought joy and hope to those in need but also fostered a sense of unity and kindness within the Telford community.

We are incredibly grateful for the generosity shown by our team, and we’re proud to have made a meaningful difference in the lives of so many families during the holiday season. Telford’s involvement in the DOLE Angel Tree is a testament to our commitment to spreading joy and making a positive impact, especially during the most wonderful time of the year.

Brigada Eskwela

For the past years, our company has proudly supported the Brigada Eskwela initiative, demonstrating our commitment to education and community development. While we did not actively participate in the physical volunteer work, we contributed by donating resources and educational supplies to help prepare local schools for the upcoming academic year.

Through this nationwide effort, we provided essential materials such as books, classroom supplies, and equipment, aiming to create a safe and conducive learning environment for students. Our support helped address the physical needs of schools, such as repairing furniture and ensuring that learning resources were readily available. This initiative reflects the spirit of “bayanihan” (community cooperation) and the importance of collective responsibility in achieving quality education.

By supporting Brigada Eskwela, we strengthen our bond with the local community, engage our employees in a shared purpose, and contribute to the ongoing effort to provide quality education. We believe that initiatives like Brigada Eskwela are an important part of our corporate social responsibility, and we are proud to contribute to this impactful program. Through this, we continue to show our commitment to making a positive difference in the communities we serve, one school at a time.

History & Milestones

1994

Telford established TQS Manufacturing Sdn Bhd (“TQS”) in Johor to expand into Malaysia.

1995

Telford set up 2nd operation in Penang, Malaysia.

1997

Flextech Holdings Limited (now known as Dragon Group International Limited or “DGI”) acquired two business units, SPAC and QAS of Texas Instruments Inc. through Semiconductor Technologies & Instruments Pte Ltd (“STI PL”) and Semiconductor Technologies & Instruments Inc. (“STII”) in Dallas respectively.

1998

STII completed development of its wafer inspection equipment and sold to major semiconductor manufacturers in Japan and Europe, representing its first foray into the front-end inspection equipment industry for the semiconductor manufacturing process.

1999

ASTI was publicly listed.

2000

Acquisition of 60% stake in Reel Service Limited, a manufacturer and service provider. The acquisition provided ASTI with a global network of facilities covering Southeast Asia, Europe and the United States.

Set up STI Precision Engineering Sdn Bhd (now known as Emerald Precision Engineering Sdn Bhd, (“Emerald”)), 60% owned subsidiary in Johor, Malaysia.

Telford expanded into Philippines. Telford Svc. Phils. Inc. (“Telford Phil.”) offers back-end semiconductor manufacturing services such as taping, detaping as well as inspection and other related activities.

2001

STI PL set up Semiconductors Technologies & Instruments Taiwan Inc. (“STI Taiwan”), a sales & service support centre in Taiwan.

2005

Tape & Reel and Programming Services facility in Shanghai, China – Telford Manufacturing Service Shanghai Ltd (“Telford Shanghai”).

ASTI migrated from SESDAQ to Mainboard in Singapore Exchange on 28 April 2005.

2006

Acquisition of 51.4% of SGX SESDAQ-listed Advanced Systems Automation Limited (“ASA”), a global manufacturer of semiconductor equipment, to expand into additional business sectors as well as accelerating its expansion into North Asia, especially China.

2007

Acquisition of Dragon Technology Distribution Co., Ltd (“Dragon Technology”) and Dragon Trading (Shanghai) Company Limited (“DTS”) through Flextech. This enables Flextech to expand its reach in North Asia through the newly acquired extensive network.

Flextech changed its name to DGI.

2008

Emerald became a wholly owned subsidiary.

2011

ASA established Dragon Microfits Sdn. Bhd. (“Dragon Microfits”) in Penang, Malaysia.

Spire Technologies Pte Ltd (“Spire”) and its subsidiaries become wholly owned subsidiary companies of DGI

2012

Commenced development of advanced packaging solutions (through EoPlex, Inc.) targetting towards mobility and 3C convergent market.

Acquisition of 45% of Auramas Teknologi Sdn. Bhd. (“Auramas” Tecknologi Sdn. Bhd. (“Auramas”), to extend the Group’s core competency in its Equipment Contract Manufacturing Service (“ECMS”) business.

2013

Completion of the proposed disposal of Dragon Technology Distribution Pte. Ltd. by DGI to InflexionPoint Technologies Pte. Limited.

Completion of acquisition of additional 10% of the issued & paid-up shares in the capital of Auramas Teknologi Sdn. Bhd. Pursuant to the Completion, the Company s shareholding in Auramas has increased from 45% to 55% of the issued and paid-up share capital of Auramas. Accordingly, Auramas is now a subsidiary of the Company

2015

Completed disposal of 64,316,470 issued and paid up ordinary shares in APSI Pte. Ltd. on 27 Feb 2015.

EoPlex Inc. via PR Newswire has announced the qualification of its CSI platform with Wuxi China Resources Micro-Assembly Technology Co., Ltd. (ANST), a leading Chinese IC assembly and test company.

2018

Has successfully completed the proposed disposal of the entire issued and paid-up share capital of Semiconductor Technologies Pte. Ltd. on 26 Sep 2018 and STI SG has ceased to be a wholly-owned subsidiary of the Company.

ASA Group has completed the acquisition of Yumei Technologies SDN BHD, Yumei REIT SDN BHD & Pioneer Venture Pte Ltd on 4 Dec 2018.

2019

Investment by YINLONG ENERGY CO., LTD in EOCELL LIMITED.

2024

New Management were appointed to serve the best interest of the company and its general body of shareholders

Delisting and Liquidation of Associated Company, Dragon Group International Limited (DGI)

Disposal of Associated Company shareholdings, Advanced System Automation Ltd (ASA Group)

2025

Incorporation of wholly owned subsidiary, Adtechs Holding Pte. Ltd. (“Adtechs Holding”), in Singapore on 13 February 2025 for the purpose of investment holdings and wholesale trading.

Whistleblower Statement

ASTI provides a Whistleblower channel for customers, suppliers, employees, and other stakeholders to report any illegal or unethical behavior in good faith.

If you witness or suspect any violations of laws or regulations, please report them to: whistleblower@astigp.com