05
BAKER TECHNOLOGY LIMITED ANNUAL REPORT 2012
key
Milestones
04
BAKER TECHNOLOGY LIMITEDANNUAL REPORT 2012
October
Disposed of entire issued and paid up share
capital of PPL Holdings Pte Ltd to
QDAsia Pacific Ltd for a cash consideration
of US$116.25million.
SEPTEMBER
Listed on Forbes Asia’s Best Under a Billion
andwas one of only eight companies in
Singapore on the list.
April
Won Silver Award for Best Managed Board
(for companies withmarket capitalisation of
less than S$300million) in the Singapore
Corporate Awards.
2010
October
TRF Singapore Pte Ltd
took up 51% stake in
York Transport Equipment (Asia) Pte Ltd.
May
Acquired 100% of PPL Holdings Pte Ltd,
an investment holding company, which
owns a 15% stake in PPL Shipyard Pte Ltd.
2007
june
Raised S$14.3million from a
renounceable non-underwritten rights
issuewith free detachablewarrants.
Completed capital reduction exercise to
write off S$12.0million of accumulated
losses as at 31Dec 2005 so as to
better reflect the financial position and
share capital of the company and better
position it for the future.
2006
SEPTEMBER
Winner of SingaporeCorporate
Governance Award (SESDAQ) at
SIAS Investors’ Choice Awards.
2004
july
Name changed to
Baker Technology Limited.
May
Saberon Investments Pte Ltd
acquired a controlling stake in
Wassall Asia Pacific Limited.
2000
Key
Milestones
BAKER TECHNOLOGY LIMITED
August
Increased investment in DiscoveryOffshore S.A. to 20%.
July
Winner of Best Annual Report (Silver) award
(for companies withmarket capitalisation of less than
S$300million) at the SingaporeCorporate Awards.
June
Completed a renounceable non-underwritten rights issue of
280.1millionwarrants at 1.0 cent each.
May
HighCourt judgement ruled in favour of
PPL Holdings Pte. Ltd. against SembcorpMarine Ltd.
Baker Technology Limited recognised the gain
on disposal of PPL Holdings Pte. Ltd.
March
Disposal of remaining 49% in
York Transport Equipment (Asia) Pte Ltd.
2012
November
Completed a renounceable
non-underwritten rights issue of
327.4millionwarrants at
1.0 cent each.
April
WonMerit Award for Best
Managed Board (for companies
withmarket capitalisation of
less than S$300million) at the
SingaporeCorporate Awards.
2009
october
Upgraded to SGX-STMainboard.
april
Acquired 100% stake in
SeaDeep Shipyard Pte. Ltd.
2008
JULY
Received Best Managed Board (Gold)
and Best Annual Report (Silver)
awards (for companies withmarket
capitalisation of less than S$300
million) at the SingaporeCorporate
Awards.
FEBRUARY
Acquired stake in
DiscoveryOffshore S.A.
2011
october
Merit Awardwinner of Singapore
CorporateGovernance Award
(SESDAQ) at SIAS Investors’
Choice Awards.
2005
