Baker Tech AR 2017 - page 6

MAY
Namechanged to
Baker Technology
Limited.
July
Saberon Investments
Pte Ltd acquired a
controlling stake in
theCompany.
September
Winner of Singapore
CorporateGovernance
Award (SESDAQ) at
SIAS Investors’ Choice
Awards.
October
Merit Awardwinner of
SingaporeCorporate
GovernanceAward
(SESDAQ) at SIAS
Investors’ Choice
Awards.
June
Raised$14.3million
from a renounceable
non-underwritten
rights issuewith free
detachablewarrants.
May
Acquired 100%of PPL
Holdings Pte Ltd, an
investment holding
company, whichowns
a 15% stake inPPL
ShipyardPte Ltd.
October
Formed a strategic
partnershipwith aTATA
enterprisecompany
(TRF SingaporePte Ltd)
which acquired a51%
stake inYorkTransport
Equipment (Asia) Pte Ltd.
April
Acquired 100%of
SeaDeep Shipyard
Pte. Ltd.
October
Upgraded to SGX-ST
Mainboard.
April
WonMerit Award for
BestManagedBoard*
in the Singapore
CorporateAwards.
November
Completed a
renounceablenon-
underwritten rights issue
of 327.4millionwarrants
at 1.0cent each.
April
Won Silver Award for
BestManagedBoard*
in the Singapore
CorporateAwards.
September
Listedon Forbes Asia’s
Best Under aBillion
andwas oneof only
eight companies in
Singaporeon the list.
October
Disposedof entire
issued andpaidup
sharecapital of
PPLHoldings Pte Ltd to
QDAsiaPacific Ltd for
a cashconsiderationof
US$116.25million.
2000
2004
2005
2006
2007
2008
2009
2010
Key
Milestones
BAKER
Technology
L IMI TED
THE BE ST
I N US
. 0 4
1,2,3,4,5 7,8,9,10,11,12,13,14,15,16,...140
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