IPO Plus - IPO

Name▼ / Code▼	Industry	Offer Price	Lot Size	Entry Fee	Closing Date	Grey Market Date▼	Listing Date▲
Minieye Tec 02431.HK	Application Software	17-20.2	200	4,081	2024/12/20	2024/12/24	2024/12/27
Xunfei Healthcare 02506.HK	Application Software	82.8	50	N/A	2024/12/23	2024/12/27	2024/12/30
InnoScience 02577.HK	Semiconductors & Semiconductor Equipment	30.86-33.66	100	3,400	2024/12/23	2024/12/27	2024/12/30
HealthyWay 02587.HK	Health Care Services	7.8-8.8	500	4,444	2024/12/23	2024/12/27	2024/12/30

Name▼

Code▼

Industry

Offer Price

Lot Size

Entry Fee

Closing Date

Grey Market Date▼

Listing Date▲

Minieye Tec
02431.HK

Application Software

17-20.2

200

4,081

2024/12/20

2024/12/24

2024/12/27

Xunfei Healthcare
02506.HK

Application Software

82.8

N/A

2024/12/23

2024/12/27

2024/12/30

InnoScience
02577.HK

Semiconductors & Semiconductor Equipment

30.86-33.66

100

3,400

2024/12/23

2024/12/27

2024/12/30

HealthyWay
02587.HK

Health Care Services

7.8-8.8

500

4,444

2024/12/23

2024/12/27

2024/12/30

Summary

Established in 2000, we are a precision engineering services provider headquartered in Singapore, specialising in providing precision machining and precision welding services for international companies in the semiconductor and other sectors. According to the CIC Report, we ranked fifth in terms of revenue from the semiconductor segment of the precision component engineering industry in Singapore in 2023 with a market share of 3.3%. We offer our customers precision engineering services including precision machining services and precision welding services. Precision machining involves using Computer Numerical Controls (‘‘CNC’’) machines and other advanced machine tools to cut and shape materials and to produce parts that meet extremely strict specifications in terms of size, shape, surface finish and other geometric attributes with micrometre-level of accuracy. Precision welding involves using advanced welding methods and specialised processes such as laser and electron beam to join materials together according to strict specifications and tolerance. Leveraging our technical capabilities and know-how and machinery and equipment, we have established our market position in the precision component engineering value chain by offering specialised services tailored to our customers’ specific technical requirements and commercial needs. Throughout the years, we have grown our business to serve customers in various sectors, including semiconductor, aerospace and data storage industries. Many of our customers are well-recognised international companies in these industries, including Customer A, a U.S. based corporation which supplies equipment used for fabrication of integrated circuits and displays of electronic products such as televisions, smartphones, laptops, personal computers, etc.. Our major customers have selected us as a key long-term partner as we possess essential industry-specific certifications and have passed and extended the stringent in-house supplier qualification processes of these reputable customers. We have established long-standing business relationships with our five largest customers during the Track Record Period for an average of approximately eleven years and we will seek to maintain sustainable and mutually beneficial relationships with our customers. We have demonstrated a proven track record in providing quality and efficient precision engineering services to our customers. We have a dedicated quality control team to conduct stringent incoming, in-process and final quality assessment by conducting a wide range of technical testing, such as leak checking using helium leak detectors, to ensure that our components and parts are of the exact and precise measurements as specified by our customers. We have obtained the SSQA certification, which qualified us to conduct precision machining work in the semiconductor industry. We have also been accredited with ISO 9001 : 2015 quality management system certification in respect of fabrication of precision machinery parts since 2019, and ISO 14001 : 2015 environmental management system certification in respect of fabrication of machinery parts since 2018. Our business is headquartered in Singapore with production facilities in Singapore (the ‘‘Singapore Factory’’) and Malaysia (the ‘‘Malaysia Factory’’). We are equipped with machinery with functions and specifications and technicians who have accumulated skills in handling different production processes which enable us to offer services to cater for the specific design and requirements of our customers. Most of our machinery and equipment can be used to produce a range of products for diverse end-use industries with different specifications. Source: Metasurface Tech (08637) Prospectus (IPO Date : 2024/06/21)
Listing Market	GEM
Industry	Semiconductors & Semiconductor Equipment
Background	Others
Major Business Area	N/A

Corporate Information

Substantial Shareholders	Chua Chwee Lee (56.29%) THNG Chong Kim (8.20%) Pang Chen May (5.44%)
Directors	Chua Chwee Lee (Chairman and Chief Executive Officer and Executive Director) JEE Wee Jene (Executive Director) THNG Chong Kim (Executive Director) ANG Yong Sheng, Jonathan (Independent Non-Executive Director) CHAN Yang Kan (Independent Non-Executive Director) TAN Chek Kian (Independent Non-Executive Director)
Company Secretary	Yau Tsz Lun
Principal Bankers	DBS Bank Limited United Overseas Bank Limited
Solicitors	Deacons Shearn Delamore & Co. Drew & Napier LLC Sim Chong LLC Conyers Dill & Pearman Hogan Lovells
Auditors	PricewaterhouseCoopers
Registered Office	5th Floor, Manulife Place 348 Kwun Tong Road Kowloon, Hong Kong
Share Registrars	Tricor Investor Services Ltd. [Tel: (852) 2980-1333]
Share Registrars Tel No	(852) 2980-1333
Internet Address	http://www.metatechnologies.com.sg
Email Address	ir@dlkadvisory.com
Tel No
Fax No

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