Home Corporate Milestone
Print E-mail

 

Corporate Milestone
YEAR EVENT
1981 Uchi Electronic Co., Ltd., Taiwan was established.
1989 Uchi Electronic (M) Sdn. Bhd. and Uchi Optoelectronic (M) Sdn. Bhd. were incorporated in Malaysia as a private limited company under the Companies Act, 1965. Uchi Electronic (M) Sdn. Bhd. and Uchi Optoelectronic (M) Sdn. Bhd. commenced operation at its first factory in Gerogetown, Penang, measuring a built-up area of 13,094 square feet.
1990 R&D Division was established with their primary goal to achieve technological breakthrough and exceed customers expectation by research, innovation and developing high grade, market orientated with optimal cost efficient products.
1995 Uchi Electronic Co., Ltd. Taiwan ceased operation.
1996 Uchi Electronic (M) Sdn. Bhd. & Uchi Optoelectronic (M) Sdn. Bhd. shifted their manufacturing base to Prai Industrial Estate, Prai, measuring 140,083 square feet with a built-up area of 33,144 square feet.
Uchi Optoelectronic (M) Sdn. Bhd. was certified as an ISO 9002 company for conformance to specified requirements during production, installation and servicing,
1997 Uchi Optoelectronic (M) Sdn. Bhd. became an ISO 9001 registered company which includes conformance to specified requirements for design activity.
1998 Uchi Technologies Sdn. Bhd. was incorporated under the Companies Act, 1965, with an issued and paid-up share capital of 2 Ordinary Shares of RM1.00 each
1999 Uchi Technologies Sdn. Bhd. was converted to a public limited company and assuming its present name, Uchi Technologies Berhad (Uchitec).
2000 Uchitec completed:
  • the acquisition of the entire issued and paid-up share capital of Uchi Optoelectronic (M) Sdn. Bhd. comprising 5,000,000 Shares for a purchase consideration of RM24,011,367 satisfied by the issuance of 19,056,640 new Shares in Uchitec at an issue price of approximately RM1.26 per Share

     

  • the acquisition of the entire issued and paid-up share capital of Uchi Electronic (M) Sdn. Bhd. and its subsidiary, Uchi Industries (M) Sdn. Bhd. comprising 3,000,000 Shares for a purchase consideration of RM8,834,146 satisfied by the issuance of 7,011,227 new Shares in Uchitec at an issue price of approximately RM1.26 per Share

     

  • a Rights Issue of 7,932,131 new Shares at an issue price of RM1.10 per Share on the basis of approximately three (3) new Shares for every ten (10) existing Shares held based on the share capital of 26,067,869

     

  • the issuance of 6,000,000 new Ordinary Shares of RM1.00 each by way of public issue at an issue price of RM4.80 per share

     

  • Uchitec’s enlarged issued and paid up share capital of 40,000,000 Shares was listed on the Second Board of the Kuala Lumpur Stock Exchange
Built-up area of Uchi Group's manufacturing site based in Prai Industrial Estate, Prai were expanded to 126,008 square feet.
2001 Uchi Optoelectronic (M) Sdn. Bhd. was awarded ISO 14001 Certification, substantiating its environment-friendly status.
Uchitec completed the allotment of 4,000,000 bonus shares of RM1.00 each at par on the basis of 1:10
Uchitec launched Uchi Technologies Berhad Employee Share Option Scheme (“Uchitec ESOS”)
2002 Uchitec's authorised share capital was increased from RM50 million to RM100 million
Uchitec completed allotment of 17,847,600 bonus shares of RM1.00 each at par on the basis of 2:5.
Uchitec was transferred to the Main Board of the Kuala Lumpur Stock Exchange
Uchi Technologies (Dongguan) Co., Ltd. was awarded ISO 9001 Certification.
Uchi Optoelectronic (M) Sdn. Bhd. was registered as a OHSAS 18001 company in furtherance to her commitments towards the employees in enhancing the overall occupational safety and health environment.
2003 Uchitec completed the allotment of 17,847,600 bonus shares of RM1.00 each at par on the basis of 2:5.
2004 Uchitec completed the subdivision of 72,562,560 ordinary share of RM1.00 each into 362,812,800 new ordinary shares of RM0.20 each on the basis of 5:1
2005 Uchi Group successfully transformed to lead free production and is ahead in compliance with European Union requirements towards environmental friendly products.
2006 Uchitec launched new employee share option scheme in continue recognition of employees’ contribution.
Uchi Technologies (Dongguan) Co., Ltd. acquired a vacant industrial land at ShiLong Town, Dongguan City measuring approximately 208,671 square feet for the construction of manufacturing site.
2009 Uchi Technologies (Dongguan) Co., Ltd. commenced operation at the new manufacturing site at ShiLong Town, Dongguan City.
Uchi Group's product complied with the European’s Ecodesign requirements in 2010 that necessitates the standby and off mode electric power consumption for electrical and electronic household and office equipment be less than 1 watt with our current energy-saving products already comply with the year 2013 requirements of less than 0.5 watt.
 


Copyright Terms & Conditions, Privacy Policy and Disclaimer
© 2010 UCHI Technologies Berhad. All Rights Reserved.