News

ISO/TS 16949:2002 Certification

20 August 2005

The Board of Directors of ElectroTech Investments Limited (the “Company”) is pleased to advise that the EMS Division of ElectroTech Investments Limited, comprising the Precico Group of Companies, was accredited with ISO/TS 16949:2002 on 20 August 2005.

In 2005, the Division has been successful in winning some orders from two Tier 1 automotive customers. With this accreditation, the EMS Division is now in a position to scale up the existing customers as well as penetrate new Tier 1 automotive customers and moving forward, grow the automotive market segment share by providing the Group’s Integrated Manufacturing Services (“IMS”).

The benefit of this accreditation is not expected to materially affect the profitability of the company in 2005 but is expected to contribute positively in the coming years.