2006

Wed, 11 Oct 2006

TTD announces the approval of its MSC Status Application by Multimedia Development Corporation of Malaysia and is in the process of completing the formality.

Mon, 2 Oct 2006

TTSM today announced the purchase of a new production facility in Johor, Malaysia. The new plant, covering a floor area of almost 50,000 sq. ft. will supplement the existing 60,000 sq. ft. facility in Penang and will house the probe pin fabrication and assembly operation when fully renovated by Jan 2007. The purchase is subject to the customary approval by the relevant authority.

Fri, 14 Sept 2006

TTSM announces that its application for Manufacturing License and Pioneer Status has been approved by MIDA and is in the process of completing the formality.

Wed, 9 Aug 2006

TTD today announced that it has applied to the Multimedia Development Corporation for MSC status and its pre-application has been accepted.

Sat, 15 Jul 2006

TTS Group announces the increase in paid-up capital to USD3 million through the allotment of new shares to existing shareholders at par value. The proceed will be used for working capital and future acquisition in the region.

Mon, 3 Jul 2006

TTSM announces that it has completed the expansion and renovation of Plant B within the factory plot purchased in April 2006. Plant B, with a total floor area of about 20,000 sq. ft. will house more than 50 CNC, milling and lathe machines when fully operational in Dec 06. Both TTSM and TTD will relocate to the new plant in phases starting on 17 July 2006.

Fri, 9 Jun 2006

TTSM today announced that it has acquired BigHub Technology Sdn Bhd, a company incorporated in Malaysia with the principal activity of providing Design and R&D services for the semiconductor industry. TTSM intends to inject additional RM3 million into the company. The proceed will be used to upgrade the existing simulation and validation equipment and to hire additional R&D staff. The company will change its name to Test Tooling Designs (M) Sdn Bhd (TTD) upon approval from the relevant authority.

Tue, 30 May 2006

TTSM today announced that it has applied to MIDA for the Pioneer Status. Once approved, the company will be able to enjoy a range of incentives provided under the scheme.

Mon, 3 Apr 2006

TTSM today announced that it has signed a definitive agreement to purchase a factory plot of about 60,000 sq. ft. within the Penang Free Trade Zone for RM3.3 million. The acquisition is subject to the approval of the Foreign Investment Committee and Penang Development Corporation.

Tue, 7 Mar 2006

TTS Group announces the incorporation of its wholly owned subsidiary in Malaysia, Test Tooling Solutions (M) Sdn. Bhd (TTSM). Located in Penang, in the northern tip of the Malaya Peninsula, the principal activity of the company is to manufacture Burn-in Board, Load Board and other ATE Boards used in the final test for the semiconductor industry. “ The Penang’s presence will give as a foot hold on the high-tech companies operating within the Free Trade Zone and provide a quick turnaround for our existing customers.”, according to the CEO, SL Wee.

Thu, 9 Feb 2006

The shareholders announce the incorporation of Test Tooling Solutions Group Pte Ltd in Singapore (TTS Group). Being an investment holding company, TTS Group is to provide management services to a group of related companies operating within the semiconductor industry.