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History & Milestones
History and Milestones
1990

Telford industries Pte Ltd ("Telford") commenced the tape & reel services to Printed Circuit Board Assembly ("PCBA") manufacturers.

 
1994

Telford established TQS Manufacturing Sdn Bhd ("TQS") in Johor to expand into Malaysia.

 
1995

Telford set up 2nd operation in Penang, Malaysia.

 
1997

Flextech Holdings Limited (now known as “Dragon Group International Limited” or "DGI") acquired two business units, SPAC and QAS of Texas Instruments Inc. through Semiconductor Technologies & Instruments Pte Ltd (“STI PL”) and Semiconductor Technologies & Instruments Inc. (“STII”) in Dallas respectively.

 
1998

STII completed development of its wafer inspection equipment and sold to major semiconductor manufacturers in Japan and Europe, representing its first foray into the front-end inspection equipment industry for the semiconductor manufacturing process.

 
1999 ASTI was publicly listed.
 
2000

Acquisition of 60% stake in Reel Service Limited, a manufacturer and service provider. The acquisition provided ASTI with a global network of facilities covering Southeast Asia, Europe and the United States.

Set up STI Precision Engineering Sdn Bhd (now known as Emerald Precision Engineering Sdn Bhd, ("Emerald")), 60% owned subsidiary in Johor, Malaysia.

Telford expanded into Philippines. Telford Svc. Phils. Inc. (“Telford Phil.”) offers back-end semiconductor manufacturing services such as taping, detaping as well as inspection and other related activities.

 
2001

STI PL set up Semiconductors Technologies & Instruments Taiwan Inc. (“STI Taiwan”), a sales & service support centre in Taiwan.

 
2005

Tape & Reel and Programming Services facility in Shanghai, China - Telford Manufacturing Service Shanghai Ltd (“Telford Shanghai”).

ASTI migrated from SESDAQ to Mainboard in Singapore Exchange on 28 April 2005.

 
2006

Acquisition of 51.4% of SGX SESDAQ-listed Advanced Systems Automation Limited ("ASA"), a global manufacturer of semiconductor equipment, to expand into additional business sectors as well as accelerating its expansion into North Asia, especially China.

 
2007

Acquisition of Dragon Technology Distribution Co., Ltd (“Dragon Technology”) and Dragon Trading (Shanghai) Company Limited (“DTS”) through Flextech. This enables Flextech to expand its reach in North Asia through the newly acquired extensive network.

Flextech changed its name to DGI.

 
2008

Emerald becomes a wholly owned subsidiary.

 
2011

ASA established Dragon Microfits Sdn. Bhd. ("Dragon Microfits") in Penang, Malaysia.

Spire Technologies Pte Ltd ("Spire") and its subsidiaries become wholly owned subsidiary companies of DGI.

 
2012

Commenced development of advanced packaging solutions (through EoPlex, Inc.) targetting towards mobility and 3C convergent market.

Acquisition of 45% of Auramas Teknologi Sdn. Bhd. ("Auramas" Tecknologi Sdn. Bhd. ("Auramas"), to extend the Group's core competency in its Equipment Contract Manufacturing Service ("ECMS") business.


 
2013

Completion of the proposed disposal of Dragon Technology Distribution Pte. Ltd. by DGI to InflexionPoint Technologies Pte. Limited.

Completion of acquisition of additional 10% of the issued & paid-up shares in the capital of Auramas Teknologi Sdn. Bhd. Pursuant to the Completion, the Company’s shareholding in Auramas has increased from 45% to 55% of the issued and paid-up share capital of Auramas. Accordingly, Auramas is now a subsidiary of the Company


 
2015

Completed disposal of 64,316,470 issued and paid up ordinary shares in APSI Pte. Ltd. on 27 Feb 2015.

EoPlex Inc. via PR Newswire has announced the qualification of its CSI platform with Wuxi China Resources Micro-Assembly Technology Co., Ltd. (ANST), a leading Chinese IC assembly and test company.


 
2018

Has successfully completed the proposed disposal of the entire issued and paid-up share capital of Semiconductor Technologies Pte. Ltd. on 26 Sep 2018 and STI SG has ceased to be a wholly-owned subsidiary of the Company.


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Blk 25 Kallang Avenue #06-01 Kallang Basin Industrial Estate Singapore 339416T (65) 6392 6922F (65) 6392 5522Company Registration No.: 199901514C
 
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