MICRO-MECHANICS (HOLDINGS) LTD. 
By News Release
Micro-Mechanics ( H o l d i n g s ) L t d . Micro-Mechanics Bags Two Awards at the Singapore Corporate Awards 2012• Wins the Gold Award for Best Managed Board
• Receives Best Investor Relations Award for a third straight year
Singapore, 18 July 2012 - Micro-Mechanics (Holdings) Ltd.
("Micro-Mechanics" or the "Group") has scored a double at the
Singapore Corporate Awards (SCA) 2012, winning the Gold Award
for Best Managed Board and the Silver Award for Best Investor
Relations in the "less than $300 million market
capitalisation" category.
Said Ms Sumitri Menon, Independent Non-Executive Chairman of
Micro-Mechanics, "We wish to thank the SCA organisers and
judges for recognising our efforts to attain the highest
standards of corporate leadership, transparency and
governance. We are continuously working to build a corporate
culture where our people at all levels know that they are
expected to do the right thing in the right way. Our
directors are truly honoured to be presented with the Best
Managed Board Gold Award and we will continue to do our
utmost to apply the principles that embody this prestigious
award."
Helmed by Ms Menon, Micro-Mechanics' Board of Directors
comprises two other Independent, Non-Executive Directors - Mr
Ng Beng Tiong and Mr Girija Pande, and three Executive
Directors - the Group's Founder and CEO, Mr Chris Borch;
Group COO, Mr Low Ming Wah; and Group CFO, Mr Chow Kam Wing.
Together, they have a wealth of experience in engineering,
manufacturing, sales and marketing, finance, accounting and
law.
"This is also the third year running that the SCA has given
recognition to Micro-Mechanics for our investor relations
practices. Since listing in 2003, we have been working
ceaselessly to provide comprehensive, clear and timely
information about the Group to help our shareholders and the
investing public to make better informed investment
decisions. We wish to thank our Investor Relations and
Finance teams for their continual efforts to improve the
Group's disclosure and communications over the years," said
Ms Menon.
In the Governance and Transparency Index 2012 released on 27
April 2012, Micro-Mechanics was ranked
22nd out of 674 companies listed on the
Singapore Exchange with an overall score of 71 points. Only
4% or 24 companies scored 70 points or more.
The SCA's Best Managed Board Award recognises practices taken
by the boards of Singapore listed companies towards good
corporate governance. This award underscores people practices
at the board level, beyond legal compliance and transparency.
The winners of the Best Investor Relations Award are
exemplary role models in Investor Relations practices who
often go beyond the mandatory regulatory requirements in
quality of disclosure, corporate transparency and fairness in
disclosure.
Herman Phua | mobile 9664 7582 | email herman@octant.com.sg
Lisa Heng | mobile 9090 9887 | email lisa@octant.com.sg
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Micro-Mechanics Bags Two Awards at the Singapore Corporate Awards 2012About Micro-Mechanics
Micro-Mechanics designs, manufactures and markets high precision tools, parts and assemblies for the semiconductor, medical, aerospace and other high technology industries.
The Group serves a worldwide base of customers from six manufacturing facilities located in Singapore, Malaysia, China, Thailand, the Philippines and the USA. Together with its direct sales presence in Taiwan, Indonesia, and Europe, the Group's strategy is to relentlessly pursue product and operational improvement while providing its global customers with fast, effective and local support.
In addition to a market-leading range of precision tools, parts and consumable products used in the assembly and testing of semiconductors, the Group also manufactures precision parts and assemblies on a contract basis for tier- one equipment, aerospace, medical and other industries.
Micro-Mechanics has won wide recognition for its high standard of corporate governance and quality of disclosure, corporate transparency and communications with investors. The Group is a two time recipient of the Best Investor Relations Award (small cap category) at the Singapore Corporate Awards 2010 and 2011. It has received six awards from the Securities Investors Association Singapore for its corporate transparency and governance practices. The Group was also voted 'Best for Shareholders Rights and Equitable Treatment in Singapore' in the Asiamoney Corporate Governance Poll in 2009 and 2010.
For more information, please visit the Group's website at www.micro-mechanics.com/investor.htm
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