Key Event And Milestone

2024

• On 23 December 2024, ATech completed the construction of its new integrated manufacturing plant with a build-up space encompassing offices, production floors, clean room, and warehouse space of 243,977 sq. ft. ("P5") at Kulim Hi-Tech Park (“KHTP”) and obtained the Certificate of Completion & Compliance (“CCC”). This new facility is earmarked as our “New Automotive & Internet-of-Things ("IoT") Hub”.

• In December 2024, ATech implemented an automated smart warehouse management system (“WMS”) and it has been successfully setup at its existing manufacturing plant (“P1”).

• On 12 December 2024, BCM successfully held a Factory Commencement Ceremony for P5.

• On 19 June 2024, the Company issued 39,406,800 new ordinary shares via 2nd private placement, and the ordinary shares were subsequently listed on the Main Market of Bursa Securities.

• On 13 May 2024, ATech successfully held a groundbreaking ceremony for P5.

• On 4 April 2024, ATech via BCM signed the sales and purchase agreement with Northern Technocity Sdn Bhd ("NTCSB") for the purchase of the 2nd vacant freehold industrial land, spanning 270,034 sq. ft. at Kulim Technocity ("Land 2") - adjoining to the previously purchased and possession of the freehold industrial land, spanning 301,874 sq.ft., located within KHTP and registered under H.S.(D) 83925, PT 5930 Seksyen 39, Bandar Kulim, District of Kulim, Kedah (“Land 1”).

• ATech continued to invest in additional 2 Surface Mount Technology ("SMT") Lines at P5.

2023

• ATech continued to onboard two new customers to manufacture IoT devices and video telematics respectively.

• ATech commenced to invest in the infrastructure to manufacture 5G technology and automotive components.

• On 13 September 2023, ATech successfully completed the installation and energisation of a 2.578 MWp rooftop solar photovoltaic (“Rooftop Solar”) at BCM.

• On 22 August 2023, ATech installed two electric vehicles (“EV”) charging stations at BCM.

• On 22 August 2023, BCM celebrated its 30th Anniversary with its 1,300 employees and business associates under the theme: “30 x 30: Honouring Our Past & Empowering Our Future with Sustainable Growth”.

• On 10 May 2023, BCM purchased the Land 1.

• On 7 February 2023, the Company issued 35,818,000 new ordinary shares via private placement, and the ordinary shares were subsequently listed on the Main Market of Bursa Securities.

• In January 2023, ATech made an investment in backend automation and testing, to meet the requirements in IoT module manufacturing.

• ATech continued to invest in additional one SMT line.

2022

• ATech grew its EMS business by onboarding four new customers, that specialises in developing sensors, data computing technology, motherboards, and IoT-related devices.

• On 26 April 2022, in conjunction with an Anti-Corruption Seminar conducted by the Suruhanjaya Pencegahan Rasuah Malaysia, Kedah (SPRM Kedah), every staff with the ranking of section managers and above proudly signed a “Corruption Free Pledge”.

• On 28 March 2022, ATech completed the construction of its manufacturing plant expansion (also known as “P3”) and obtained the CCC.

• On 8 March 2022, ATech continues its commitment to work in partnership with its local community with the signing of the certificate of collaboration with Politeknik Tuanku Sultanah Bahiyah to kickstart an industrial internship programme.

• ATech continued to invest in additional three SMT lines.

2021

• On 16 December 2021, ATech celebrated the listing of the 358,180,000 issued ordinary shares of the Company on the Main Market of Bursa Securities.

• ATech continued to transcend towards Industrial 4.0 with the installation of two SMT lines completed with four robotic backend automation and testing for multicomponent semiconductor modules.

2020

• ATech continued to expand its EMS business in the power control segment by securing two new customers:
» Customer from France - to manufacture a power module used in marine and supercomputer applications with a fast-tracked full-scale production in October 2020.
» Customer from China - to manufacture power control modules for DC-to-DC power supply.

2019

• ATech broaden its portfolio of services when an electronics manufacturing services agreement for semiconductor components in the form of a multicomponent Integrated Circuit (“IC”) for Machine to Machine loT applications was secured. This marks a key milestone for ATech as its position in the value chain is strengthened by offering semiconductor components manufacturing services, while previously ATech focused on industrial electronics products manufacturing services.

2016 - 2018

• In 2018, ATech expanded its manufacturing services into trains communication interface units that includes outboard assembly, testing, subassembly, and system calibration. This system allows products to integrate with other systems installed in train carriages to communicate and transmit information between the train and a remote central monitoring centre.

• In July 2017, BCM joined the “Promise of Integrity” supplier alliance to strengthen collaboration within the supplier ecosystem, fostering the highest standards of ethics and integrity in the business community.

• In 2016, ATech expanded its EMS offering for LED lighting product by securing its first purchase order for the LED tunnel lighting. In the same year, ATech also commenced manufacturing of its own designed LED lighting for installation in warehouses.

2000 - 2010

• Between 2005 and 2010, ATech expanded its product offering to include the following:
   » IoT wireless asset tracking devices for vehicle tracking applications in 2007.
   » Printed Circuit Board Assembly (“PCBA”) of instrumentation devices for the oil and gas industry in 2007 where we offered special engineering services including high melting point and gold soldering as part of the board assembly process.
   » PCBA of power control devices for lighting equipment in 2008 for a customer in the USA; and power control devices for AC to DC power supply in 2009 for a customer in Australia.

• Between 2000 and 2010, ATech increased its production capacity by investing in additional SMT lines.

• In 2005, ATech participated in the design of an industrial wireless communication device, in a joint-design development exercise with a customer.

• In 2003, ATech completed the construction of its factory expansion in KHTP which increased production built-up area by an additional 89,638 sq. ft.

• In 2000, ATech moved from rented premises in Prai, Penang to the current production facility in KHTP, Kedah with a total built-up area of 106,156 sq. ft. with facilities comprised 7 SMT lines with 20 backend assembly lines.

• In 2000, ATech expanded its EMS business to produce power control electronic devices namely DC-DC converter modules.

1993 - 1999

• BCM commenced business as a provider of SMT and sub assembly services for industrial communication devices with one manual assembly line specialising in functional testing of communication products at rented premise in Prai, Penang.

• In 1996, BCM expanded its portfolio of services by securing its first box-build supply contract for industrial communication devices. Box build assembly includes the sourcing and procurement of materials and components, board assembly, and carrying out mechanical box build assembly and testing of the finished product. This forms a key milestone in ATech’s expansion as an EMS provider.

• Incorporation of ATech’s subsidiary, BCM on 20 August 1993, to facilitate the technology transfer agrement between Motorola Incorporated ("Motorola Inc.") and Comintel Sdn. Bhd. to jointly develop manufacturing capabilities for communication devices in Malaysia through BCM.