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BAKERTECHNOLOGYlimited
ANNUAL REPORT 2015
KEYMILESTONES
May
Name changed to
Baker Technology
Limited.
July
Saberon Investments
PteLtdacquireda
controlling stake in
theCompany.
2000
2005
2007
2009
2011
2013
2015
2006
2008
2010
2012
2014
2004
September
Winner of Singapore
CorporateGovernance
Award (SESDAQ) at
SIAS Investors’ Choice
Awards.
October
Merit Awardwinner of
SingaporeCorporate
GovernanceAward
(SESDAQ) at SIAS
Investors’ Choice
Awards.
June
Raised$14.3million
froma renounceable
non-underwritten
rights issuewith free
detachablewarrants.
May
Acquired100%of PPL
HoldingsPteLtd, an
investment holding
company, whichowns
a15% stake inPPL
ShipyardPteLtd.
October
Formeda strategic
partnershipwithaTATA
enterprise company
(TRFSingaporePte
Ltd)whichacquired
a51% stake inYork
Transport Equipment
(Asia) PteLtd.
April
Acquired100%of
SeaDeepShipyard
Pte. Ltd.
October
Upgraded to
SGX-STMainboard.
April
WonMerit Award for
BestManagedBoard
(for companieswith
market capitalisationof
less than$300million)
in theSingapore
CorporateAwards.
November
Completeda
renounceablenon-
underwritten rights
issueof 327.4million
warrantsat
1.0 cent each.
April
WonSilverAward forBestManaged
Board (for companieswithmarket
capitalisationof less than
$300million) in theSingapore
CorporateAwards.
September
ListedonForbesAsia’sBestUnder
aBillionandwasoneof only eight
companies inSingaporeon the list.
October
Disposedof entire issuedandpaidup
share capital of PPLHoldings
PteLtd toQDAsiaPacificLtd for
a cash considerationof
US$116.25million.
February
Acquireda10.5% stake
inDiscoveryOffshore
S.A.
July
ReceivedBestManaged
Board (Gold) and
Best Annual Report
(Silver) awards (for
companieswithmarket
capitalisationof less
than$300million) at the
SingaporeCorporate
Awards.
March
Disposedof remaining49%stake inYork
TransportEquipment (Asia)PteLtd.
June
Completedarenounceablenon-
underwrittenrights issueof280.1million
warrantsat1.0centeach.
July
WinnerofBestAnnualReport (Silver)
award (forcompanieswithmarket
capitalisationof less than$300million) at
theSingaporeCorporateAwards.
August
Increased investment inDiscoveryOffshore
S.A. to20%.
May
Incorporationofwholly-owned subsidiary
–BakerEngineeringPte. Ltd.
June
Disposal of 20% stake inDiscoveryOffshoreS.A.
July
Winner of Best Annual Report (Bronze) award
(for companieswithmarket capitalisation
of less thanS$300million) at theSingapore
CorporateAwards.
August
ListedonForbesAsia’sBestUnder aBillion
andwasoneof only seven companies in
Singaporeon the list.
September
Incorporationofwholly-owned subsidiary
–BT Investment Pte. Ltd.
July
Winner of BestManaged
Board (Gold) awardandBest
Annual Report (Silver) award
(for companieswithmarket
capitalisationof less than
$300million) at theSingapore
CorporateAwards.
July
Winner of Best Annual
Report (Bronze) award
(for companieswith
market capitalisationof
less than$300million) at
theSingaporeCorporate
Awards.