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> June
Acquisition of TLG GROUP HOLDINGS PTE LTD
Company name change – NEL Group Ltd. |
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> March
Ranked 85 in Singapore International 100
> April
Transferred to SGX-ST Mainboard |
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> January
Placed out 32.5 million shares at S$0.3245 each
> February
Joint venture with Toptrend Technologies Corp.
Acquired Crypton Singapore Pte Ltd
> March
Awarded GTP incentive by IE Singapore.
Winner of Annual Report Award 2003 (SESDAQ)
> September
Merit winner of SIAS Corporate Governance award (SESDAQ)
> November
Achieved record sales exceeding S$200 million |
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> February
Awarded Atmel BEST Distributor for year 2002
> March
Adopted the “merging into strengths” strategy
> April
Awarded OMP and OMO (HongKong, India and China) by IE Singapore
> June
Repaid building loans and release of mortgage on the building
> September
Incorporated Nucleus Capital Limited with an authorised capital US$80 million
Acquired 60% of Hong Kong component distributor, TLG Electronics Ltd for about
S$13.85 million
Winner 2003 Corporate Governance Award (SESDAQ) – SIAS Choice Investment Award
> December
Increased authorised capital to S$380 million |
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Achieved record sales exceeding S$100 million
Adopted the Code of Corporate Governance |
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Implemented ERP system |
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Listed on SESDAQ
Set up sales office in Hong Kong
Acquired majority interest into a Taiwan component distributor, Neolec International Inc. |
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Shifted to new premises at 41 Kaki Bukit Place, Singapore
Set up representative office in Thailand |
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Set up liaison office in Kuala Lumpur, Malaysia |
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Signed the share purchase agreement with KLSE-listed AIC Corporation Berhad |
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Nucleus was founded and incorporated in Singapore
Established Nucleus in Penang, Malaysia
Set up representative office in the Philippines |
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