History
and Background IEGB was incorporated in Malaysia on 9 January
2003 under the Act as a private limited company as Impressive Edge Group Sdn.
Bhd. Further, on December 2003, it was converted to Impressive Edge Group Berhad
as a public limited company to facilitate the listing of IESB, IEPSB and IE(KL)
on the MESDAQ Market. IEGB's humble beginning started with
the establishment of IESB in 1994 by its Managing Director, Mr. Ng Hai Teng and
other co-founders. It started modestly in a small premises in Melaka and from
there, it has grown steadily to be a reputable supplier of precision tooling products
to leading MNCs such as Infineon (Malaysia) and Osram (Malaysia) in this region. IEPSB,
involved in similar business activities as IESB, was incorporated 1998 to further
strengthen its business foothold in Melaka and its surrounding areas. With the
success of IESB, the founders were able to secure more contracts and deliveries
from existing and new clients. Consequently, production output increased significantly
together with greater capital commitment, human and other resources. Production
facilities were also expanded. The primary purpose in setting up IEPSB is to segregate,
manage and service local based clients in Melaka and its surrounding areas. IESB
was designated to mainly support and service Infineon (Malaysia) , Osram (Malaysia)
and other MNCs. Following the growth and success of both
IESB and IEPSB, the founders through IESB invested in IE(PG) and SCESB in 1999
to service and market its products and services in the northern region of Malaysia.
IE(PG) was mainly servicing its largest customer, Osram (Malaysia), while SCESB
was mainly servicing its largest customer, Minebea-Matshusita Motor (M) Sdn. Bhd.
(formerly known as Matshushita Electronic Motor (M) Sdn. Bhd.). The said companies
are still servicing the two main customers to date. With
successful marketing of its products and services in the Klang Valley and its
surrounding areas, IE(KL) was incorporated in 2001 to support and service its
customers with principal businesses mainly in lead frame stamping, semiconductor,
connector mould and other electronics companies. IE(KL) also receives support
from IESB and IEPSB from the technical knowledge perspective and the supply of
the Group's primary products in the precision tools and parts categories. In
addition to the local market and continued supply of its products and services
to Infineon (Malaysia) and Osram (Malaysia), IESB has started to establish business
relationships with other Infineon and Osram manufacturing sites at Wuxi (China),
Regensburg (Germany), Richmond (USA) and Osram (Germany). As part of its future
plans, the Group is planning to set up overseas offices as a platform to service
and support its overseas clients, to receive increasing orders and to source for
other overseas clients. |