Venture Corporation Limited
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July 1, 2020
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Venture Corporation Limited

Revenue:
SGD 3,484.60 million (2018)
Profit:
SGD 370.1 million (2018)
Employees:
12,000 (2018)
Headquarters:
Singapore
Founded:
1984
Current CEO:
Wong Ngit Liong
Parent:
This is the ultimate parent

Description

Venture Corporation Limited is a Singapore-based provider of technology services, products and solutions. The company is primarily engaged in the provision of manufacturing, product design and development, engineering and supply-chain management services.

Venture Manufacturing (S) Ltd was incorporated in 1984 to provide contract manufacturing services to companies in the electronics and computer-related industries. In 1989, the company formed the Venture group with the merger and acquisition of Multitech Systems Pte Ltd and Technocom Systems Sdn Bhd.

Venture Manufacturing (Singapore) Ltd changed its name to Venture Corporation Limited on 17 May 2002.

Headquartered in Singapore, the Venture comprises more than 30 companies with global clusters in Southeast Asia, Northeast Asia, America and Europe and employs over 12,000 people worldwide.

Venture Corporation is listed on the Singapore Exchange (SGX) under the code V03.

In Singapore Dollars (SGD)
In Singapore Dollars (SGD)
In Singapore Dollars (SGD)
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Operating Segments:

Venture Corporation operates predominantly as a provider of manufacturing, engineering, design and fulfilment services to the electronics industry. From January 1, 2018, the company’s reportable segments were amalgamated into two segments (Advanced Manufacturing & Design Solutions and Technology Products & Design Solutions) for the purposes of resource allocation and assessment of segment performance.

Advanced Manufacturing & Design Solutions - In the financial year end December 31, 2018, Advanced Manufacturing & Design Solutions represented 75.34% (SGD 2,625.3 million) of total revenue.

Technology Products & Design Solutions - In the financial year end December 31, 2018, Technology Products & Design Solutions represented 25.86% (SGD 901.2 million) of total revenue.

Note: Eliminations represented SGD -41.9 million in the year end December 31, 2018.

Mergers and Acquisitions:

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