IPS-Lintec signed a Joint Venture with our local distributor, STG Infrastructure Pvt Ltd in India to manufacture asphalt & concrete batching plants to market in India (S$10 million investment)

Eco-Wiz (Thailand) Pte Ltd signed the Science and Technology Cooperation Agreement between Thailand Institute of Scientific  and Technological Research  (TISTR) for the research & development of Eco-Wiz products

Perfex Heat Transfer Sdn Bhd, was incorporated in Malaysia in 2010 to fulfill customer’s order in present & future

Singapore Radiation Centre Pte Ltd, was incorporated in Singapore to handle radiation business activities, CBRNE detection, protection solutions and after sales support services.

IPS Leasing Pte Ltd, was incorporated in Singapore to conduct leasing of Industrial and Infrastructure Equipment and provision of services

IPS Technologies formed a new Joint Venture, IPS Securex Pty Ltd with two Australian partners in Brisbane, Australia to distribute Hi-Tech Security products. Initially the company will focus on distribution of Anti Graffiti Detectors, Video Torchlight and Intruder Detectors in Australia and New Zealand

Perfex International leased additional factory space of 6,000sq ft to ease the production capacity at its main production premises at 82 Tuas Avenue 11