MICRO-MECHANICS (HOLDINGS) LTD. 
By NEWS RELEASE
Micro-Mechanics (Holdings) Ltd.
MICRO-MECHANICS WINS 'MOST TRANSPARENT COMPANY' AWARD FROM SIAS FOR THE FOURTH CONSECUTIVE YEAR
Singapore, 28 October 2011 - Micro-Mechanics (Holdings) Ltd.
("Micro-Mechanics" or the "Group") has received an award for
'Most Transparent Company - Main Board Small Caps (Runner
Up)' at the SIAS Investors' Choice Award 2011.
The recipients of the Most Transparent Company Award were
assessed based on the timeliness, substantiality and clarity
of their announcements, their degree of media access as well
as communication channels such as website and webcasting.
Said Ms Sumitri Menon, Independent Non-Executive Chairman of
Micro-Mechanics, "We would like to thank SIAS for honouring
the Group with this Most Transparent Company Award which we
are pleased to have won for the fourth year running since
2008. This recognition from Singapore's investing community
encourages us to continue working hard to achieve the highest
standards of corporate governance, transparency and
disclosure."
This is the tenth award that Micro-Mechanics has received for
its corporate governance and transparency practices since its
public listing in 2003.
In July this year, the Group received the Best Investor
Relations Award (Silver) in the "less than $300 million
market capitalisation" category at the Singapore Corporate
Awards (SCA) 2011. In January, Micro- Mechanics was voted
'Best for Shareholders' Rights and Equitable Treatment in
Singapore' for the second year running in Asiamoney's annual
Corporate Governance Poll. The Group was also ranked 20th out
of
657 companies listed on the Singapore Exchange in the latest
issue of the annual Governance and
Transparency Index 2011.
Micro-Mechanics designs, manufactures and markets high precision tools, parts and assemblies for the semiconductor, medical, aerospace and other high technology industries.
The Group serves a worldwide base of customers from six manufacturing facilities located in Singapore, Malaysia, China, Thailand, the Philippines and the USA. Together with its direct sales presence in Taiwan, Indonesia, Korea and Europe, the Group's strategy is to relentlessly pursue product and operational improvement while providing its global customers with fast, effective and local support.
In addition to a market-leading range of precision tools, parts and consumable products used in the assembly and testing of semiconductors, the Group also manufactures precision parts and assemblies on a contract basis for tier-one equipment, aerospace, medical and other industries.
For more information, please visit the Group's website at www.micro-mechanics.com/investor.htm
Media and Investor Relations Contact :
Octant Consulting
