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Metech International Limited (QG1.SI)

Waste Management
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The Global E-waste Problem

Technology is integral to our world today. Its application spans all industries, and pervades every aspect of personal and corporate life, and its impact is far-reaching.

For the producers of technology and electronics, the highly-competitive landscape has made safe disposal of intellectual properties, data and prototypes a priority. For the users of technology and electronics, the breakneck speed of technological innovation means faster replacement cycles, leading to a rising demand for IT asset disposition solutions. And for the environment, the consumerisation of Information Technology is a double-edged sword. Accelerated mining of precious metals to feed IT device and networking equipment production only serves to hasten the depletion of Earth's resources. And when these electronics reach their end-of-life, illegal and unethical disposal practices generate environmental pollution and toxic waste.

E-waste Solutions to Extend The Life of All Electronics

Incorporated in 2001, Metech International is a leading e-waste management solutions provider, with a strong presence in Asia and North America. We believe that the proliferation of technology does not have to come at a cost to the environment. Environmental sustainability can be achieved through the practice of extending the life of all electronics.

As such, the solutions we offer go beyond recycling of electronic, electrical and equipment waste, to include recovery of precious metals, as well as repair and reuse services. Our customers include manufacturers, OEMs, large multi-national enterprises, service providers, local government agencies and communities.

Customers value us for the flexibility we demonstrate in customizing solutions that are tailored to their unique needs, and for our compliance to legislative and regulatory requirements. Our commitment to deliver these services promptly and reliably, our robust yet streamlined operations and our emphasis on audit and transparency make us an ideal partner for your e-waste disposal needs.

Taking Care of Your Eco-Needs in Asia

The Metech Recycling subsidiary in Singapore takes care of your eco-needs, from the preliminary stages of e-waste collection to the recycling and trading of the recovered precious metals such as gold, silver, palladium and platinum. Our capabilities extend to the extraction of ferrous, non-ferrous metals and plastics from e-waste, secure data destruction and IT asset disposition......
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Simon Eng - Chairman of the Board

Mr. Simon Eng is the controlling shareholder of the Company. In his capacity as the Chairman of the Board, Mr Eng is responsible for the overall direction and strategic development of the Group.

Mr Eng served more than 18 years as a senior officer in an elite service of the Singapore Government from

1986 till 2004, when he retired to join Singapore-listed United Engineers Ltd (“UE”). He served as UE’s China CEO and lived in Beijing and Shanghai up to end 2007, when he left to set up a waste and wastewater treatment company, in partnership with Tembusu Growth Fund, a private equity fund domiciled in Singapore to which Mr Eng was an advisor. The company had invested in four waste treatment facilities in China. Mr Eng also served as an advisor to Singapore Technologies Electronics Ltd for several years. On top of his many years of exposure in government and diplomatic circuits, Mr Eng has a wealth of knowledge and experience in the corporate and investment world.

Mr Eng graduated from the University of Hamburg, Germany, as a Naval Architect under a Singapore Public Service Commission scholarship in 1985 and had studied at the Harvard Business School in the United States under a government post-graduate sponsorship.

 

Andrew Eng - Executive Director

Mr. Andrew Eng is the President and Chief Executive Officer of the Group. He is also the Executive Chairman of the Group’s largest subsidiary, Metech Recycling Inc. in USA.

Prior to joining the Company, Mr Eng was the CEO of Asia Pacific Metals Refiner Pte Ltd, which acquired the Singapore business of Centillion Environment & Recycling Limited in March 2011. He successfully turned the company around in 9 months when the company returned to profitability in 2012.

Mr Eng has more than 20 years of experience in financial advisory, where the Premier Association of Financial Professionals consistently ranked him in the top 5% of the global financial industry. In addition, Mr Eng was the Chairman of an investment holding company that managed a portfolio of about S$35 million for 4 years.

Preceding his entry into the financial advisory industry, he served in the Singapore Police Force till 1991.

Mr Eng graduated from the National University of Singapore with a Bachelor of Engineering.

 

Francis Lee - Independent Non-Executive Director

Mr. Francis Lee was appointed as an Independent, Non-executive Director of the Company on 1 August 2012, and chairs the Group’s Audit Committee. He is also a member of the Remuneration Committee and Nominating Committee of the Company.

Mr Lee brings with him more than 20 years of experience in the financial sector, and provides the Group with advice on matters of corporate governance and acts as a check and balance on the Board’s management.

Mr Lee is currently the Chief Financial Officer of OKH Global Ltd, a company listed on the Mainboard of the SGX-ST. He is also a director of his own investment firm, Wise Alliance Investments Ltd. Prior to this, he spent about five and a half years with Man Wah Holdings Ltd, a company listed on the Hong Kong Exchange, as its Chief Financial Officer where he oversaw the accounting functions, corporate regulatory compliance and reporting of the company. He was also the Finance and Executive Director of Man Wah Holdings Ltd. Apart from the Company, Mr Lee is also an Independent Director of three other SGX listed companies.

Mr Lee graduated from National University of Singapore with a Bachelor’s Degree in Accountancy and holds a Master of Business Administration from University of Hull. He is a Chartered Accountant and a non- practising member of the Institute of Singapore Chartered Accountants. Mr Lee is also a member of the Singapore Institute of Directors.

Mr. Lee graduated from National University of Singapore with a Bachelor’s Degree in Accountancy and holds a Master of Business Administration from University of Hull. He is a Chartered Accountant and a non-practising member of the Institute of Singapore Chartered Accountants. Mr. Lee is also a member of the Singapore Institute of Directors.

 

Derek Loh - Independent Non-Executive Director

Mr Derek Loh was first appointed as a Non-Executive Director in February 2010 and was later re-designated as an Independent Director in November 2011. He presently serves as the Chairman of the Remuneration Committee and is also a member of the Nominating Committee and Audit Committee of the Company. His responsibilities include oversight of corporate affairs and participation in the process of appointment, assessment and remuneration of Directors.

Mr Loh has been practising as an Advocate & Solicitor in Singapore for some 24 years. He is also an Independent Director of 4 other public listed companies, 3 of which are listed in Singapore and one on the London Stock Exchange. Apart from his professional work and corporate participation, Mr Loh is also a member of the Board of Governors of Saint Joseph’s Institution International Singapore and a Trustee for the SJI Foundation.

 

Ricky Sim - Independent Non-Executive Director

Mr. Ricky Sim was appointed as an Independent, Non-executive Director of the Company on 1 July 2015. He chairs the Nominating Committee and is a member of the Audit and Remuneration Committee.

Mr Sim started his career in 1977 in the Singapore Civil Service where he spent a total of 18 years, during which he served 6 years in Hong Kong and 3 years in Bangkok as a diplomat. In 1994, he entered the private sector by joining Suntec Investment Group of Companies (SIPL) in Singapore. In addition to fulfilling the role of Chief Operating Officer of SIPL, Mr Ricky Sim was the Managing Director of Chesterton Suntec International Property Consultants from 1997 to 2013.  He was an Honorary Advisor to the Real Estate Developers Association of Singapore from 2005 to 2013 and is a member of the Singapore Institute of Directors since January 2000.

Mr Ricky Sim is currently  also  an  Independent, Non-executive Director and Chairman of the Nominating Committee of both Lafe Corporation Ltd & Soo Kee Group Ltd.

 

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COMPANY INFORMATION

Listed Date 22 Jul 2004

Address 65 Tech Park Crescent
Singapore 637787

Telephone (65) 6264 4338

Facsimile (65) 6863 2035

Email info@metechinternational.com

No. of Click Rate

39374