- CEO
- Chee Kheong Wong
- Full Time Employees
- 9,987
- Sector
- Technology
- Industry
- Hardware, Equipment & Parts
- Address
- 5006 Ang Mo Kio Avenue 5 Singapore CE Singapore 569873
- IPO Date
- Feb 27, 2012
- Business
- Venture Corporation Limited (SGX: V03; OTC: VEMLF), founded in 1989 through the merger of three contract manufacturing firms and headquartered at TECHplace II in Singapore, serves as a leading global provider of technology services, products and solutions, with differentiated capabilities spanning research and development, product industrialisation, advanced manufacturing, supply chain management and product lifecycle services across diverse domains including life science and genomics, molecular diagnostics, medical devices and equipment, healthcare and wellness technology, lifestyle consumer technology, health improvement products, instrumentation, test and measurement technology, networking and communications, fintech, advanced industrials, computing, printing and imaging technology; the company operates over 30 subsidiaries through global clusters of excellence in Southeast Asia (Singapore, Malaysia including new 442,000 square-foot facility in Batu Kawan, Penang), Northeast Asia (China facilities in Shanghai, Suzhou and Jiangsu), America (Milpitas, California) and Europe (Barcelona, Spain), employing more than 12,000 people and managing a portfolio exceeding 5,000 products for over 100 customers including Fortune 500 corporations, with wholly-owned subsidiaries VIPColor Technologies Pte Ltd offering on-demand color label printing solutions and Advanced Products Corporation Pte Ltd providing embedded systems. In recent developments, Venture completed construction of its expansive Batu Kawan manufacturing facility to bolster capacity amid China+1 supply chain shifts, reported FY2024 revenue of S$2.74 billion (down 9.6% year-on-year) with net profit of S$245 million amid softer demand particularly in lifestyle consumer technology due to enhanced product reliability extending replacement cycles, achieved Q1 FY2025 net profit margin improvement to 9.1% through cost efficiencies and higher-value solutions despite 7.5% revenue decline to S$617 million, generated strong operating cash flows including S$190 million in 9M FY2025 while maintaining a net cash position of S$1.26 billion with zero borrowings as of mid-2025 to support dividends (proposed 75 S-cents for FY2024), share buybacks (completed repurchase of 2.53 million shares equating to 0.87% of issued capital) and investments in R&D and productivity enhancements, and continues securing new business wins in networking, communications, data centres, semiconductor tools and life sciences through strategic customer partnerships such as with Illumina for genome sequencing advancements and laboratory instrument firms for next-generation mass spectrometry.