PRESS RELEASE: WONG FONG INDUSTRIES’ REVAMPED S$30 MILLION FACILITY REFLECTS ITS FOCUS ON GROWTH, INNOVATION AND SUSTAINABILITY

  • Guest-of-Honour, Deputy Prime Minister, Mr Tharman Shanmugaratnam, joins in the grand opening of this revamped building
  • Built-up area more than doubled to greatly enhance production and assembly capabilities

SINGAPORE, 28 September 2016 – Wong Fong Industries Limited （黄芳工业有限公司） (“Wong Fong Industries” or the “Company” and together with its subsidiaries, the “Group”), one of Singapore’s leading providers of land transport engineering solutions and systems, today officially opens its revamped and expanded corporate headquarters and production facility at 79 Joo Koon Circle.

Deputy Prime Minister and Coordinating Minister for Economic and Social Policies, Mr Tharman Shanmugaratnam, is the Guest-of-Honour.

The premise, which is valued over S$30 million after the completion of the revamp, reflects the Group’s integrated approach to reinforce its industry leadership position and its focus on innovation and sustainability. With the doubling of its built-up area to approximately 128,000 square feet (“sq ft”), Wong Fong Industries’ production and assembly capabilities will be expanded and enhanced, largely to support the production of innovative products and solutions developed by the Wong Fong Research and Innovation Centre (“WFRIC”). WFRIC was established in 2013 to envision, engineer, and implement smarter solutions for the engineering industry, particularly in the Military, Urban material regeneration, Specialised vehicles and Electric-mobility (“M.U.S.E”) sectors.

Mr Eric Lew (刘振荣), Executive Director of the Group, said, “Our expanded and revamped premise reflects our commitment to research and innovation, which will continue to allow us to play a leading role in bringing game-changing ideas and cutting-edge solutions to the M.U.S.E sectors that we are focusing on.”

The revamped premise has significant usage of solar energy. With the installation of approximately 20,000 sq ft of solar panels on the roof of the building, up to 30% of the Group’s electricity requirement will be powered by solar energy.

The building’s rooftop will also house a large expanse of garden with green plants to improve heat insulation for the building, as well as an innovative system to harvest rainwater for irrigation of the plants.

“The environmentally-friendly features like the use of solar panels for electricity generation and the ‘greening’ of the building’s rooftop are marks of our drive to develop a sustainable business. We are one of the early adopters of such building features in our industry and we believe this will help position Wong Fong Industries as a forward-thinking market leader,” added Mr Lew.

###

Issued for and on behalf of Wong Fong Industries Limited

August Consulting

Tel: 65 6733 8873

Karen Ting, karenting@august.com.sg

Jeremy Sing, jeremysing@august.com.sg

Benjamin Ong, benong@august.com.sg