About Us - Corporate Milestones

2025
Completion of the construction of UAE facility

Completion of disposal of a wholly-owned subsidiary, Pemac Pte Ltd
2024
Disposal of entire shares in MMA Offshore Limited
2023
Commenced construction of new facility in the UAE

Relocation of Singapore headquarter to Tuas South following proposed disposal of Pandan property
2022
Strategic collaboration with Cameron Singapore, a Schlumberger company
2019
Disposal of the property, rights and assets and entire business of Neptune Marine Services Limited in Australia for a combination of cash consideration and shares in MMA Offshore Limited
2018
Acquisition of Mid-Continent Equipment Group’s business of supplying and distributing oilfield equipment and spares and incorporation of Mid-Continent Distribution Pte Ltd
2016
Divestment of turbochargers and fuel injection businesses in Australia with the disposal of MTQ Engine Systems (Aust) Pty Ltd
2012
Acquisition of Neptune Marine Services Limited located in Perth, which provides engineering services with a focus of subsea and topside services and has operational presence in the UK and Asia
2011
Acquisition of Premier Group located in Singapore, which repairs and manufactures oilfield equipment as well as supplies oilfield equipment and tools manufactured by some leading global brands
2009
Incorporated MTQ Oilfield Services W.L.L. in Bahrain to provide services to the oil and gas industry in Bahrain and Gulf states
2003
Metalock (Singapore) Limited (originally known as Metalock (Singapore) Pte Ltd) renamed to MTQ Corporation Limited and expanded into fuel injection business in Australia
2002
Divestment of marine related businesses
1999
Listed on SGX Mainboard and expanded into sales and repair of turbochargers business in Australia
1988
Listed on SGX SESDAQ
1969
Metalock (Singapore) Pte Ltd was incorporated as private limited company in Singapore and subsequently embarked on oilfield engineering, fabrication and equipment rental businesses
1959
Commenced operations in Singapore as Metalock (Far East) Ltd to set up a branch specialising in repairs of marine equipment