About Us - Corporate Milestones
2025
Completion of the construction of UAE facility
Completion of disposal of a wholly-owned subsidiary, Pemac Pte Ltd
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
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