Matex Internation Limited was incorporated on 30 September 1989 and started its operation in Singapore with a name of Matex Specialty Chemical Pte Ltd under the leadership of Dr. Alex Tan Pang Kee. The company is mainly involving in businesses of manufacturing, formulation and sale of textile dyestuffs and auxiliaries for the textile industry.
(Cited http://www.matex.com.sg/index.php?option=com_content&view=article&id=2&Itemid=2&lang=si, 05 December 2011)
Matex has been listed in Singapore Stock Exchange main board since Feb, 2004 with its headquarter in Singapore. The company core business is selling reactive dyestuffs, auxiliaries and sale of some 3rd party products as a support service to its value customers in textile industry. The total assets of the company is more than SGD 100 million with estimated net profit more than SGD 50 million. Matex has around 400 employees in few subsidiaries in few regions and country such as Singapore, Malaysia, and China while there are quite a number of distributors and agents all over the world. Its main 2 manufacturing plants are locating in China producing 30,000 metric tons of reactive dyestuffs and another plant is for production of textile auxiliaries, those supporting both local and international markets.
(Cited http://www.matex.com.sg/index.php?option=com_content&view=article&id=2&Itemid=2&lang=si, 05 December 2011)
There are several important awards have been obtained by Matex International Limited as per below, as per stated in http://www.matex.com.sg/index.php?option=com_content&view=article&id=2&Itemid=2&lang=si:
“Singapore SME (Small Medium Enterprise) 500, Singapore SME 500 Highest Net Profit Enterprise, Singapore Enterprise 50, Singapore 1000 Enterprise. With its subsidiaries and affiliates also receiving China Chemical Top 500 – Best Performing Top 100, China Top 500 Economic Development and China Chemical Most Potential Growing Chemical Company.”
References: Unknown Author, Matex International Limited – About Us [Online] Available http://www.matex.com.sg/index.php?option=com_content&view=article&id=2&Itemid=2&lang=si Unknown Author, Matex International Limited – About Us [Online] Available http://www.matex.com.sg/index.php?option=com_content&view=article&id=19&Itemid=9&lang=si Noe and others, Human Resource Management, Gaining a Competitive Advantage. 7th Edition. New York: McGraw-Hill. Dr. Fang.L.C., 2010. Human Resource Management: How Does the HR Strategy Support An Innovation Oriented Business Strategy? An Investigation of Institutional Context and Organizational Practices in Indian Firms. (Online) 49 (3), pp.377-400. Available from: www.interscience.wiley.com/10.1002/hrm/20356. Cited 12 December 2011.