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About Wearnes

Wearnes (WBL Corporation Limited) is a dynamic international group with key activities in technology, automotive distribution and investments which include property and trading.

Wearnes is ranked among the top 100 companies by market capitalisation on the Singapore stock exchange and has revenues of $2 billion with operations in many countries, including Singapore, Malaysia, Thailand, China, the United Kingdom and the United States.

The Group is one of the world’s leading producers of Flexible Printed Circuits, found in some of the most widely used consumer products such as mobile phones and medical instruments. It owns 54.8% of NASDAQ-listed M-Flex, one of the few global companies that can provide seamless, integrated, end-to-end solutions for quick-turn prototypes through high volume production.

In automotive distribution, Wearnes’ dealership includes eight world-renowned brands – Volvo, Jaguar, Renault, Bentley, Mazda, Volkswagen, Chevrolet and Bugatti. In Singapore and Hongkong, it is Volvo’s sole distributor.

The Group continually reviews and upgrades its investment portfolio as it strives to optimize returns for shareholders. Property forms a significant part of Wearnes’ investment portfolio. Wearnes has plans to redevelop a strategically located 364,000 sq m site in Chengdu, China into a high-end residential project. The Group is also working with GIC Real Estate to develop a prime commercial-residential property project on the 33,473 sq m along the Golden Corridor of the city of Shenyang, China.

Growing from a family-owned automotive dealer in the early 1900s to the multi-national conglomerate today, Wearnes marked its centennial milestone in 2005.

 

 

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