Tatung and Voltamp

Forging Partnership Between MNCs (Tatung Co., and Voltamp)

Project Valued : USD 30 million

Year : 2007 - 2008

Client : Tatung, Taiwan and Voltamp Transformers Limited, Oman

Description


The project objective was to grow long-term partnership between the companies for technology transfer as a vehicle for business growth. With a new transformer technology transfer project in Oman, we developed the strategies for a foreign company with cost-effective manufacturing capabilities for mutual growth in identified areas. While the company was besieged with many potential countries for setting up, we strategized to convince them that Oman is the better country amongst their choices for them to pursue technology transfer in the power transformer segment.

Outcome


The successful Technology Transfer Project between the two companies resulted in the Omani company becoming the only Power Transformer Manufacturer up to 220K 315 MVA rating in the GCC countries. The company successfully IPO thereafter with more than 24 times oversubscription. The Chairman of Voltamp praised Mr. Nicholas Koh and Team as the White Knights of the Technology Transfer. (letter attached)