XMH Holdings Ltd. (“XMH” or the “Group”) began in 1955, as a small machinery repair and maintenance shop at Kitchener Road, and listed on the Mainboard of the SGX-ST on 26 January 2011. With a history of over 60 years, XMH is a reputable and trusted name as a diesel engine, propulsion and power generating solutions provider to a diverse customer base in the marine and industrial sectors across Asia.
Over the years, the Group has expanded its primary product offerings to include distributorship, agency and dealership rights from prominent names such as Mitsubishi, Akasaka and Kamome (Japan), Hyundai Machinery, D-I and Doosan (South Korea), SOLÉ, Korsør, Reintjes, CENTA (Europe) and Siemens (Germany).
The Group continued to advance, scaling up the value-chain with the introduction of “AceGen”, its in-house range of power generating sets, and “XMH IPS”, a one-stop integrated solution to vessel owners requiring diesel engine (or electricity) driven propeller-based propulsion systems to power its vessels.
Subsequently, the Group successfully acquired Mech-Power Generator Pte Ltd (“MPG”) which diversified its primary business through added exposure to different markets and expanded its offering to include industrial and commercial applications.
With these acquisitions, XMH’s business activities can be broadly categorised into
- Distribution and provision of value-added products and services;
- After sales services, trading and others, and;
- Projects, which comprise the assembly and installation of standby generator sets and provision of related services.