In the early 1980s, Ann Aik Pte Ltd made a strategic move to specialize in the sale and distribution of stainless steel products due to less competition and higher profit margin. In 1989, the Company was appointed as an exclusive distributor of stainless steel butt-weld pipe fittings by a Japanese manufacturer. The Company also distributes and sells other stainless steel piping products, such as pipes, flanges, valves and fittings. Currently, the Company has approximately 10,000 different items stored in its Singapore warehouse to enables it to be one-stop supply centre for customers sourcing for stainless steel piping products.

On 4 September 2003, Ann Aik Pte Ltd was listed on the Singapore Stock Exchange and changed its name to AnnAik Limited. The successful listing of the Company’s shares marks a significant milestone in its corporate history.

Over the years, the Company has been strengthening its business and in early 2000s, it expanded upstream into manufacturing of steel forged flanges in PRC. Todate, the Company has one plant in Malaysia which manufacture stainless steel and carbon steel forged flanges.

The Company has also ventured into environmental business in 2005 by securing contracts to build wastewater treatment plants in PRC. Todate, the Company has 8 wastewater treatment plants in PRC under Build-Own-Transfer (“BOT”) or Build-Own-Operate (“BOO”) concept and 1 rural wastewater business under PPP model. In 2010, the company set up an environmental technology and engineering company in Singapore to undertake consulting services in water resource management for governmental and commercial operators. In 2015, the Company also venture into construct and supply of rural wastewater treatment equipment in PRC to further enhance its environmental and engineering division.