The Company was incorporated on 14 February 1981 as a private limited company under the name Majestic Manufacturing Pte Ltd before it changed its name to York Pacific Hldgs Pte Ltd on 31 March 1992. It became an investment holding company to acquire wholly-owned subsidiaries of York Trailer Overseas Ltd which in turn was a subsidiary of York Trailer Hldgs PLC which went into receivership. It became York Pacific Hldgs Ltd when it was converted into a public limited company on 18 June 1994. The principal activities of the subsidiaries include the manufacture of trailer axles, the assembly of trailer suspension kits and the distribution of a range of truck and trailer components in the Asia Pacific and Middle East regions as well as South Africa.In 1995, Wassall Plc, through Aranburgh Hldgs Pte Ltd, acquired a controlling stake in the Company. It took the name Wassall Asia Pacific Ltd 1996. It became Baker Technology Ltd on 10 July 2000, upon the acquisition by Saberon Investments Pte Ltd.