Former Morning Star subsidiary Tech Master, trading as TechCentral, has changed ownership and set out on a new path after last month’s receivership of its erstwhile parent company.
Tech Master country manager Ben Chen says a conditional agreement for the sale of 100 percent of the shares in Tech Master has been agreed between Morning Star receivers BDO Spicers and an overseas buyer, Hua Ting Chiu. Morning Star director Austin Chen was the former shareholder of Tech Master.
Companies Office documents show the settlement of the transaction between Morning Star and Chiu took place on 5 July.
Chen says Tech Master’s operations have been independent of its former parent since 2009.
“We were annoyed by the loss of customers from Morning Star so we began operating Tech Master’s business from premises in Penrose with different staff.”
Tech Master has 15 staff and began trading in 2005. It is the service provider for brands including Asus, AOC, Fujitsu and MSI.
Chen says it is not handling service or warranties for customers affected by the Morning Star receivership.
“They will need to contact BDO Spicers or the distributors [such as Ingram Micro].”
He says Tech Master’s financial position remains strong and it will be business as usual after the ownership change.
“The purchaser of Tech Master has retained the current management team and staff to ensure that the high quality of service is maintained with the change of ownership causing minimal disruption to the company’s operations.
“Tech Master has received positive feedback with regard to its level of service and personnel from vendors and customers.”