Posted by Michael Kwok > 2019-03-30 00:25 | Report Abuse

The above target price is for business recovery to smaller losses. The products are used in the automated test equipment and automated production line of electronic manufacturing service companies. “We are now in a better position to capture a bigger market share of the automated test equipment business due to the investment made three years ago. “We have invested so far RM30mil for the two manufacturing plants in Bayan Lepas. This investment has enable us to secure more orders from multinational corporations (MNCs). “In 2019, we expect a 30% growth in our production output, which will help the group to return to the black,” he added. Choong said about 90% of the delivery is to MNCs in the country, while the remainder is for MNCs in Singapore. “The bulk of the precision parts and components are used in automated test equipment such as sputtering machine and pick and place equipment. Sources:https://www.atsys.com.my/at-systemization-gets-orders-worth-rm21mil/