MMS order book rising


"We have set the end of October as the cutting off date for orders to come in for the financial year 2021 because of the movement control order that restricts us from operating at maximum capacity. “Usually, the deadline for orders is in late November,” said group managing director T K Sia. (File pic shows Sia checking testing equipment at the factory)

George Town: Riding on the surge in the global demand for semiconductor test equipment, MMS Ventures Bhd is optimistic of doubling its orders this year and achieving a double-digit percentage growth this financial year.

“The group’s order book is now about 75% filled up, and we expect more purchasing orders to come in over the next two months. We have set the end of October as the cutting off date for orders to come in for the financial year 2021 because of the movement control order that restricts us from operating at maximum capacity.

Subscribe or renew your subscriptions to win prizes worth up to RM68,000!

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

MMS , order book , double-digit growth , Sia , semiconductor ,

   

Next In Business News

Fire outbreak at Homeritz unit's factory in Muar
AmanahRaya REIT completes acquisition of private education property for RM31.4mil
Bermaz Auto posts weaker 2Q as competition grows in local market
Bursa Malaysia bucks regional trend to end slightly lower, CI stays above 1,600
GDB bags RM298mil logistics warehouse contract in Klang
Gamuda records higher 1Q net profit of RM205.39mi, orderbook hits record-high of RM30bil
YTL AI Labs releases Malaysian LLM
Paramount unit inks RM145mil acquisition of KL land for new high-end residential project
Sapura Energy's 3Q bottomline hit by forex losses
Asia stocks rally on Fed cut bets; Aussie jumps on jobs data

Others Also Read