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aws试用账号(www.2km.me)_Coraza optimistic on semiconductor industry

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Managing director Lim Teik Hoe said demand would be coming from the telecommunications industry, as well as the automotive and aerospace sectors.

PETALING JAYA: Integrated engineering supporting services provider, Coraza Integrated Technology Bhd, which is set to be listed on Bursa Malaysia’s ACE Market, is optimistic about its prospects for 2022 following the rapid growth in the semiconductor industry.

Managing director Lim Teik Hoe said demand would be coming from the telecommunications industry, as well as the automotive and aerospace sectors.

“The rush into the fifth-generation (5G) network has provided enough support for the semiconductor industry, and this is only one segment of the telecommunications sector.

“As for the automotive sector, the days of petrol cars are numbered. We are moving to electric cars and electric trains which are controlled by a system, and this will eventually create demand for the semiconductor industry,” he told a press conference on the launch of the company’s prospectus.

Lim also said the aerospace sector will make a comeback within two years after the pandemic and generate demand for the semiconductor sector.

Coraza expects to raise RM33mil from its initial public offering (IPO) through its listing on Jan 20, 2022.

The IPO is open for subscription from yesterday to Jan 6, 2022.

Of the proceeds, RM15.5mil or 47% will be used to purchase new machinery over the next three years for its existing and new factory in Nibong Tebal, Penang.

A further RM6.4mil or 19.5% of the proceeds will be used to part-finance the construction of a new factory. — Bernama


转载说明:本文转载自Sunbet。

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