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KUALA LUMPUR: Companies that recently made headlines include PLS Plantation, DNeX, Sapura Energy, Tex Cycle, Exsim, Teo Seng and KESM, said Apex Securities Research.
Integrated circuits burn-in and test service provider KESM Industries Bhd has reported a net profit of RM138,000 for its second quarter ended Jan 31, 2024 (2QFY2024), compared with a net loss of RM720,000 a year earlier, on the back of higher sales generated from processing automotive chips.
KUALA LUMPUR: KESM Industries Bhd is well-equipped to meet its customers' evolving needs for more advanced chips, with the majority of its recent equipment investments now certified for volume production.
The FBM KLCI hovered at its highest since mid-2022 at Monday's midday break, having see-sawed during the morning session, against the backdrop of slower-than-expected economic growth in the fourth quarter of 2023.
KUALA LUMPUR (Jan 5): Tech stocks were among top gainers on Bursa Malaysia at noon break on Friday, after the US-based industry association SEMI reported that the global semiconductor capacity was forecast to hit a record high in 2024.