Aemulus proposes China JV

TheStar Sat, Apr 11, 2020 10:00am - 4 years View Original


The semiconductor test equipment maker told Bursa Malaysia yesterday that it had entered into a joint venture agreement (JVA) with Tangren Microtelligence Technology Co Ltd.

KUALA LUMPUR: AEMULUS HOLDINGS BHD has proposed to set up a joint venture in China in a move to monetise its intellectual property (IP) rights and expands its business.

The semiconductor test equipment maker told Bursa Malaysia yesterday that it had entered into a joint venture agreement (JVA) with Tangren Microtelligence Technology Co Ltd.

“The proposed joint venture serves to affirm Aemulus’ maiden step to strengthen its presence in mainland China, ” it said.

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