LTKM jumps on the EMS bandwagon

TheStar Sat, Apr 16, 2022 07:50am - 2 years View Original


THE latest listed company to jump on the electronic manufacturing services (EMS) bandwagon is loss-making chicken egg producer LTKM Bhd.

The company has become subject to a reverse takeover by an EMS player called Local Assembly Sdn Bhd which is based in Gelang Patah, Johor.

Local Assembly was set up in 2000 and manufactures electronic, electrical and plastic injection moulded components and its main business comes from three multinational firms located in Singapore and Malaysia.

The question is, is LTKM getting into the game too late?

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