PETALING JAYA: Ire-Tex Corp Bhd is set to penetrate the light-emitting diode (LED) market having recently completed its acquisitions of Zoomic Automation Sdn Bhd and Zoomic Technology Sdn Bhd.
To this end, the Penang-based company which paid some RM16mil for both companies is believed to have obtained a contract worth more than RM100mil from a local firm, to produce energy-saving LED lights for overseas markets.
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