JHM set to soar in the lighting sector

GEORGE TOWN: JHM Consolidation Bhd plans for its new aerospace business segment to be a major contributor to the group’s revenue by the second half of 2017, riding on a projected compounded annual growth rate (CAGR) of 5.08% for the aircraft lighting industry.

Group deputy managing director Khor Thean Lee told StarBiz the group aimed to produce light-emitting diode (LED) systems for aircraft cabins and precision aircraft parts, leveraging on its vast experience in assembling automotive LED modules and making precision telecommunication and consumer electronic components.