Group chief executive officer CH Ong told StarBiz that despite the Covid-19 outbreak, the orders from customers have not contracted. “The shipment for 2019 was around RM45mil.The market value of the product has increased because these are higher value orders which generate better margins, ” he said.
GEORGE TOWN: Foundpac Group Bhd
is on target to ship out test sockets, stiffeners and laser stencils with an approximate market value of RM50mil to semiconductor test equipment customers in the United States, Europe and China for the financial year ending June 30,2020.
Group chief executive officer CH Ong told StarBiz that despite the Covid-19 outbreak, the orders from customers have not contracted. “The shipment for 2019 was around RM45mil.The market value of the product has increased because these are higher value orders which generate better margins, ” he said.
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