CGS-CIMB Research starts coverage of EMS sector, Overweight rating

VS Industry Bhd plant in Senai inudstrial area, Johor. CGS-CIMB Research said VSI, SKP and ATA form part of the backbone of a well-entrenched supply chain in Malaysia for a large common customer,

KUALA LUMPUR: CGS-CIMB Equities Research has initiated coverage on the Malaysian electronic manufacturing services (EMS) sector with an Overweight rating.

It said on Monday it has an Add rating on all three of the largest Malaysian EMS companies which are VS Industry Bhd (VSI), ATA IMS Bhd (ATA) and SKP Resources Bhd (SKP).