Better prepared for stronger ringgit


Record year: A worker at the MMSV Bayan Lepas plant checking out test equipment for the automotive and semiconductor industries. It was a record year for MMSV in the FY17 when it more than doubled its revenue to RM75.57mil from RM35.58mil in the previous year.

MMS Ventures Bhd (MMSV) will be able to withstand the effects of a strengthening ringgit more than other technology stocks.

This is because the company says it has much less exposure to exports compared to other technology exporters in Malaysia.

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Business , MMSV , technology , smart devices , automotive , LED

   

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