Success Transformer seen benefiting from LED street lights plan

PETALING JAYA: Industrial lighting manufacturer Success Transformer Corp Bhd (STC) is expected to benefit from the government’s plan to replace street lights nationwide with light-emitting diodes (LED) street lighting.

According to an initiation report by CGS-CIMB, 80% of street lamps in Malaysia are not LED-based and an estimated minimum of 872,269 street lights may be changed under this initiative.