MMS order book rising


"We have set the end of October as the cutting off date for orders to come in for the financial year 2021 because of the movement control order that restricts us from operating at maximum capacity. “Usually, the deadline for orders is in late November,” said group managing director T K Sia. (File pic shows Sia checking testing equipment at the factory)

George Town: Riding on the surge in the global demand for semiconductor test equipment, MMS Ventures Bhd is optimistic of doubling its orders this year and achieving a double-digit percentage growth this financial year.

“The group’s order book is now about 75% filled up, and we expect more purchasing orders to come in over the next two months. We have set the end of October as the cutting off date for orders to come in for the financial year 2021 because of the movement control order that restricts us from operating at maximum capacity.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

MMS , order book , double-digit growth , Sia , semiconductor ,

   

Next In Business News

China set to keep lending benchmark LPRs unchanged in April
Gold rises as safe-haven appeal boosted by Israel's attack on Iran
MKH Oil Palm IPO oversubscribed by 8.4 times
Bank Negara adds four companies to Financial Consumer Alert list
Nissan cuts annual operating profit estimate by 14.5% on lower sales
Oil surges as reports of Israeli strike on Iran roil markets
Bitcoin slides below US$60,000 on reports Israel strikes Iran
Stocks sink, oil jumps after Israeli attack on Iran
Yinson Production successfully places US$500mil bond issue
EG Industries expands partnership with US-based R&D firm

Others Also Read