Pick-up in air travel to benefit SAM Engineering

SAM Engineering also manufactures parts for the aerospace industry – its main income earner before Covid-19 hit demand as clients reduced aircraft production due to disruptions in air travel. Fortunately for SAM Engineering, the semiconductor sector was seeing an upcycle, resulting in a healthy pipeline of orders for its equipment business.

PETALING JAYA: Low-profile Sam Engineering & Equipment (M) Bhd is not one of the first names that comes to mind when talking about semiconductor-related stocks on Bursa Malaysia.

But that seems to be slowly changing, at least going by how investors have been increasingly buying the counter.