LTKM to go into electronic manufacturing services

PETALING JAYA: LTKM Bhd has put forward a series of proposals to divest its existing business to its major shareholder and venture into the provision of electronic manufacturing services (EMS) via the acquisition of Local Assembly Sdn Bhd.

In a statement, loss-making LTKM proposed that its major shareholder with a 71.6% stake, Ladang Ternakan Kelang Sdn Bhd, acquire its chicken egg production operations for RM158.83mil.