According to Hong Leong Investment Bank (HLIB) Research, Frontken is likely to register multi-year growth ahead on the back of sustainable global semiconductor market outlook, robust fab investment, leading edge technology (seven nanometres and below), and strong balance sheet with net cash of RM332mil or 21 sen per share to support its Taiwan expansion.
PETALING JAYA: Frontken Corp Bhd
’s unique exposure to leading-edge semiconductor front-end supply chain remains positive, and will continue to drive the company’s growth.
According to Hong Leong Investment Bank (HLIB) Research, Frontken is likely to register multi-year growth ahead on the back of sustainable global semiconductor market outlook, robust fab investment, leading edge technology (seven nanometres and below), and strong balance sheet with net cash of RM332mil or 21 sen per share to support its Taiwan expansion.
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