Expansion to contribute to Cape EMS growth

PETALING JAYA: Electronics manufacturing services (EMS) company Cape EMS Bhd, en route to a Bursa Malaysia listing next month, has “robust” growth prospects, backed by its expansion plans.

TA Research said, in a report, that at an initial public offering price of 90 sen per share, it is priced at a trailing price earnings of 31.6 times 2021 earnings per share (EPS).