iConn likely to contribute positively to Cape EMS

PETALING JAYA: The acquisition of US-based company iConn Inc is expected to bode well for Cape EMS Bhd as it will allow the group to benefit from the former’s present business and tackle new opportunities, according to UOB Kay Hian (UOBKH) Research.

The research house said the acquisition would reflect positively on Cape EMS’ future earnings.