Globetronics inks deal with India’s KSP


PETALING JAYA: Globetronics Technology Bhd has entered into a technology provision agreement with India-based Kaynes Semicon Private Ltd (KSP) to provide technical services in respect of outsourced semiconductor assembly and testing business to KSP for RM35.9mil.

In a filing with Bursa Malaysia, Globetronics said it would also re-invest RM24.98mil into KSP subject to the execution of a subscription agreement.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

PNB, GLICs to develop 10 bumiputera champion firms by 2030
World Bank: Malaysia shows strong progress in reducing poverty, must now focus on inclusive growth
Nestl� for Healthier Kids marks 15th anniversary, aims for 500,000 students by 2030
Johor a top regional hotspot
Flooring to beat Malaysia’s heat
URA: Why it deserves support
E-invoice exemption threshold up to RM1mil starting 2026, says PM
Ringgit to remain steady, trade within 4.10-4.12 versus greenback next week
Majuhome� built to last
Genting’s high-stakes double-edged win

Others Also Read