JF Technology buys 80% stake in Singapore-based firm for RM6mil


PETALING JAYA: JF Technology Bhd, via wholly-owned subsidiary, JF International Sdn Bhd, is acquiring an 80% stake in Q3 Probe Pte Ltd (Q3) from Spire Manufacturing Inc for RM6mil, with an option to acquire the remaining 20% stake by Dec 31, 2027.

In a filing with Bursa Malaysia, JF Technology said Q3, a probe card manufacturing specialist based in Singapore, delivered a net profit of approximately RM767,000 in its financial year ended Dec 31, 2024.

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JF Technology , semiconductor , acquisition

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