PETALING JAYA: Texchem Resources Bhd
’s valuation is yet to reflect the potential gains it could make from the supply tightness in the hard disc drive (HDD) space and expansion of its food division.
RHB Research stated the HDD market is experiencing shortages, driven by artificial intelligence-related storage demand and limited production capacity, which could help drive sales for Texchem’s polymer engineering division, which supplies most of the plastic packaging to HDD customers.
