PETALING JAYA: Cape EMS Bhd
has reaffirmed its full commitment to its Smart Infrastructure and Renewable Energy Project in Perak, clarifying that recent volatility in the share price of its partner Perak Transit Bhd has no bearing on its own financial position or project execution capabilities.
In a statement, the electronic manufacturing services (EMS) and engineering solutions provider said its cooperation with Perak Transit is confined to a jointly announced initiative to develop smart bus stop systems and an electric vehicle (EV) hub in Ipoh, both designed to support Malaysia’s clean energy transition.
