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KUALA LUMPUR: Investment holding firm, KESM Industries Bhd plans to inject more capital into its semiconductor devices testing unit, KESM Test (M) Sdn Bhd, once it completes the acquisition of the remaining stake it does not own in the latter.
PETALING JAYA: KESM Industries Bhd’s shares took a hit after a research house downgraded the stock from a “buy” to a “hold”.
PETALING JAYA: KESM Industries Bhd, which is the largest independent burn-in service company in Malaysia, saw its net profit declining to RM8.05mil during its fourth quarter ended July 31, 2016 (Q4’16) from RM10.45mil a year ago due to higher expenses and exchange rate variations.