KUALA LUMPUR: Kelington Group Bhd's order book of RM122 million will be sufficient to sustain the group, which provides ultra high purity gas and chemical delivery systems, until 2012.
Its chairman and chief executive officer, Raymond Gan Hung Keng, said on Tuesday, June 14 the company expected to increase the order book following the recovery in the semiconductor industry which recently saw an increase in capital expenditure.
'Furthermore, the increasing investments in the renewable energy sector in this region augur well for our group,' he said after the shareholders meeting.
Kelington's core activities are UHP gas and chemical delivery systems, encompassing design, installation, equipment, quality assurance and maintenance.
Its clients are in the high-TECHNOLOGY [] industries including flat panel display and wafer fabrication sectors, solar energy, light emitting diode and bioscience sectors.
For FY ended Dec 31, 2010, about 52% of group revenue or RM84.5 million was from the overseas markets.
Kelington aims to transfer its listing status to the Main Market of Bursa Malaysia Securities Bhd from the ACE Market.
'The proposed transfer will not only be an attractive investment proposition to institutional investors but also better reflect our market position as we cast our net to extend the reach to multinational corporations in Malaysia as well as regional customers,' said Gan.
Wafer fabrication and flat panel display fabrication processes require consistent and high quality yields.'' A UHP system involves contamination levels of less than one (1) ppb (or 1/109) of foreign materials.
Its chairman and chief executive officer, Raymond Gan Hung Keng, said on Tuesday, June 14 the company expected to increase the order book following the recovery in the semiconductor industry which recently saw an increase in capital expenditure.
'Furthermore, the increasing investments in the renewable energy sector in this region augur well for our group,' he said after the shareholders meeting.
Kelington's core activities are UHP gas and chemical delivery systems, encompassing design, installation, equipment, quality assurance and maintenance.
Its clients are in the high-TECHNOLOGY [] industries including flat panel display and wafer fabrication sectors, solar energy, light emitting diode and bioscience sectors.
For FY ended Dec 31, 2010, about 52% of group revenue or RM84.5 million was from the overseas markets.
Kelington aims to transfer its listing status to the Main Market of Bursa Malaysia Securities Bhd from the ACE Market.
'The proposed transfer will not only be an attractive investment proposition to institutional investors but also better reflect our market position as we cast our net to extend the reach to multinational corporations in Malaysia as well as regional customers,' said Gan.
Wafer fabrication and flat panel display fabrication processes require consistent and high quality yields.'' A UHP system involves contamination levels of less than one (1) ppb (or 1/109) of foreign materials.
No comments:
Post a Comment