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Restructured Beyonics seeking investment opportunities

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Mr Shaw says that going forward, Beyonics will focus on its higher-margin businesses of making components for the medical and automotive sectors, where operating profit margins can be 8-12%

Singapore

THREE years after loss-making local contract manufacturer Beyonics Technology was acquired by private equity firm Shaw Kwei & Partners, it is now profitable for its financial year ended Dec 31, 2014, has no debt, and is looking for investment opportunities.

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