frencken

Malaysia-based advanced manufacturing packager expects to hire 40 people to support Singapore R&D efforts

The technology solutions provider posts a 20.2% drop in net profit

Revenue for the period is up 2.9% year on year at S$433.7 million

Over the five trading sessions,from Nov 28 to Dec 4, more than 80 director interests and substantial shareholdings were filed

Revenue up 6.5% at S$211.5 million from S$198.6 million, driven mainly by mechatronics division

Revenue for the period is up 15.7% year on year to S$431.4 million

The new facility will allow the group to scale up its business with key wafer fab equipment customers

It says it is aware of trade restrictions that could hurt the tech sector, but holds a positive outlook for the longer term

A S&P report noted that Frencken, UMS and AEM were among the top five most shorted stocks on the Singapore bourse