KUALA LUMPUR (April 5): Greatech Technology Bhd said it has secured its first purchase order in the United States from a new electric vehicle (EV) customer for equipment to produce lithium-ion battery cells.
“This new order confirms that our customer has confidence in our technology, quality and reliability of our high-tech equipment,” the industrial automation solutions provider said in a statement.
The identity of the customer and the value of the purchase order were not disclosed.
On Feb 2, Greatech announced that it has, via its unit Greatech Integration (USA) Inc, teamed up with US-based company Atlis Motor Vehicles to assist Atlis to develop an electric vehicle battery pack assembly production line at its headquarters located in Arizona.
are among the stocks to watch on Wednesday, according to JF Apex Research.
Lembaga Tabung Angkatan Tentera (LTAT) has decided not to pursue the privatisation of Boustead Holdings at this juncture, after taking into consideration the current challenging economic environment arising from the Covid-19 pandemic and the reimplementation of Movement Control Order.
Bursa Malaysia’s net profit in its 4QFY20 stood at RM104.85mil, up 130% from RM45.56mil a year earlier, while revenue went up 78% to RM230.7mil from RM129.33mil, as trading revenue grew significantly for the securities and derivatives markets segment.
Greatech Technology via its unit Greatech Integration (USA) Inc has teamed up with US-based company Atlis Motor Vehicles (ATLIS) to assist ATLIS develop an electric vehicle battery pack assembly production line at its headquarters located in Arizona.
KUALA LUMPUR (Feb 2): Industrial automation solutions provider Greatech Technology Bhd via its unit Greatech Integration (USA) Inc has teamed up with US-based company Atlis Motor Vehicles (ATLIS) to assist ATLIS develop an electric vehicle battery pack assembly production line at its headquarters located in Arizona.
ATLIS is a start-up mobility technology company that is developing a fully electric vehicle platform, proprietary battery cells and packs, and the necessary charging infrastructure to recharge a 500-mile range battery in less than 15 minutes, according to a statement to Bursa Malaysia today.
Currently, ATLIS is nearing the advanced stage of its battery pack development that meets all necessary specifications and intends to move to small-scale production at its headquarters in Arizona.
KUALA LUMPUR (Feb 2): Based on corporate announcements and news flow today, companies that may be in focus tomorrow (Wednesday, Feb 3) include: Boustead Holdings Bhd, Pharmaniaga Bhd, Bursa Malaysia Bhd, RHB Bank Bhd, Greatech Technology Bhd, Genting Malaysia Bhd (GenM), S P Setia Bhd, Lii Hen Industries Bhd, Bintai Kinden Corp Bhd, TCS Group Holdings Bhd, Willowglen MSC Bhd and Westports Holdings Bhd.
Lembaga Tabung Angkatan Tentera (LTAT) has decided not to pursue the privatisation of
Boustead Holdings Bhd at this juncture, after taking into consideration the current challenging economic environment arising from the Covid-19 pandemic and the reimplementation of Movement Control Order.