automotive industry

InnoTek subsidiary increases capital to $4.8 mil from $3.1 mil - THE EDGE SINGAPORE

Company in the news

InnoTek subsidiary increases capital to $4.8 mil from $3.1 mil

The increase in capital is not expected to have any material impact on the company for the financial year ended Dec 31, 2020.

Broker's Calls

CGS-CIMB initiates coverage on Innotek with 'buy' on strong balance sheet, attractive yields

SINGAPORE (June 11): CGS-CIMB Research analyst William Tng has initiated coverage on mainboard-listed precision metal part maker Innotek with an “add” call and target price of 57.9 cents, representing an upside of 52.5% for the stock. 

Company in the news

MeGroup uses two 'engines' to capture bigger share of growing Malaysian car market

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Trump hits Toyota in latest broadside against carmakers and Mexico

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