Global Invacom Group

Company in the news

Global Invacom relocates China operations to the Philippines amid rising costs, warns of net loss for FY19

As one of the MNCs affected by US-China trade war tariffs, Global Invacom will completely cease operations in China and relocate to the Philippines by June.

M&A

Global Invacom in acquisition of Tactilis which could result in RTO

SINGAPORE (Oct 24): Global Invacom Group has entered into a conditional sale and purchase agreement to acquire 100% control of biometric system designer Tactilis which is valued at US$200 million ($280 million).

Results

Global Invacom's 3Q earnings down 1.6% to $937,000 on lower revenue

SINGAPORE (Nov 9): Global Invacom announced that 3Q17 earnings decreased 1.6% to US$ 687,000 ($937,000) compared to US$ 698,000 in 3Q16, ropelled by efficiencies following a restructuring of its China manufacturing operations.

Tech

Global Invacom to supply new-generation product to existing customer

SINGAPORE (Sept 6): Global Invacom Group, the satellite communications equipment provider, says it has received approval from one of its largest customers to supply a new triple-feed Low Noise Block (LNB) product covering the western US region.

Global Invacom says ‘live’ test of Broadcast WiFi technology a success

LONDON/SINGAPORE (Aug 23): Global Invacom Group, the satellite communications equipment provider, has successfully live-tested breakthrough technology that permits live, high quality and large-scale event video streaming over a Wi-Fi network.

Results

Global Invacom 2Q earnings surge nearly fourfold

SINGAPORE (Aug 10): Global Invacom Group announced 2Q17 earnings surged nearly fourfold to US$873,000 ($1.2 million) from US$225,000 in 2Q16, lifted by sales of the group’s newly designed Low Noise Block (LNB) products.

Global Invacom Fibre Integrated Reception System recognised by Malaysia for nationwide rollout

SINGAPORE (May 17): Global Invacom Group, the satellite communications equipment provider, says its Fibre Integrated Reception System (FibreIRS) has been recognised in Malaysia for its practicality, feasibility and reliability in providing solutions to fi

Results

Global Invacom swings back to profitability in 2Q

SINGAPORE (Aug 4): Global Invacom Group, the satellite communications equipment provider, reported 2Q16 earnings of US$0.2 million, compared to a net loss of US$1.9 million a year ago.
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