Singapore Stock Market News
Memtech International - Riding The Automotive Boom
StockFanatic
Publish date: Wed, 15 Apr 2015, 12:16 PM
StockFanatic
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We would like to highlight a potential beneficiary of the automotive boom, Memtech, a component manufacturer that is transiting from keypads to automotive components. With the global automotive industry experiencing robust growth and recovery in China and the US, we continue to expect strong revenue growth from its automotive business in the coming years, though it already posted 52% revenue growth in 2014. We believe Memtech will be a company to watch out for.
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