Frontken transfers from MESDAQ to Main Board of Bursa Malaysia
Frontken has received approval from the Securities Commission to transfer its listing from the MESDAQ market to the Main Board of Bursa Malaysia Securities Bhd. As part of the transfer exercise, Frontken has proposed a 2-for-5 bonus issue of up to 209 million new ordinary shares of 10 sen each to be credited as fully paid up.
Posted - 22/08/2008 | Read Articles | Read Announcement
Alliance with Carboline / 40pc Growth in 2008
Frontken has signed business alliance with Carboline Group, a US based protective coatings manufacturer. The alliance is expected to enable the company to offer higher margin services and broaden its customer base. Frontken also expects 40pc growth for FY ending December 2008 as more oil & gas sector companies adopt its coating technologies for protection of their machines and equipments.
Posted - 26/05/2008 | Read Articles
Tie-up with Balazs NanoAnalysis
Frontken has established a strategic partnership with Balazs Nanoanalysis, a unit of Air Liquide Electronics, to provide nano-level contamination control services for the advanced microelectronics and process industries in South East Asia and Taiwan. The nano-analysis service would benefit advanced microelectronics & process industries in helping them optimize their quality control methods, andultimately improve production yield.
Posted - 12/05/2008 | Read Articles
Frontken to assume full control of Kuching Plant
Frontken Corporation Bhd has proposed to acquire the remaining 41.88% stake in Frontken-AMT Engineering Sdn Bhd (FAMT) it does not already own for RM2.55 million. The Kuching plant posted 50% compounded annual growth from 2004 to 2007 and contributed 7% to group revenues in FY2007. Frontken said pursuant to the proposal, its Kuching plant, under FAMT would focus its efforts on growing its customer base particularly in the oil and gas sector.
Posted - 16/04/2008 | Read Articles
Frontken Singapore to invest RM22m in IDR, Malaysia
Frontken Singapore Pte Ltd will invest US$6.8mil
(RM21.76 million) to set up a service plant
in the Iskandar Development Region (IDR)
in Johor. The plant, with a built-up area of 28,162 sq
ft in Nusa Cemerlang Industrial Park, is expected to start operations by the
end of 2008. The plant will serve the oil and gas industry.
Posted - 07/04/2008 | Read Articles
Frontken makes headway into China
Frontken Corp Bhd has tied up with Taiwan-based Marketech International Corp to form a joint venture company in Hong Kong, to be called Frontken MIC Co Ltd, which in turn will own Frontken MIC (Wu Xi) Co Ltd to be based in China.
Posted - 28/11/2007 | Read Articles
Frontken to move into China Market
FCB, which plans to be transferred to Bursa Malaysia's Main Board by the first quarter of next year, will be making its way into China soon. The company has identified Wuxi, China, as a base for its expansion plan and is in the midst of implementing it.
Posted - 27/09/2007 | Read Articles
Frontken signs cross-licensing agreement with US firm, Cincinnati Thermal Spray
The tie-up would allow for the cross licensing of technologies between both companies, enabling them to utilise technologies developed by each other for their customers. Posted - 26/09/2007 | Read Articles
FMSB Targets ISO 14001 Certification
To comply with stringent quality requirement from our customers in the Semicon industry,
The Precision Cleaning Division of Frontken Malaysia Sdn Bhd aims to be ISO 14001
Certified by End-October 2007. | Posted - 30/08/2007
- Business Management Policy
- Environment, Health & Safety Policy
Frontken raises stake in Ares to 42.11%
Frontken Corporation Bhd has increased its stake in Ares Green Technology Corporation by 9.75% bringing its total equity-stake to 42.11%.
Frontken said in a statement yesterday that it had signed an agreement with Evergreen Development Corporation and Green Steel Structure Corp to purchase 2.9million shares of NT$10 each in Ares for NT108.2 milion (RM 11.44million) cash. "We believe that this acquisition opens gateway for Frontken to tap into and also actively participate in the high growth prospects in this region" said Frontken executive chairman-cum-managing director Willie Wong.
Ares reported a pre-tax profit of NT$152.9 million on revenue of NT$604.9 million for last financial year (FY06). According to the statement, the Semiconductor Industry Association said the prospects for the global semi-conductor industry remained 'bright' due to high demand. The global industry is estimated to be worth US$252 billion in 2007 and would gradually rise to US$306 billion in 2010 | Read Articles | Posted - 10/08/2007
Frontken joins Elliott Ebara at OGA2007
Frontken extends support to Elliott Ebara's exhibition booth at Oil & Gas Asia 2007 which was held at the Kuala Lumpur Convention Centre between the 13th & 15th of June 2007. | Photos | Posted - 16/06/07
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