TT Vision secures RM15.32 million order for optical inspection equipment
The Penang-based vision equipment maker has landed another new contract, securing a purchase order worth RM15.32 million for automated optical inspection equipment. The latest order brings the company's total purchase orders this year to three, with delivery scheduled for completion within nine months of acceptance.
Highlights
- TT Vision Holdings Bhd has received a new RM15.32 million order for automated optical inspection equipment from an unnamed global opto-semiconductor manufacturer.
- The order is expected to be completed within nine months and follows an earlier RM9.5 million order in September and an RM3.62 million order this month.
- TT Vision shares rose 13.04% to 26 sen, with a market capitalisation of around RM125 million, and are up 21% since the start of the year.
This article was translated from the original. Read the original version by our correspondent here.
Order details and delivery schedule
According to The Edge Malaysia, as reported in its Bursa filing, TT Vision Holdings Bhd secured the purchase order from an unnamed global opto-semiconductor manufacturer.The company said the order covers automated optical inspection equipment. TT Vision previously received an order worth RM9.5 million in September for automated vision inspection equipment and test automation solutions, followed by an order worth RM3.62 million this month for automated optical inspection equipment.
The latest order is expected to be fulfilled within nine months of acceptance.
Share price impact and company momentum
TT Vision shares rose three sen, or 13.04%, to 26 sen, bringing the group's market capitalisation to around RM125 million.Since the start of the year, the company's shares have risen 21%, but remain 25.7% below this year's high of 35 sen, reached in May. The latest string of orders shows the company continuing to grow its order book in inspection equipment and automation for the opto-semiconductor industry.
In our earlier coverage of Budget 2027's focus on strengthening Malaysia's semiconductor industry, we outlined funding allocations to help local companies move into higher-value segments such as integrated circuit design, while boosting R&D and innovation. The article also highlighted the need to accelerate the realisation of investment projects, deepen local value-added activity in the supply chain, and ensure productivity gains translate into higher wages for workers.
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