Thursday 12 January 2012

Kelington ... Jan12

Its prospects of securing more jobs to design and build piping for gas and chemicals for clean room laboratories in Asia are bright, having already secured some

Its RM170 million order book should keep us busy until mid-2012.

Kelington was listed on the ACE Market of Bursa Malaysia in November 2009. It designs and installs ultra-high purity gas and chemical delivery systems, which are used in clean room facilities of the electrical and electronics industry.

At clean rooms, high pressured gas and chemical are used to etch circuits on microchips in wafer fabrication, the manufacture of liquid crystal displays, light emitting diodes
and solar cells in devices like mobile phones, plasma televisions, laptops and computers.

Armed Forces Pension Fund or Lembaga Tabung Angkatan Tentera (LTAT) emerged as a substantial shareholder with 12.64 per cent stake.

Meanwhile, Kelington has no dividend policy as yet.

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