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Vicom Ltd Expands Testing Services Through Malaysian Joint Venture

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Vicom Ltd Expands Testing Services Through Malaysian Joint Venture

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Vicom Ltd ( (SG:WJP) ) has shared an update.

Vicom Ltd’s subsidiary, Setsco Services Pte Ltd, has entered into a joint venture with Malaysia’s QAV Technologies Sdn. Bhd. to enhance testing services in Penang, Malaysia. This collaboration, forming Setsco QAV Technologies Sdn. Bhd., is aimed at boosting the company’s presence in the electrical and electronics manufacturing sector. The joint venture will not significantly impact Vicom’s financials for the year ending December 2025.

The most recent analyst rating on (SG:WJP) stock is a Hold with a S$2.00 price target. To see the full list of analyst forecasts on Vicom Ltd stock, see the SG:WJP Stock Forecast page.

More about Vicom Ltd

Vicom Ltd is a Singapore-based company primarily involved in providing testing and inspection services. Its subsidiary, Setsco Services Pte Ltd, focuses on expanding its reach in the electrical and electronics manufacturing sector.

Average Trading Volume: 61,959

Technical Sentiment Signal: Buy

Current Market Cap: S$567.3M

See more data about WJP stock on TipRanks’ Stock Analysis page.

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