KUALA LUMPUR (April 5): Greatech Technology Bhd said it has secured its first purchase order in the United States from a new electric vehicle (EV) customer for equipment to produce lithium-ion battery cells. “This new order confirms that our customer has confidence in our technology, quality and reliability of our high-tech equipment,” the industrial automation solutions provider said in a statement. The identity of the customer and the value of the purchase order were not disclosed. Prior to this, the team was actively working from home and constantly talking to potential customers through virtual meetings,” it added. Shares in Greatech closed 2.53% or 14 sen higher at RM5.67, valuing the group at RM7.1 billion.

Source: The Edge Markets April 05, 2021 11:03 UTC