
KUALA LUMPUR (Oct 7): ACE Market-listed Aemulus Holdings Bhd (KL:AEMULUS) has secured new orders worth US$3.86 million (RM15.77 million) from an undisclosed Singapore customer for test systems used in the data centre and artificial intelligence (AI) market.
The orders were secured by its wholly-owned subsidiary Aemulus Corporation Sdn Bhd and are expected to be fulfilled within 12 months, the automated test equipment provider said in a Bursa Malaysia filing on Wednesday.
Revenue from the orders will be recognised progressively as the systems are delivered, Aemulus added.
Aemulus is principally involved in the design and development of automated test equipment, test and measurement instruments, as well as providing design consultancy and test-related services.
On Wednesday, its shares slipped one sen or 2.2% to 44.5 sen, valuing the group at RM299.3 million. Year-to date, the counter has gained about 67%.