- Frencken will lease an industrial land parcel at Kaki Bukit Avenue 5 in Singapore for 33 years to develop a new and larger manufacturing facility for S$63m by 1Q27.
- With its key customers in the semi-con segment expanding in Singapore as well, we believe this significant expansion will help to provide additional capacity for its semi-con growth and improve margins and productivity.
- - Read this at SGinvestors.io -
Improved capabilities expand product range potential
- Frencken has been limited by the absence of larger-size clean rooms in Singapore, especially for one of its key semi-con clients. With the new facility, it will be housing larger cleanrooms which will allow it to scale up its portfolio with key wafer fabrication equipment customers.
- - Read this at SGinvestors.io -
Much larger capacity for next stage of growth
- Read more at SGinvestors.io.
