KUALA LUMPUR, July 29 (Bernama) -- Aemulus Holdings Bhd's wholly-owned unit, Aemulus Corporation Sdn Bhd has secured new orders worth about RM37.9 million from its existing Malaysia-based customer in the automotive industry.
In a filing with Bursa Malaysia today, the automated test equipment manufacturer said revenue from the said new orders shall be recognised progressively upon delivery of the systems.
“The secured orders are expected to be fulfilled from August 2022 until June 2026," it said.
Aemulus said the secured orders are expected to contribute positively to the company's earnings for the financial year ending Sept 30, 2022 and the subsequent financial years.
-- BERNAMA
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