Stock Track | InnoTek Soars 5.51% in Early Trading on Securing First Liquid Cooling Project and Production Plans

Stock Track

06/15

InnoTek's stock price surged 5.51% intraday on Monday, reflecting strong positive investor sentiment.

The movement follows the company's announcement that it has secured its first liquid-cooling components project with an established customer. Mass production for this project is expected to ramp up from October 2026.

Manufacturing will be conducted at a new unit in Thailand, with operations slated to begin in August 2026. The company has also outlined a planned capital expenditure of approximately SGD 7.5 million for equipment, automation, and quality infrastructure related to this new venture.

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