Grand Venture Technology Emerges as Preferred Supplier for TCB Equipment Parts; Shares Zoom nearly 10%

MT Newswires
2024/12/19

Shares of Grand Venture Technology (SGX:JLB) surged nearly 10% in recent trading.

Grand Venture Technology (SGX:JLB) emerged as a preferred supplier of high-level assembly and components for thermal compression bonding (TCB) equipment by an unnamed semiconductor assembly and packaging equipment manufacturer.

The client's TCB equipment is used in advanced semiconductor packaging, according to a filing with the Singapore Exchange on Wednesday.

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