Grand Venture Technology May Face Minimal Impact from U.S. Tariffs -- Market Talk
Dow Jones
May 14
0704 GMT - Grand Venture Technology is likely to face minimal impact from U.S. tariffs, says RHB Singapore analyst Alfie Yeo in a note. In FY 2024, direct exports to the U.S. accounted for less than 10% of the company's total group revenue. The company manufactures components and modules to support customer programs for Asia markets in semiconductor and life sciences applications, he says. Most of the manufacturing solutions and services providers' key customers' end-products cater to the Asia and Europe markets, while the aerospace segment largely serves the European market, he adds. Shares are up 0.6% at S$0.82.(amanda.lee@wsj.com)
(END) Dow Jones Newswires
May 14, 2025 03:04 ET (07:04 GMT)
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