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The latest announcement is out from Aztech Global Ltd. ( (SG:8AZ) ).
Aztech Global’s Malaysian manufacturing arm, IOT Manufacturing Sdn. Bhd., has secured U.S. FDA establishment registration under 21 CFR Part 807 for its Pasir Gudang facility, adding to its existing ISO 13485 certification for medical devices. The move strengthens Aztech’s bid to become a preferred manufacturing partner for medical device owners targeting the U.S. market, leveraging its large-scale, 300,000-square-foot plant, integrated packaging capabilities and experience in IoT production to offer compliant, rapid industrialisation and commercial supply, which could deepen its role in the medical technology supply chain and broaden its U.S.-focused revenue streams.
The most recent analyst rating on (SG:8AZ) stock is a Hold with a S$0.66 price target. To see the full list of analyst forecasts on Aztech Global Ltd. stock, see the SG:8AZ Stock Forecast page.
More about Aztech Global Ltd.
Aztech Global Ltd., listed on the SGX Mainboard, operates in electronics manufacturing with a strong presence in Internet of Things (IoT) products. Through its wholly owned Malaysian facility, IOT Manufacturing Sdn. Bhd. in Pasir Gudang, Johor, the company offers vertically integrated manufacturing, packaging and product design-to-production services, underpinned by three R&D centres and ISO 13485 certification, positioning it to serve global technology and medical device brands.
Average Trading Volume: 246,042
Technical Sentiment Signal: Buy
Current Market Cap: S$505.5M
Learn more about 8AZ stock on TipRanks’ Stock Analysis page.