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Frencken Group Breaks Ground on New Singapore Facility

Story Highlights
  • Frencken Group specializes in precision assemblies for semiconductor and life sciences sectors.
  • The new Singapore facility will expand Frencken’s Mechatronics operations and strengthen its industry position.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Frencken Group Breaks Ground on New Singapore Facility

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Frencken Group Limited ( (SG:E28) ) has issued an announcement.

Frencken Group Limited has initiated the development of a new manufacturing facility in Singapore, marking a significant step in expanding its Mechatronics operations. This strategic move is expected to enhance the company’s capabilities in delivering advanced solutions for the semiconductor and life sciences industries, reinforcing Singapore’s position as a key semiconductor hub and contributing to the growth of the technology manufacturing sector.

The most recent analyst rating on (SG:E28) stock is a Buy with a S$1.74 price target. To see the full list of analyst forecasts on Frencken Group Limited stock, see the SG:E28 Stock Forecast page.

More about Frencken Group Limited

Frencken Group Limited is a global integrated technology solutions company that specializes in providing ultra-high precision and ultra-clean assemblies, primarily serving the semiconductor and analytical life sciences sectors. The company also caters to the aerospace business segment, focusing on expanding its capacity in this area.

Average Trading Volume: 4,115,480

Technical Sentiment Signal: Buy

Current Market Cap: S$679.1M

See more data about E28 stock on TipRanks’ Stock Analysis page.

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