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Industrial assembly supervisors are in charge of organizing, planning and coordinating assembly operations. They keep track of all the work activities and manage the process for efficient functioning in order to tackle problems such as production loss. They answer to the industrial production and the manufacturing manager.
A specialist in design, manufacturing and Internet of Things (“IoT”) solutions in the electronics manufacturing services industry - Computime Group Limited (“Computime” or the “Company”, together with its subsidiaries the “Group”, stock code: 320.HK) is pleased to announce that on 20 December 2019, a wholly-owned subsidiary of the Company (the “Purchaser”) has entered into an agreement with Rubicon Sapphire Technology (Malaysia) Sdn. Bhd. (the “Vendor”), to acquire the manufacturing facilities in Malaysia (the “Manufacturing Facilities”) at the purchase price of RM20,750,000.00 (equivalent to approximately HK$39,010,000.00).
The Manufacturing Facilities to be acquired include a parcel of 60 year leasehold land of 12,383 m2 in Pulau Pinang, Malaysia with an unexpired term of about 51 years expiring on 15 March 2071, together with all the buildings erected thereon, which include, inter alia, factory premises with a total gross area of approximately 6967.67 m2. Upon completion of the agreement, Computime will indirectly hold the Manufacturing Facilities.
Dr. King Owyang, Executive Director and Chief Executive Officer of Computime, stated, “After completing the acquisition, the Group intends to utilise the Manufacturing Facilities for the development of its own manufacturing and supply chain capabilities in Malaysia. Going forward, diversification of manufacturing site is part of the strategic direction of the Group because it further enhances the competitiveness of the Group.
Bachelor's or Equivalent
