Written by Leong Chan Teik


 

 

 

 

 

 

 

 

L-R: Independent directors Tom Yee and Prof Lye Kin Mun | Executive chairman Dr Chen Mun | Executive director Katherine Ang | Finance manager Molly Chua. 

Summary:
Powermatic Data Systems reported a net profit of $4.2 million, up 47.2% y-o-y, drawing praises from several shareholders who spoke up at the AGM. The secret sauce, we learnt, is the wi-fi connectivity solutions that Powermatic has in recent years supplied to enable wi-fi connectivity in transportation vehicles, such as trains, buses and taxis, especially in Europe and the US.

Full article:

https://www.nextinsight.net/story-archive-mainmenu-60/939-2017/11640-agm-of-powermatic-data-riding-on-growth-of-wi-fi-connectivity-in-transport