SHAH ALAM: Industrial automation and power systems provider Swift Energy Technology Bhd (SET) aims to increase export growth to 80% from the current 6...
Industrial automation and power systems provider Swift Energy Technology Bhd aims to increase export growth to 80% from the current 60% after its listing on Bursa Malaysia Securities’ ACE Market scheduled for Jan 8, 2025.
Tan also shared SET’s plans to venture into other regions, including the United Arab Emirates and Qatar. “Currently, most of our projects cater to Asean and Asia-Pacific, where temperatures do not exceed 40°C. In the Middle East, temperatures range from 40°C to 55°C. Products for these conditions require special testing to ensure durability. We plan to acquire a temperature chamber simulating 55°C. Testing products in this environment will provide valuable data for this significant market,“ Tan explained.
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