Jarick Seet, investment analyst at RHB, reaffirms a strong Turnaround after visiting Global Invacom Group Limited's subsidiary Skyware Global ("SWG") in the USA.
"We firmly believe that its subsidiary SWG’s turnaround is solid after our US visit. Major changes have been made, including the restructuring of its key management team, manufacturing line structure, processes and layout. This has led to SWG gaining a new customer, one of the largest telecommunications providers in the US. The latter could become a major customer, as it looks to procure different sizes and types of satellite dishes."