KUALA LUMPUR, 8 APRIL 2021 – AIMFLEX Berhad (“AIMFLEX” or the “Company”) (formerly known as i-Stone Group Berhad) through its wholly-owned subsidiary, AIMFLEX System Sdn Bhd, today signed a Memorandum of Understanding (“MoU”) with G2 Energy Technology Sdn Bhd (“G2E”) (formerly known as Exis Group Sdn Bhd) to collaborate on the development and transfer of technology in the oil and gas (“O&G”), energy and related industries. G2E provides factory and process automation solutions as well as new technology system integrators to O&G clients in Malaysia that includes Petronas, Shell, Eneos, Petra Energy and Exxon Mobil. Through this collaboration with G2E, AIMFLEX will develop and commission Manufacturing Execution System (MES) for production control and monitoring as well as develop and fabricate electrical systems, instrument and O&G and energy equipment. The Company will also provide industrial automation solutions to complete the supply chain of G2E as well as manufacturing facilities for G2E’s projects such as sheet metal fabrication, precision part fabrication, assembly, and integration. Managing Director of AIMFLEX Berhad, Rebecca Tee said: “We are committed to developing the best-inclass manufacturing test and automation machine solutions. The collaboration with G2E represents the first such collaboration in the O&G automation for us and will broaden our customer base as we have an established presence in the electrical and electronics (“E&E”) sector. We look forward to working with G2E in championing and advancing the adoption of automation in the O&G sector as automation and data management systems remain crucial in labour-intensive industries outside of the E&E sector.” The MoU between AIMFLEX and G2E brings together the core competencies of the two parties in promoting the development of automation in the O&G sector through leveraging on their respective expertise and experience.
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Posted by EliteYY69 > 2021-04-07 16:49 | Report Abuse
Gg stone, failed to break 0.265, time to go back 0.24.