Valuetronics enters the AI industry withn ew JV partnership-To The Moon - Tiger Brokers Online Investing Community - To The Moon

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Valuetronics enters the AI industry withn ew JV partnership

MilkTeaBro
07-01

Valuetronics invests HK$7.7 million in cash for a 55% interest in the JV company; remaining 45% interest held by JV partner, Sinnet Cloud HK Ltd. It was announced on 24 Jun 2024.

The JV will provide GPU and AI related value-added cloud services in Hong Kong.

Favourable market demand supported by continuous advancements in AI and increasing needs for AI infrastructure services.

There are opportunities to manufacture for AI-related hardware that are within the Group’s existing manufacturing capabilities.

I followed $Valuetronics(BN2.SI)$ more than 3 years, I endorsed that company management team are upright and trustworthy.

# Nvidia Rebound! Will You Follow Pelosi to Add?

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MilkTeaBro
·07-01
I invested in $Valuetronics(BN2.SI)$ in small amounts, the return profits are not bad.
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