September 30, 2016 2:34 AM ET

Communications Equipment

Company Overview of Venture Electronics Services (Malaysia) Sdn Bhd

Company Overview

Venture Electronics Services (Malaysia) Sdn Bhd manufactures communications and networking equipment, data processing equipment, and medical scientific equipment and instrumentation. The company also provides contract and original design manufacturing services to mobile computing, printing and imaging, telecommunication, biomedical, and networking sectors. The company offers mechanical systems, precision plastic tools, electronic systems, and application specific integrated circuit designing services. Additionally, it provides software development, reliability engineering, and regulatory compliance testing services. Venture Electronics Services (Malaysia) Sdn Bhd was formerly known as Iomega...

Plot 44

Bayan Lepas Industrial Park IV

Penang,  11900

Malaysia

Founded in 1996

Phone:

60 4 642 8000

Fax:

60 4 642 9000

Key Executives for Venture Electronics Services (Malaysia) Sdn Bhd

Managing Director
Compensation as of Fiscal Year 2016.

Venture Electronics Services (Malaysia) Sdn Bhd Key Developments

Venture Electronics Services (Malaysia) Sdn Bhd Announces Acquisition of Plot 318 Batu Kawan Industrial Park Property

Venture Corporation Limited announced that the company's subsidiary, Venture Electronics Services (Malaysia) Sdn Bhd has completed the acquisition of one plot of land at Plot 318 Batu Kawan Industrial Park as all the relevant approvals have been obtained and condition precedents have been fulfilled. The property has a leasehold interest of 60 years expiring on 18 February 2074 and was acquired for MYR 33,288,987.50. The purchase price was arrived at after arm's length negotiations with the Penang Development Corporation on a willing- buyer willing-seller basis, taking into account inter alia, prevailing market rates. Plot 318 Batu Kawan Industrial Park has a land area of approximately 30.5684 acres and it is situated in Daerah Seberang Perai Selatan, Penang, Malaysia. The property is for the subsidiary's operations and business activities.

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Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

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