YC K's comment on LUSTER. All Comments

YC K
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Agm today. Anything special?
ah mao
nothing special. Boss mentioned EPCC will only start contributing from 1H2022. Some of the manufacturing businesses affected because some of the products are not essential item. Construction of glove factory in Banting slightly affected due to building materials supplier are affected as well. But , still expect glove manufacturing can start contributing in Q4.
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3 Like · 3 years · translate
YC K
Alright. Thanks ah mao.
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Conair Lim
Thanks ah Mao
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Yew ChinAik
Thanks ah mao sharing.
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Jeremy Tay
Noted with thanks
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ah mao
I think most of the retailers here buy luster after they announced to tap into glove business. I would like to share a little info about another JV they announced before they tapped into glove , which is a new subsidiary namely TSI Zone.
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1 Like · 3 years · translate
ah mao
TSI Zone JV partner is Tai Sing Industrial from HK. T.Sing is the OEM audio manufacturer for Sennheiser, Logitech and etc. In the lastest QR , management mentioned that this JV will start the production in May , but I'm not sure that the production line of audio system is halted or not during this FMCO. I find out that they mentioned "Logitech" in the TSI Zone recruitment post in few job search websites. I guess luster might be manufacturing audio product for Logitech thanks to the partner
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2 Like · 3 years · translate
Yew ChinAik
thanks ah mao. in QR report management mentioned trade war between China and the the
United States of America as well as most of the companies’ strategy to extend their
manufacturing source outside of China as part of their risk management strategy. One
of the project from China is expected to start in Q2 of 2021.
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1 Like · 3 years · translate
Andy Tan
Manufacturing for E&E sector is not stop but with 60% capacity.
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YC K
Another emco in Petaling area..
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ah mao
@YC if not mistaken most of the luster factories are in northern region right, Sungai Petani? only the under con glove factory is in Selangor
1 Like · 3 years · translate
Andy Tan
Yes, factory is located in Sungai Petani. Kedah.
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一买就上 Golden Finger
Chill la, don’t follow those fool simply cut loss throw their ticket
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YC K
Yea. Holding for long term. Chill Bro..
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