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GINV Global Invacom Group Limited

3.00
0.00 (0.00%)
25 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Global Invacom Group Limited LSE:GINV London Ordinary Share SG2E91982768 ORD NPV (DI)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 3.00 2.50 3.50 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Global Invacom Group Limited Patent for Cap Press Machine

06/09/2016 10:15am

RNS Non-Regulatory


TIDMGINV

Global Invacom Group Limited

06 September 2016

Global Invacom's Shanghai Arm Secures Patent for Cap Press Machine

London / Singapore, 6 September 2016 - Global Invacom Group Limited ("Global Invacom" or "the Group"), a satellite communications ("Sat Comms") equipment provider listed on the Singapore Exchange and the U.K. AIM Market, today announces that its Shanghai manufacturing arm has obtained a second patent for an auto-assembly machine. This follows the announcement on 30 August 2016 that the Group had secured the patent for an innovative auto-assembly machine for F-type connector screws.

Global Invacom Manufacturing (Shanghai) Co Ltd ("GISH") has secured a utility patent for the structure and components of an automatic cap press machine that increases yield of work processes by more than 30 percent.

The machine presses two caps on to casting with different axial directions, improving efficiency by requiring only one operator as opposed to two in the past. All motions are controlled by the relay system, with pressure sensors to ensure the cap pressing runs smoothly.

Wong Siu Hong, Vice President - APAC Operation of GISH, said: "The cap pressing machine is the second of our recent auto-assembly patents. In the near term, we intend to secure more patents for new technology to streamline our manufacturing processes, so that we can continue to offer innovative Sat Comms products of the highest possible quality."

**End of Press Release**

For media queries, please contact

Matthew Garner

Chief Financial Officer

Global Invacom Group Limited

 
 8 Temasek Boulevard    Freeman House 
  #20-03 Suntec Tower    John Roberts Business 
  Three                  Park 
  Singapore 038988       Canterbury CT5 3BJ 
  +65 6884 3423          +44 203 053 3523 
 

On behalf of Global Invacom Group Limited:

finnCap Ltd (Nominated Adviser and Joint Broker)

Christopher Raggett/Simon Hicks (Corporate Finance)

Rhys Williams (Corporate Broking and Sales)

+44 207 220 0500

Mirabaud Securities LLP (Joint Broker)

Peter Krens (Equity Capital Markets)

+44 207 878 3362

Bell Pottinger LLP (UK Financial PR)

David Rydell / Lucy Stewart

+44 203203 772 2500

WeR1 Consultants Pte Ltd (Singapore Financial PR)

Grace Yew, graceyew@wer1.net

Wendy Sim, wendysim@wer1.net

+65 6737 4844

About Global Invacom Group Limited

Global Invacom Group Limited ("Global Invacom") is listed on the Singapore Exchange Securities Trading Limited Mainboard ("SGX-ST") and its shares are admitted to trading on the AIM Market of the London Stock Exchange in the U.K.

Global Invacom is a fully integrated satellite equipment provider with seven manufacturing plants across China, Israel, Malaysia, U.K. and the U.S. Its customers include satellite broadcasters such as BSkyB of the U.K. and Dish Network of the U.S.A.

On 24 August 2015, Global Invacom completed the acquisition of Skyware Global, a leading U.S.-based designer and supplier of satellite antennas products and services for C-band, Ku-band and Ka-band frequency platforms, positioning itself as the world's only full-service outdoor unit supplier.

Global Invacom provides a full range of dish antennas, LNB receivers, transmitters, switches and video distribution components and electronics manufacturing services in satellite communications as well as manufacturing services in TV peripherals, computer peripherals, medical, and consumer electronics industries.

For more information please refer to www.globalinvacom.com

This information is provided by RNS

The company news service from the London Stock Exchange

END

NRAUGUWWBUPQUMQ

(END) Dow Jones Newswires

September 06, 2016 05:15 ET (09:15 GMT)

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