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CGS-CIMB is positive on ISDN's outlook and strong balance sheet

Samantha Chiew
Samantha Chiew6/21/2018 11:49 AM GMT+08  • 2 min read
CGS-CIMB is positive on ISDN's outlook and strong balance sheet
SINGAPORE (June 21): ISDN Holdings, the integrated engineering solutions provider, has been in the business for more than 30 years and currently also owns a factory in China that makes products such as hinges and locks, precision gearboxes and other indus
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SINGAPORE (June 21): ISDN Holdings, the integrated engineering solutions provider, has been in the business for more than 30 years and currently also owns a factory in China that makes products such as hinges and locks, precision gearboxes and other industrial hardware.

In an unrated report on Wednesday, CGS-CIMB Research analyst William Tng says, “ISDN adds value by offering modules to meet its customers’ needs, rather than selling them individual components.”

In its core motion control business, which contributed to 87% of its FY17 revenue, the group works with Switzerland-based Maxon Motor AG to supply high-precision drive systems solutions, as well as German-based Eisele Antriebstechnik to supply precision gearboxes solutions.

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