In addition, it has forged a strong partnership with Maxon Motor AG, a Swiss manufacturing company which supplies high-precision drive systems to more than 55 countries. In December last year, this partnership was extended with a joint venture company to market Maxon’s products in Southeast Asia.
SINGAPORE (July 1): CGS-CIMB Research is maintaining ISDN Holdings at “add” with a target price of $0.32 on the back of the company’s core business strength of providing value-added motion control solutions and strong partnerships.
Apart from not competing in the mass market and price-competitive core motor space, ISDN adds value by offering solutions that incorporate its principals’ motors to customers, rather than selling them the motors on a standalone basis.
