Visdynamics Holdings Berhad Reports Impairment of Goodwill for the Quarter Ended April 30, 2023

VisDynamics Holdings Berhad is a Malaysia-based investment holding company that is engaged in the provision of management services. Its segments include Manufacturing and Others. The manufacturing segment is engaged in the manufacturing of automated test equipment. The others segment includes investment holding and provision of management services. The Company is engaged in providing technical research and solutions involving the design, software development, assembly, and installation of automated test equipment for the semiconductor industry. It provides equipment solutions to the semiconductor assembly and test industry with standalone or integrated package handling, electrical test, inspection, tape, and reel, using its own proprietary technologies. Its product categories include tray-based products, tube-based products, bulk/tube based products, and others products.