Manufacturing Integration Technology Ltd is a corn refiner principally engaged in the production and distribution of various sweeteners to its customers domestically and overseas. Depending on the market conditions and production requirements for its sweeteners, the Group also sells corn starch, an intermediate product in the production of sweeteners. By-products of its production process are also sold to generate additional revenue. Its primary customer base consists of domestic and overseas manufacturers from various industries that use its products as additives or ingredients to enhance and improve various aspects of their products.
The Group's products can be categorised as follows:-
i) sweeteners such as Maltose, High Fructose Syrup, Isomaltooligosaccharide and Maltodextrin
ii) corn starch, an intermediate product in the production of sweeteners
iii) by-products, comprising corn gluten meal, corn fibre, corn germ and steepwater
Its production facilities are located in Fushun, Yishui, Xingping and Xiping in the Liaoning, Shandong, Shaanxi and Henan, China respectively. Its annual production capacity of approximately 650,000 tonnes if sweeteners and 560,000 tonnes of corn starch.
Its products are used by domestic and overseas customers as additives or ingredients in the manufacture of their products. It serve a diverse customer base in industries such as food, beverage, fermentation, medical, pharmaceutical and textile.
|Full Name||Manufacturing Integration Technology Ltd||Stock No||M11|
|Exchange||Singapore Exchange (SGX)||Board||Main board|
|Exchange Sector||Manufacturing||Sub Sector||Semiconductors and Semiconduct|
|Par Value (SGD)||0.0000||Issued Shares (Mil)||223.3470|
|Paid-Up Cap. (SGD Mil)||46.4310||Market Capitalization (Mil)||44.6694|
|Share Price (SGD)|
|Share Price Performance(%)|
|100-day Average Daily Volume ('000)||538.50|
|Technical Indicators-A shapshot|
|100-day Moving average||0.20|