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Market UpdatesSingapore SGX stocks

InnoTek Approved as Tier 1 Supplier to Nvidia: Singapore Market Update, Institutional Fund Flows & Key Dividend Dates (October 2025)

Posted on October 13, 2025 at 10:54 am (GMT+8)

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Broker Name: Lim & Tan Securities
Date of Report: 13 October 2025

Excerpt from Lim & Tan Securities report.

  • InnoTek Limited has been approved as a recommended vendor for NVIDIA and IEIT Systems, marking its transition from a sub-contractor to a tier 1 supplier for NVIDIA, with production expected to start in 4Q FY2025. This move is anticipated to significantly improve profit margins and sales volumes.
  • The company is investing in high-end precision equipment to support AI projects, with expectations for FY26 profits to double and its ex-cash forward PE to be only 5x. Lim & Tan maintains an “Accumulate on Weakness” rating due to the brightening outlook from new customers and orders.

Report Summary:

  • InnoTek secures major contracts with NVIDIA and IEIT, positioning itself for growth in AI-related manufacturing and improved financial performance.
  • Lim & Tan recommends accumulating InnoTek shares on weakness, citing strong management, financials, and future prospects.

Above is an excerpt from a report by Lim & Tan Securities. Clients of Lim & Tan Securities can be the first to access the full report from the Lim & Tan Securities website: https://www.limtan.com.sg

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