Asia
Trek 2000 International to Provide AIRES Platform in Cambodia; Shares Slide 10%
Trek 2000 International (SGX:5AB) secured a $350,000 contract with Cambodian textile manufacturer, Our HS Convenience, to supply, install and commission its AI Renewable Energy Solutions ecosystem, according to a Tuesday filing with the Singapore Exchange.Under the agreement, the company's subsidiary, Trek Technology, will deploy the AIRES platform to provide real-time monitoring, predictive analytics and operational optimization of solar power generation.Shares of the technology company plunged nearly 10% in Tuesday's afternoon trade.
SGX:5AB