UMS Integration - UOB Kay Hian 2025-06-12: Key Takeaways From Malaysia NDR

• We hosted UMS Integration for an NDR with our institutional clients in Malaysia on 11 Jun 25. Key takeaways include:
  1. UMS is seeing healthy orders from its new customer and maintains its revenue guidance of 10% growth q-o-q in 2Q25,
  2. - Read this at SGinvestors.io -
  3. UMS is increasing market engagement ahead of its dual-listing.

Seeing healthy orders from new customer and maintaining revenue guidance of 10% growth q-o-q.

• - Read this at SGinvestors.io -
• Also, UMS revealed that its capability to complete majority of the manufacturing processes in house such as plating, anodizing, brazing, welding, chemical cleaning, etc have helped to maintain healthy margins and enable it to achieve prompt delivery to its customers.
• In addition, UMS has not seen any impact from the US trade tariffs as semiconductors are exempted from the tariffs.
• UMS has several measures in resolving its labour issues including training foreign workers and enhancing its staff retention strategy.

Dual-listingin Bursa Malaysia is on track for completion in late-July 25, and the valuation gap with Malaysian-listed peers should narrow after that.

• Read more at SGinvestors.io.

Above is an excerpt from a report by UOB Kay Hian Research.
Clients of UOB Kay Hian may be the first to access the full PDF report @ https://www.utrade.com.sg/.

Previous report by UOB:
2025-05-14 UMS Integration - Positive Outlook As New Customer Ramps Up Production.

Price targets by other brokers at UMS Target Prices.

Listing of research reports at UMS Analyst Reports.

Relevant links:
UMS Share Price History,
UMS Announcements,
UMS Dividend Payout Dates & Corporate Actions,
UMS News