- AEM (SGX:AWX) and ASE Technology Holding (3711 TW) said on 21 March they entered into a strategic partnership to accelerate AI/High Performance Computing (HPC) test innovation. We expect this partnership to boost AEM’s revenue and net margin in FY27/28E. We also see higher contribution from its core existing customer in FY26E.
ASE may become a significant shareholder of AEM
- - Read this at SGinvestors.io -
- ASE will also receive 28.1m free AEM warrants, divided equally into 2 tranches.
- - Read this at SGinvestors.io -
- The second tranche has an expiry of 60 months, exercisable at 105% of VWAP on the day the subscription agreement is signed, conditional upon S$50m of revenue from or introduced by ASE.
Strategic partnership with ASE
- Read more at SGinvestors.io.
Above is an excerpt from a report by Maybank Research.
Clients of Maybank Securities may be the first to access the full PDF report @ https://www.maybanktrade.com.sg/.
Jarick Seet Maybank Research | https://www.maybanktrade.com.sg/ 2026-03-23
Read also Maybank's most recent report:
2026-05-14 AEM - Stellar 1Q26, Better Quarters Ahead.
Price targets by 2 other brokers at AEM Target Prices.
Listing of research reports at AEM Analyst Reports.
Relevant links:
AEM Share Price History,
AEM Announcements,
AEM Dividend Payout Dates & Corporate Actions,
AEM News
