AEM - UOB Kay Hian 2026-03-24: Strategic Partnership With ASE Technology To Gain Foothold In The Taiwan Market

• AEM announced a strategic partnership with ASE Technology Holding (ASE), the leading provider of semiconductor assembly, testing and materials services and the provider of electronic manufacturing services.
• - Read this at SGinvestors.io -

Share placement with warrants to ASE.

• The share placement with two traches of warrants, if fully exercised will make ASE a 9.1% shareholder of AEM.
• ASE will first subscribe to 3.3m AEM shares (1.04%) at S$3.591 (10% discount), and two tranches of warrants (36 months and 60 months expiry respectively), exercisable at S$4.1097 and S$4.1895 upon the company getting S$30m revenue and S$50m revenue respectively (fully subscribed will amount to 9.09% stake).

Fund raising proceeds to be used for continued expansion in Taiwan.

• - Read this at SGinvestors.io -

Revenue guidance for 2026.

• 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:
2026-02-27 AEM - Positive Outlook For Key Customers; Upgrade To BUY.

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