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/.
