SINGAPORE (June 26): Andy Luong’s precision machining companies, JEP Holdings and UMS Holdings, seem to be holding well despite the onslaught of the Covid-19 pandemic and the breakdow of global supply chains. Luong, who is executive chairman and CEO of both companies, says that seven months into t...

SINGAPORE (June 24): UMS Holdings is expected to do well ahead as global spending on semiconductors is forecast to increase, according to Maybank Kim Eng. The brokerage notes that global semiconductor association SEMI has forecast global fabrication spending to grow 24% y-o-y to US$67.7 billion ($93...

SINGAPORE (May 19): Amid the Covid-19 pandemic, semiconductor and equipment companies have been deemed “critical” in many countries.  Maybank Kim Eng Research analyst Lai Gene Lih says that this means the odds of further virus-induced disruptions to stocks such as UMS Holdings and AEM Holdings ...

UMS Holdings on Tuesday posted a first quarter net profit rise of 53 per cent to S$10.7 million, boosted by better performance in its core business of manufacturing high precision front-end semiconductor components.

UMS Holdings on Tuesday recorded a first-quarter rise in net profit of 53 per cent to S$10.7 million, boosted by better performance in its core business of manufacturing high precision front-end semiconductor components.  

SINGAPORE (May 12): Mainboard-listed precision engineering group UMS Holdings booked earnings of $10.7 million for 1QFY2020 ended March, some 53% higher than earnings of $7.0 million the previous year.  This brings earnings per share (EPS) for the quarter to 2.0 cents from 1.3 cents last year.  T...

SINGAPORE (May 8): AEM Holdings surged 19.4% to close at $3.08 on May 8, after the company raised its revenue guidance and a flurry of analysts’ upgrades followed. On May 6, the company raised its revenue guidance for FY20F to $430 million to $445 million from $360 million and $380 million.  In ...

SINGAPORE (May 4): KGI Securities is initiating coverage on UMS Holdings with an “underperform” or “sell” recommendation and a target price of 67 cents, representing a total downside of 18% for the stock. See also: 3 tech stocks to cash in on and 2 to sell as Covid-19 outbreak drags on: Ma...

KGI Securities has initiated coverage on contract manufacturer UMS Holdings with an "underperform" recommendation and a target price of 67 Singapore cents. 

CONTRACT manufacturer UMS Holdings has resumed normal operations at its factory in Penang, following the Malaysian government’s green light, the company announced in a bourse filing on Wednesday.