A COMPANY wants to acquire Excelpoint Technology for S$1.93 apiece in cash, valuing the mainboard-listed electronics component distributor at about S$232.2 million.

A COMPANY wants to acquire Excelpoint Technology BDF for S$1.93 per share in cash, valuing the mainboard-listed electronics component distributor at about S$232.2 million.

EXCELPOINT Technology is in talks with a third party on a potential transaction involving the company's shares, the electronics component distributor said in a bourse filing on Friday (Mar 25) night.

BACK in 2008, homegrown Excelpoint Technology made its foray into Vietnam and set up its first representative office at Ho Chi Minh City. Around the same time, Samsung Electronics and Intel opened large semiconductor manufacturing plants in Vietnam.

THE net profit of Mainboard-listed Excelpoint Technology more than quadrupled to US$12 million for the half-year ended June, thanks to the elevated demand for semiconductors resulting from accelerated technology adoption.

ELECTRONICS component distributor Excelpoint Technology said it is not aware of reasons for the unusual volume movements in its shares on Friday in response to a query from the Singapore Exchange Regulation (SGX RegCo) earlier in the day.

The Singapore Exchange Regulation (SGX RegCo) has issued a query to Excelpoint Technology at 4.30pm on May 21 as its shares surged 14.2% to 80.5 cents as at 4.26pm. SGX RegCo called out the electronics components distributor’s “unusual volume movements” in its shares and asked the company to a...

ELECTRONICS component distributor Excelpoint Technology posted a net profit of US$4.4 million for the first quarter ended March 31, about 19 times its net profit in the corresponding quarter the year before.

IN SPITE of the uncertainties brought on by Covid-19, electronics component distributor Excelpoint Technology has posted a strong rebound from earlier trade war woes.

Earnings of electronics components distributor Excelpoint Technologies soared by some 1841.5% to US$8.29 million ($11.1 million) in 2HFY2020 ended December from US$427,000 in the previous year. On a fully diluted basis, this translates to earnings per share of 6.92 US cents in 2HFY2020, versus 0.36 ...