UMS Holdings (SG:558) has released an update.
Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
UMS Holdings Limited, a prominent player in semiconductor equipment manufacturing, is planning a secondary listing of its shares on the Main Market of Bursa Malaysia to diversify its investor base and enhance liquidity. This strategic move coincides with the company’s recent acquisition of industrial land in Penang, aligning with its goal to expand its manufacturing presence in Malaysia’s semiconductor ecosystem. While preparations for the listing are underway, UMS has yet to file an application with the authorities but promises to keep shareholders informed of developments.
For further insights into SG:558 stock, check out TipRanks’ Stock Analysis page.
