SINGAPORE (Feb 5): Buying controlling stake in JEP enables UMS to tap aerospace manufacturinOver the last 12 months, many precision manufacturing companies have done well on the back of a global semiconductor rally. This includes UMS Holdings, which provides equipment manufacturing and engineering services to original equipment manufacturers (OEMs) of semiconductors and related products. Shares of the company more than doubled to close at $1.07, or 13.6 times its historical earnings, on Jan 30. UMS currently has a market capitalisation of $573.9 million.

Have a premium account? Sign in to continue reading.

Unlimited access to all stories from $4.99/month*

The latest reporting and analysis from business and investments to news and views on social issues.

Bonus:

  • Simultaneous logins across all devices
  • Instant access to past digital issues
  • Unlimited access to The Edge Malaysia
  • *For annual subscription plan only. T&Cs apply

SUBSCRIBE NOW