You are here

Key stakeholders' sales prompt 'sell' call on UMS

Profitability may not be sustainable in the year ahead: OSK DMG

SHARE sales in semiconductor company UMS Holdings by two key stakeholders - founder and chief executive officer Andy Luong and a single main customer - have prompted a downgrade of its stock to "sell" by research firm OSK DMG. In a report yesterday, OSK DMG lowered its target price for UMS to 47