AEM shares hit record after stellar H1 results

Singapore

SHARES in AEM Holdings hit a record high on Tuesday, after the semiconductor play on Monday reported a 147.9 per cent increase in its first-half net profit to S$55.3 million.

The counter hit an intra-day high of S$4.23, before easing to S$4.19 by the closing bell, advancing S$0.53 or 14.5 per cent on a cum-dividend basis. This is the highest the stock has been since its listing back in December 2000. Some 25.1…

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