The Business Times
business-time-50
Asean Business logo
SPONSORED BYUOB logo

Bursa-listed Mi Technovation seeks SGX listing for materials arm as AI fuels semiconductor rally

Malaysia-based advanced manufacturing packager expects to hire 40 people to support Singapore R&D efforts

Summarise
google-preferred-sourceAdd BT as a preferred source
Young Zhan Heng

Young Zhan Heng

Published Thu, Jul 23, 2026 · 07:00 AM
阅读简体中文版 (beta)
    • The semiconductor industry’s current upcycle is not over despite the strong gains in the market so far, says Oh Kuang Eng, executive director and group CEO of Mi Technovation.
    • The semiconductor industry’s current upcycle is not over despite the strong gains in the market so far, says Oh Kuang Eng, executive director and group CEO of Mi Technovation. PHOTO: YEN MENG JIIN, BT

    [SINGAPORE] Bursa-listed Mi Technovation is planning to list its semiconductor materials business on the Singapore Exchange (SGX), as the artificial intelligence boom continues to drive investment across the global chip supply chain.

    The decision to list comes as investors pile into chip-related stocks, buoyed by expectations that demand for advanced chip manufacturing will remain strong.

    Share prices of Singapore-listed semiconductor-related companies surged this year.

    semiconductorsSGXIPOAEMums holdingsfrencken

    TRENDING NOW

    The two-storey bungalow on the site. The latest indicative price reflects S$3,313 psf on the land area.

    Lermit Road bungalow owned by family of Dennis Lee’s son on the market at S$98.8 million

    Philippine’s Maharlika support for Petron through a credit facility shows the sovereign fund’s role in the nation’s energy security.

    Early payout from Philippines’ Maharlika Investment Fund raises eyebrows over its true nature

    Employees may grumble about long hours, difficult clients or demanding deadlines, but often the biggest push factor is how they are treated.

    What makes a good job? Feeling that you matter

    The hiring push comes as Singapore’s banks expand their wealth franchises across Asia.

    Singapore banks’ battle for wealth talent goes beyond private bankers

    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More