Corporate digest

AEM Holdings

MAINBOARD-LISTED AEM Holdings has raised its FY2020 revenue guidance to between S$500 million and S$520 million based on sales order visibility and business outlook.

This comes as the group announced a near doubling of revenue year on year for the fiscal third quarter ended Sept 30. AEM, which provides advanced chip-testing solutions, previously announced on Sept 10 an upward revision to its revenue guidance to be between S$480 million and S$500 million for FY 2020.