frencken

UMS Integration and Frencken shares are also down on Wednesday

It occupies the part which AI has made expensive to get wrong – this is starting to be reflected by the listed market

As Singapore doubles down on advanced manufacturing, companies want to show job seekers that factory jobs have changed

Shares of AEM, UMS and Frencken have soared between 65% and 400% this year with bets on AI-driven chip demand

The company plans a proposed placement of 44.1 million shares

It wants to beef up its mechatronics and advanced plastic solutions divisions

Shares of Frencken are also down after it posted a 3.4% drop in H1 net profit

Earnings per share come in at S$0.045, down from S$0.0467 a year earlier

The company’s president says its edge comes from engineering capabilities with applications across industries