UMS Integration expects to reap fruits of S$120 million investment in next few years
A new plant, as well as new and upgraded machinery, has positioned it to ride the wave of the semiconductor boom
[SINGAPORE] UMS Integration expects to see in the next few years the fruits of the S$120 million investment it made over the past three years, as it rides the semiconductor boom.
Having made the capital expenditure, the Singapore-listed company, that had a secondary listing recently on Bursa Malaysia, might be able to reward shareholders with more dividends if it continues to generate healthy cash flows.
UMS is primarily focused on the semiconductor industry. It manufactures high-precision, front-end components and performs complex electromechanical assembly and final testing services for customers that make the machines to produce wafers.
TRENDING NOW
CSE Global independent director quits after clashes with chairman Eugene Lai over board refresh
Cat A COE rate exceeds Cat B for third time in 4 months; premiums largely down
‘I felt like dying’: Thai Singha beer scion speaks up after disclosure of alleged sexual abuse
Manulife pulls loan product for rich Hong Kong clients after scrutiny