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An announcement from UMS Holdings ( (SG:558) ) is now available.
UMS Integration Limited, a company incorporated in Singapore, has announced significant changes to its board and board committees. The company has appointed Datin Poon Lee Fah and Ms. Xie Xingbei, Pearlyn as Independent Directors, with Datin Poon also serving as Chairman of the Nominating Committee and Pearlyn Xie as Chairman of the Remuneration Committee. Additionally, Mr. Luong Andy has been redesignated from Chairman and CEO to CEO, and Datuk Phang Ah Tong has been redesignated from Lead Independent Director to Chairman and Lead Independent Director. These changes align with the company’s proposed secondary listing on Bursa Malaysia Securities Berhad and adhere to the Malaysian Code on Corporate Governance.
The most recent analyst rating on (SG:558) stock is a Hold with a S$0.95 price target. To see the full list of analyst forecasts on UMS Holdings stock, see the SG:558 Stock Forecast page.
More about UMS Holdings
YTD Price Performance: 10.89%
Average Trading Volume: 2,994,522
Technical Sentiment Signal: Hold
Current Market Cap: S$784.5M
For an in-depth examination of 558 stock, go to TipRanks’ Stock Analysis page.