UMS Holdings ( (SG:558) ) has provided an update.
UMS Integration Limited has received approval from the Securities Commission Malaysia for its proposed secondary listing on the Main Market of Bursa Malaysia Securities Berhad. This strategic move, which does not involve offering new shares, aims to enhance the company’s visibility and access to capital markets in Malaysia. The listing is contingent upon shareholder approval for constitutional amendments and compliance with regulatory requirements, positioning UMS to strengthen its market presence and operational footprint in the region.
More about UMS Holdings
UMS Integration Limited, incorporated in Singapore, operates in the technology sector, focusing on providing integrated solutions and services. The company is primarily involved in the manufacturing and distribution of high-precision components and equipment for the semiconductor industry, with a market focus on expanding its presence in Southeast Asia.
Technical Sentiment Signal: Sell
Current Market Cap: $620.7M
For a thorough assessment of 558 stock, go to TipRanks’ Stock Analysis page.