Meanwhile, Luong expects UMS to book strong results in the next two to three quarters, thanks to its semiconductor division which is considered an “essential” service.
SINGAPORE (June 26): Andy Luong’s precision machining companies, JEP Holdings and UMS Holdings, seem to be holding well despite the onslaught of the Covid-19 pandemic and the breakdow of global supply chains.
Luong, who is executive chairman and CEO of both companies, says that seven months into the outbreak, there are some indications of flights resuming. This spells good news for JEP, which primarily focuses on the aerospace industry.
