UMS Holdings

SINGAPORE (Feb 27): Precision engineering group UMS Holdings saw a near trebling of its 4Q17 earnings to $15.8 million from $6 million a year ago on higher revenue and a one-off gain.

SINGAPORE (Jan 16): UMS Holdings, the precision engineering company, today announced that it has acquired a 7.48% stake or 109 million ordinary shares in JEP Holding for $5.7 million.

SINGAPORE (Nov 13): CIMB Research is maintaining its “add” call on UMS Holdings while raising its target price to $1.21 from $1.13, as it increases its P/BV multiple to 2.88 times versus 2.8 times previously on higher ROEs.

SINGAPORE (Sept 15): Maybank Kim Eng likes UMS Holdings, the high precision components manufacturer, given the group’s strong ties with lead semi-conductor equipment maker Applied Materials.

SINGAPORE (Aug 14): CIMB is downgrading UMS Holdings to “hold” as it expects demand to moderate in 2H17.

SINGAPORE (Aug 11): UMS Holdings, the provider of equipment manufacturing and engineering services in the semiconductor industry, reported 1H17 earnings more than doubled to $22.7 million from $9.8 million a year ago on robust growth of the group's se

SINGAPORE (July 5): CIMB is keeping its “overweight” rating on Singapore’s tech manufacturing services sector as it remains positive on most of the industry’s stocks under its coverage.

SINGAPORE (May 17): DBS Vickers Securities is maintaining its “buy” call on precision engineering group UMS Holdings, raising its target price on the stock to $1.07 from 73 cents previously after the group recorded its highest quarterly earnings in ov

SINGAPORE (May 5): UMS Holdings’ diversification into the water and chemical engineering solutions business is not likely to affect its dividend policy, says executive chairman and CEO Andy Luong.

SINGAPORE (April 24): UMS Holdings has secured seven projects in Asia, the Middle East and South America worth $13 million through its recently acquired Singapore-incorporated subsidiary, Kalf Engineering.