Semiconductor equipment manufacturer UMS Integration will be listed on August 1st in Malaysia

UMS Integration's stock price closed at 1.33 yuan on Monday, down 2.21%.

He said: "This will expand the investor base, improve stock liquidity through different trading platforms, and provide flexibility for raising funds in different stock markets in the future."

The company issued a statement through the SGX after the closing of the market on Monday (June 30), pointing out that its second listing on the Malaysian Exchange will be conducted in an introduction manner and will not involve any new share issuance or share sale arrangements. The company's stocks are interchangeable, which means that shareholders can convert their holdings and trade between the SGX Main Board and the Malaysian Exchange Main Board.

Group President Liang Shiguang said in a statement that listing in Malaysia will help enhance the group's position as a global integrated service provider for chip companies and support the company to achieve long-term growth goals.

UMS Integration's current market value is approximately RMB 970 million. As of the fiscal year 2024 ended December, the company's net profit reached 40.6 million yuan, with a profit margin of 16.8%. The company's dividend policy is to pay dividends quarterly. Based on the current Singapore share price, the dividend yield in fiscal 2024 is 4% or S$0.052 per share.

UMS Integration, a semiconductor equipment manufacturer listed on the main board of SGX, has released a prospectus, which is scheduled to be listed on the Malaysian Exchange on August 1.