AEM Holdings

Results

AEM reduces red ink in 3QFY2024, ups 2HFY2024 sales guidance

AEM has revised its revenue projection for 2HFY2024 ending December to between $190 million and $210 million

Broker's Calls

DBS upgrades AEM to 'buy' with raised TP of $1.64, shares surge

AEM's unnamed 'new customer' could 'mirror' Intel

Company in the news

AEM Holdings proposes to dispose shares in ATECO for $6.8 mil

The consideration represented a 23% discount to the carrying amount of the AEM's investment in ATECO as at Dec 31, 2023,
Semiconductor cycle: Going up or down? - THE EDGE SINGAPORE

Semiconductor

Semiconductor cycle: Going up or down?

The AI theme has taken global stock markets by storm, but for locally listed semiconductor stocks, things are still fuzzy for now.
The market needs an extraordinary push to get out of the orbit - THE EDGE SINGAPORE

Singapore news

The market needs an extraordinary push to get out of the orbit

'You need some kind of kinetic energy to take it to the next level'
AEM shares drop following new CEO appointment; third C-suite change in a year - THE EDGE SINGAPORE

Company in the news

AEM shares drop following new CEO appointment; third C-suite change in a year

Leong's appointment follows "many months" of search.

Company in the news

CEO of AEM Holdings resigns to 'pursue other personal interests'

Outgoing CEO Chandran Nair will be replaced by Amy Leong, ex-senior VP and CCO at FormFactor.

Insider moves

UMS insiders, AEM independent director raise respective stakes; DBS CEO gains $13.8 mil in sale

UMS has a new Penang plant well positioned to capture new growth opportunities

Results

AEM warns uptick to be seen only in coming FY2025

AEM Holdings has reported earnings of just $2.4 million for 1QFY2024, down 85% y-o-y
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