Andy Luong

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

UMS Holdings reports lower earnings for 1QFY2024 earnings but outlook 'brightening'

UMS plans to pay a higher interim dividend of 1.2 cents, up from 1 cent paid in the year earlier
GKE resumes buybacks after 42 months; Luong streamlines hold over JEP - THE EDGE SINGAPORE

Insider moves

GKE resumes buybacks after 42 months; Luong streamlines hold over JEP

GKE Corp reported better earnings for its logistics business and some 'gradual recovery' in its China construction materials unit
UMS Holdings reports FY2023 earnings of $68.5 million, down 34% - THE EDGE SINGAPORE

Results

UMS Holdings reports FY2023 earnings of $68.5 million, down 34%

UMS plans to pay a final dividend of 2.2 cents per share
Seatrium makes share buyback debut; JEP chairman Luong raises stake - THE EDGE SINGAPORE

Insider moves

Seatrium makes share buyback debut; JEP chairman Luong raises stake

JEP says that its longer-term prospects remain strong
JEP Holdings receives unconditional offer from UMS Holdings at 20 cents per share - THE EDGE SINGAPORE

Offer

JEP Holdings receives unconditional offer from UMS Holdings at 20 cents per share

JEP will remain listed on the SGX following the acquisition.
Independent directors of Oceanus take up stakes; UMS tightens hold on associate JEP - THE EDGE SINGAPORE

Independent directors of Oceanus take up stakes; UMS tightens hold on associate JEP

Three independent directors including newly appointed Yaacob Bin Ibrahim, the former minister, take up stakes in Oceanus Group.

JEP appoints exec chairman Andy Luong as acting CEO amid management exodus

SINGAPORE (June 4): Changes are afoot at Catalist-listed JEP Holdings, the provider of precision machining and engineering solutions.

Results

UMS 1Q earnings treble to $11.2 mil on doubling of sales

SINGAPORE (May 12): UMS, the provider of equipment manufacturing and engineering services to the semiconductor industry, reported 1Q earnings more than trebled to $11.2 million from a year ago as revenue doubled.

In print this week

UMS seeks to stay as solid yield play

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.
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