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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
May 23, 2024
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
May 10, 2024
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
April 18, 2024
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
February 28, 2024
Insider moves
Seatrium makes share buyback debut; JEP chairman Luong raises stake
JEP says that its longer-term prospects remain strong
June 15, 2023
Offer
JEP Holdings receives unconditional offer from UMS Holdings at 20 cents per share
JEP will remain listed on the SGX following the acquisition.
April 21, 2021
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.
November 27, 2020
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.
June 04, 2018
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.
May 12, 2017
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.
May 05, 2017