Sunday, September 7, 2025
  • Login
Forbes 40under40
  • Home
  • Technology
  • Innovation
  • Real Estate
  • Leadership
  • Money
  • Lifestyle
No Result
View All Result
  • Home
  • Technology
  • Innovation
  • Real Estate
  • Leadership
  • Money
  • Lifestyle
No Result
View All Result
Forbes 40under40
No Result
View All Result
Home Leadership

UMS Holdings eyes second listing on Bursa Malaysia

by Yurie Miyazawa
in Leadership
UMS Holdings eyes second listing on Bursa Malaysia
Share on FacebookShare on Twitter


It’s part of the group’s strategic goal of growing its manufacturing footprint in the country

SEMICONDUCTOR company UMS Holdings is seeking a secondary listing on the main market of Bursa Malaysia. 

This will allow the group to broaden UMS’ investor reach and widen its investor base, as well as improve the liquidity of its shares through separate trading platforms, said the company in a bourse filing on Wednesday (Jul 17). 

The secondary listing will also enable the company to tap additional platforms and different equity markets for future fundraising, it said. 

Additionally, UMS highlighted that growing its manufacturing footprint in Malaysia, which has an “established” semiconductor ecosystem, is one of its strategic business goals. For instance, the group earlier this month acquired more than five acres of industrial land in Penang for RM15.2 million (S$4.5 million). 

UMS said it has appointed relevant professional advisers to commence preparatory work on the proposed secondary listing. Currently, no application has been made to the relevant authorities. 

“The company will continue to keep shareholders updated relating to the proposed secondary listing as may be appropriate from time to time,” it said. 

Shares of UMS closed flat at S$1.19 on Wednesday, before the announcement.

Tags: BursaEyesHoldingsListingMalaysiaUMS
Yurie Miyazawa

Yurie Miyazawa

Next Post
US: Wall Street falls as megacap tech, chip stocks lead sell-off

US: Wall Street falls as megacap tech, chip stocks lead sell-off

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Forbes 40under40 stands as a distinguished platform revered for its commitment to honoring and applauding the remarkable achievements of exceptional individuals who have yet to reach the age of 40. This esteemed initiative serves as a beacon of inspiration, spotlighting trailblazers across various industries and domains, showcasing their innovation, leadership, and impact on a global scale.

 
 
 
 

NEWS

  • Forbes Magazine
  • Technology
  • Innovation
  • Money
  • Leadership
  • Real Estate
  • Lifestyle
Instagram Facebook Youtube

© 2025 Forbes 40under40. All Rights Reserved.

  • About Us
  • Advertise
  • Contact Us
No Result
View All Result
  • Home
  • Technology
  • Innovation
  • Real Estate
  • Leadership
  • Money
  • Lifestyle

© 2024 Forbes 40under40. All Rights Reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In