UMS Integration shares suspended on Bursa, SGX pending announcement
KUALA LUMPUR: Trading in UMS Integration Ltd's shares was suspended on Bursa Malaysia and the Singapore Exchange (SGX) on Tuesday pending an announcement.
Trading in UMS Integration Ltd shares was halted on Bursa Malaysia and the Singapore Exchange (SGX) on Tuesday, pending an official announcement. The suspension, requested by the company, began at 9am and concluded at 5pm, as per a filing submitted to Bursa Malaysia. UMS Integration, primarily listed on SGX, is also listed on Bursa Malaysia's Main Market, a status it acquired in August of the previous year.
On Monday, the company's shares rose slightly, with a one sen or 0.12% increase, closing at RM8.61. This valuation resulted in a market capitalization of RM7.7 billion. In June, the stock reached a peak price of RM9.02 following UMS Integration's announcement of plans to expand into Vietnam, an investment totaling RM14.5 million.
UMS Integration specializes in high-precision engineering and manufacturing solutions, primarily catering to global original equipment manufacturers within the semiconductor industry. For the second quarter ending June 30, 2026, the company's net profit increased significantly by 89% to S$19.4 million, up from S$10.3 million in the same period the previous year.
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