0109 GMT - AEM Holdings stands to benefit from its strategic collaboration with Taiwan's ASE Technology Holding, a semiconductor assembly, testing and materials services provider, UOB Kay Hian's John Cheong says in a research report. This is positive for AEM to gain a foothold in Taiwanese market, the analyst says. The Singapore-listed company's share placement with warrants to ASE Technology will raise proceeds for AEM to support its continued expansion in Taiwan and integration of its test technologies. The brokerage raises the stock's target price to 4.70 Singapore dollars from S$2.65 based on higher P/E peg multiple that partly reflects AEM's strong earnings recovery cycle. It maintains the buy rating. Shares are 2.3% higher at S$4.40. (ronnie.harui@wsj.com)
(END) Dow Jones Newswires
March 25, 2026 21:09 ET (01:09 GMT)
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