0237 GMT - UMS Integration appears well-positioned for growth, RHB Research's Alfie Yeo says in a report. Over the short to medium term, growth is expected to be driven by an increase in semiconductor equipment spending, a ramp-up in new client orders, and margin expansion, the analyst says. The company, which specializes in manufacturing high-precision front-end semiconductor components, is a long-term beneficiary of the semiconductor sector's growth, the analyst says. That will likely be spurred by drivers including leading-edge logic, memory and technology transitions, and investment in capacity expansion. RHB Research initiates stock coverage with a buy rating and a target price of S$1.85. Shares are 2.7% higher at S$1.52. (ronnie.harui@wsj.com)
(END) Dow Jones Newswires
November 02, 2025 21:37 ET (02:37 GMT)
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