26 Jan 2024

Placement of 40 million ordinary shares by UMS Holdings

Partners Raymond Tong and Jasselyn Seet from Rajah & Tann Singapore acted for CGS International Securities Singapore Pte. Ltd in its capacity as placement agent in relation to the placement by UMS Holdings Limited of 40 million ordinary shares. UMS Holdings Limited, a provider of equipment manufacturing and engineering services headquartered in Singapore, has announced that the placement proceeds will position the company well in its pursuit of new opportunities in the semiconductor and aerospace sectors.