UMS Integration

UMS Integration Limited signed a non-binding MOU to invest approximately $3.6 million for a 51.6% stake in a new joint venture in Vietnam, consolidating three local precision engineering and metal plating firms. The investment aims to expand manufacturing capabilities in the semiconductor sector.

UMS Integration signed a non-binding MOU to invest about US$3.6 million for a 51.6% stake in a joint venture in Vietnam, consolidating three precision engineering and metal plating companies: Viet Nguyen Mechanical Precision Company, Central Metal Mechanical Company, and Global Metal Plating Company.

UMS Integration Ltd acquired the remaining 30% stake in Starke Singapore Pte Ltd for S$1.14 million, taking full ownership of the aluminium alloy supplier. The deal values Starke at S$8.22 million.