UMS Holdings

[CityFarmer]

or the overheads and labour costs in singapore are just getting to expensive for them so they are pumping as much as they can from SG and then moving over somewhere else like Taiwan or maybe even USA.

by the way, is your customer ST Microelectronics?

One of the possibilities I am thinking of. The "somewhere else", might not necessary be Taiwan, and USA. The nearby Penang is a very good choice, with abundance of talent sources, lower operating cost, and local gov supports

FYI, UMS has started a new plant in Penang, recently.

(vested)