PRE-MARKET TAIWAN & SINGAPORE STOCK NEWS: Frasers Centrepoint Trust (FCT SP) agreed to divest White Sands for SGD 467mln; Nasdaq led the advances in the US yesterday as tech outperformed, and along with the S&P 500 posted its best quarter in six years

TAIWAN

Asia Neo Tech Industrial (4576 TT) - Co. secured a licensing agreement with Brooks Automation to supply wafer pod cleaning equipment and related technologies for a one-time USD 16mln licensing fee and subsequent royalties. (Taipei Times)

Energy - CPC Corp will keep July natural gas prices unchanged for residential and industrial users, while cutting prices for utility users by 4.72%. (Focus Taiwan)

Tech - Nasdaq led the advances in the US during the prior day amid outperformance in tech, and along with the S&P 500 posted its biggest quarterly gains in six years, while futures take a breather overnight.

Other News

• Taiwan’s commercial property market remained buoyant in Q2 as semiconductor and AI-related demand drove factory acquisitions. (Taipei Times) 
• Taiwan’s manufacturing business sentiment rose to its highest since March 2025 in May, supported by AI-driven demand and easing Middle East tensions. (Taipei Times) 

SINGAPORE

Frasers Centrepoint Trust (FCT SP) - Co. agreed to divest White Sands for SGD 467mln and intends to use the net proceeds to repay debt. (Dow Jones Newswires)