PRE-MARKET TAIWAN & SINGAPORE STOCK NEWS: Keppel (KEP SP) announced the termination of its proposed divestment of M1 to Tuas (TUA AT) unit Simba Telecom
TAIWAN
Nanya Technology Corp (2408 TT) - Co. said more customers are moving to secure longer-term DRAM supply contracts, while it raised TWD 78.7bln through private placements to fund construction of a new plant in New Taipei City’s Taishan District. (Taipei Times)
Tech - AMD (AMD) will invest USD 10bln in Taiwan across the local ecosystem to expand strategic partnerships and scale advanced packaging capabilities for AI infrastructure. (Taipei Times)
Other News
Taiwan aims to become Asia’s democratic hub for drones and targets monthly production of 100k drones, with most exports focused on high-quality military-grade models. (Taipei Times)
SINGAPORE
Keppel (KEP SP) - Co. announced the termination of its proposed divestment of M1 to Tuas (TUA AT) unit Simba Telecom. (Business Times)