PRE-MARKET TAIWAN AND SINGAPORE STOCKS NEWS: ASE Technology (3711 TT) is accelerating capacity expansion across multiple locations, while its unit commissions plant engineering project for TWD 1.8bln
ASE Technology is making a significant push in expanding its capacity to meet increasing demand for advanced packaging and testing services, which may enhance its competitive position and revenue potential.
Kyocera (6971 JT) is to sell JPY 250bln of KDDI (9433 JT) shares during FY27, while it is to buy back up to JPY 500bln of shares in FY27/FY28
Korea Exchange activates sidecar to halt program trading briefly on benchmark KOSPI after sharp equity rise
PRE-MARKET TAIWAN AND SINGAPORE STOCKS NEWS: ASE Technology (3711 TT) is accelerating capacity expansion across multiple locations, while its unit commissions plant engineering project for TWD 1.8bln
Australian Private House Approvals MoM Prel (Dec) M/M 0.4% (Prev. 1.3%)
Australian Building Permits YoY Prel (Dec) Y/Y 0.4% (Prev. 20.2%)
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TAIWAN
ASE Technology (3711 TT) - Co. is accelerating capacity expansion across multiple locations to meet rising demand for advanced packaging and testing services. It was also reported that Co. unit commissions plant engineering project for TWD 1.8bln. (DigiTimes/Newswires)
Systex Corp. (6214 TT) - ITOCHU (8001 JT) acquired a minority stake in the Co. (Newswires)
SINGAPORE
Keppel Infrastructure Trust (KIT SP) - Co. H2 (SGD) DPU rose 1% to SGD 0.0197. (Newswires)
Additionally, ITOCHU's minority stake acquisition in Systex Corp could signal confidence in Systex’s future growth, potentially leading to strategic synergies. Both developments could positively impact market sentiment towards these firms in today's trading session.
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