PRE-MARKET TAIWAN AND SINGAPORE STOCKS NEWS: Hon Hai (2317 TT) and India-based HCL Group held a groundbreaking ceremony for their JV semiconductor facility in India on Saturday; Taiwan markets reopen following the Chinese New Year holiday closure

TAIWAN

Hon Hai (2317 TT) - Co. and India-based HCL Group held a groundbreaking ceremony for their JV semiconductor facility in India on Saturday. (Focus Taiwan)

SINGAPORE

CapitaLand Ascott Trust (HMN SP) - Co. acquired three freehold rental housing properties in Japan for JPY 4.6bln and said the acquisition will be funded via JPY-denominated debt. (Dow Jones Newsplus)

Raffles Medical Group (RFMD SP) - Co. H2 (SGD) net profit rose 21.7% Y/Y to 38.5mln, revenue increased 0.3% Y/Y to 386.9mln. (Dow Jones Newsplus)

Seatrium (SMM SP) - Co. expects to achieve over SGD 50mln in annualised operational cost savings, with savings driven by non-core asset divestments to be completed by early 2026 as part of an accelerated asset portfolio optimisation strategy. (Dow Jones Newsplus)

Other News - Singapore Deputy PM Gan Kim Yong said the government will engage with US counterparts to seek clarity on the implementation of a potential new 15% tariff on all goods entering the US from February 24th. (Straits Times)