PRE-MARKET TAIWAN AND SINGAPORE STOCKS NEWS: Scientech (3583 TT) expects shipments to rise 50% Y/Y this year

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PRE-MARKET TAIWAN AND SINGAPORE STOCKS NEWS: Scientech (3583 TT) expects shipments to rise 50% Y/Y this year

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TAIWAN

Auras Technology (3324 TT) - Co. said July net profit rose 120% Y/Y to TWD 600mln, while rev. rose 117% Y/Y to a record TWD 3.77bln and Jan-Jul rev. rose 83.28% Y/Y to TWD 21.04bln. (Taipei Times)

Scientech (3583 TT) - Co. expects shipments to rise 50% Y/Y this year, supported by strong AI demand and rapid technological shifts. (Taipei Times)

Tech – Nasdaq rallied alongside all major indices on Wall St amid lower yields after Fed’s Waller kept a September rate pause in play.

Other News

Taiwan’s Ministry of Economic Affairs said the planned additional USD 20bln of Taiwanese investment in the US would come mainly from semiconductor companies and their supply chains, as well as AI server-related businesses. (Taipei Times)

SINGAPORE

Addvalue Technologies (ADDV SP) - Co. secured USD 5mln of new orders across its space connectivity and advanced digital radio businesses, lifting its order book to about USD 20.2mln, with the orders expected to be substantially fulfilled within 12 months. (Business Times)

Frencken Group (FRKN SP) - Co. completed a private placement of 44.1mln new shares at SGD 2.2687/shr, raising about SGD 100mln. (Business Times)

IREIT Global (IREIT SP) - Co. completed the refinancing of its Spanish portfolio on improved terms, with 97.4% of total debt hedged post-transaction and weighted average debt maturity rising to 2.6 years from 2.2 years. (Business Times)

NTT DC REIT (NTTDCR SP) - Co. will be included in the FTSE EPRA Nareit Global Developed Index from September 21. (Business Times)

OCBC (OCBC SP) - Co. priced USD 750mln of covered bonds under its USD 10bln global covered bond programme at a 4.63% annual coupon, with proceeds to be used for general corporate purposes. (Business Times)

Context

Company-level shipment guidance of this kind, citing AI demand and rapid technology shifts, fits the pattern that has run through Taiwan's semiconductor equipment and supply-chain names in recent cycles: order visibility concentrated in a handful of end customers, with revisions to shipment expectations feeding quickly into the local peer set rather than standing alone. Guidance framed on full-year shipments, as opposed to a quarterly print, tends to carry more signal because it implies the firm is seeing orders beyond the current quarter, and comparable episodes have usually been followed by confirmation or contradiction in the monthly revenue disclosures that Taiwan-listed companies are required to publish. The Taiwan Ministry of Economic Affairs line in the same wrap, on additional US-bound investment drawn mainly from semiconductor and AI-server supply chains, is consistent with the same capex cycle rather than an independent driver. The distinction worth drawing is between genuine capacity-backed shipment growth and guidance inflated by inventory pull-forward ahead of policy or tariff shifts, and monthly revenue prints are where that has historically surfaced. Beyond the single name, the read-across has tended to run through the Taiwan equipment and component suppliers on the same morning's tape rather than the broader index.

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