PRE-MARKET TAIWANESE AND SINGAPOREAN STOCK NEWS: Adata expects another record profit, Powertech raises FY Capex by 25%

Taiwan

Adata Technology Co., Ltd. (3260 TT) - Co. Q1 (TWD) net rose around 1700% Y/Y to 9.53bln and expects to post another record-high profit this quarter amid a memory industry upcycle. (Taipei Times)

Powertech Technology Inc. (6239 TT) - Co. raised FY capital expenditure guidance by 25% to TWD 50.0bln to expand advanced packaging capacity for AI chip applications. (Taipei Times)

Singapore

CapitaLand Investment Ltd. (CLI SP) - Co. reiterated it would not pursue acquisitions solely to meet its SGD 200bln funds under management target by 2028 in response to a shareholder question on a rumoured Mapletree Investments deal. (Straits Times)

MoneyMax Financial Services Ltd. (MMFS SP) - Co. raised SGD 44.3mln via the issuance of 53mln new shares at SGD 0.835 each, with strong participation from fund managers backed by the Singapore central bank. (Straits Times)