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HKG:0522

4 stories mentioning HKG:0522Updated 25d ago

Every FINWIRES story that references HKG:0522, newest first.

Asia

ASMPT Completes Sale of NEXX Unit to Applied Materials

ASMPT (HKG:0522) completed the sale of ASMPT NEXX, a wholly owned subsidiary held through its indirect unit ASMPT USA, to Applied Materials for $120 million, according to a Thursday Hong Kong bourse filing.Following completion of the transaction, ASMPT NEXX has ceased to be a subsidiary of the company and its financial results will no longer be consolidated into ASMPT's financial statements.The chip gear maker said the purchase price was determined through a competitive bidding process, with Applied Materials submitting the highest bid.The company expects to record a net gain of about HK$11 million from the disposal, based on estimated net sale proceeds of $116 million, and adjustments for working capital and indebtedness.

HKG:0522
Asia

ASMPT Issues 1.6 Million Shares Under Employee Incentive Scheme

ASMPT (HKG:0522) allotted and issued 1.6 million new shares under its employee share incentive scheme, according to a Monday Hong Kong bourse filing.Shares of the chip gear maker were down nearly 2% in Tuesday morning trade.The awarded shares were subscribed for in cash by the scheme trustee and will be transferred to selected employees subject to vesting conditions.The new shares represent about 0.4% of ASMPT's existing issued share capital and were issued at a par value of HK$0.10 each.ASMPT expects to raise HK$157,125 from the share issue for general working capital purposes.

HKG:0522
Asia

ASMPT to Sell Semiconductor Solutions Business for $120 Million

ASMPT (HKG:0522) agreed to sell its U.S.-based ASMPT NEXX unit to Applied Materials in a $120 million deal, according to a Hong Kong bourse filing Monday.ASMPT NEXX is a supplier of electrochemical deposition and physical vapour deposition equipment for the advanced packaging of semiconductor devices.ASMPT expects to record a net gain of HK$11 million from the sale. The firm decided to sell the business to reallocate resources elsewhere.

HKG:0522
Asia

ASMPT's Profit Rises Threefold as Revenue Climbs 32% in Q1

ASMPT (HKG:0522) booked HK$253.8 million in attributable profit for the first quarter of 2026, up about threefold from HK$83.6 million a year earlier, according to a Hong Kong bourse filing on Wednesday.Earnings per share at the chip gear maker came in at HK$0.78, compared with HK$0.27 in the prior year.Revenue rose 32% year on year to HK$4 billion from HK$3 billion, figures showed.The company said strong demand driven by AI technology supported growth, with bookings rising 72% year over year.The firm expects second-quarter revenue of $540 million to $600 million, up 12% quarter on quarter and 37% year on year at the mid-point of $570 million.

HKG:0522

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