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SHA:688531

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Asia

Wuxi Unicomp Technology to Buy Entire Stake in Semiconductor Testing Company

Wuxi Unicomp Technology (SHA:688531) will acquire the entire stake in Shanghai Philai Testing Technology for 935.9 million yuan from 11 shareholders, according to a Tuesday filing with the Shanghai bourse.Unicomp will buy the stake in the semiconductor testing equipment company using a combination of stock issuances, convertible bond issuances, and cash, the filing said.The listed X-ray technology and intelligent detection equipment company also plans to raise up to 306.4 million yuan through a private placement to fund the cash payments and to construct a research and development facility in Shanghai, the filing said.Shares in the equipment company fell 2% during afternoon trading on Tuesday.

SHA:688531
Asia

Bourse OKs QES Listing of 83 Million QES Shares

QES Group (KLSE:QES) said Bursa Malaysia has approved the listing and quotation of 83.3 million new shares to be issued to Ray Tech Singapore, a unit of Unicomp Technology (Group) (SHA:688531)The proposed issuance represents 10% of QES Group's issued shares, excluding treasury shares, at 0.53 ringgit per share, raising about 44.1 million ringgit.The approval is subject to QES Group and its adviser UOB Kay Hian complying with the Main Market Listing Requirements and other conditions, including shareholder approval and confirmation of completion.

KLSE:QESSHA:688531
Asia

Wuxi Unicomp Technology Expects Up to 55% Rise in Attributable Profit

Wuxi Unicomp Technology (SHA:688531) forecasts a 55% rise in its net attributable profit to 128 million yuan in the first half from 82.8 million yuan in the year-ago period, according to a Friday filing with the Shanghai bourse.The X-ray technology company attributed the expected rise to the high performance of its downstream integrated circuits and high-end electronic manufacturing sectors coupled with robust demand.

SHA:688531
Asia

QES, Ray Tech to Cooperate on ASEAN Distribution, X-Ray Inspection Technology Development ; Shares Drop 4%

QES Group (KLSE:QES) unit QES Mechatronic signed a memorandum of understanding with Unicomp Technology's (SHA:688531) unit Ray Tech Singapore, to explore cooperation in semiconductor inspection equipment, according to a Friday Malaysian bourse filing.QES' shares fell about 4% in Monday's midday trade.The collaboration covers ASEAN distribution, manufacturing optimisation for inspection systems, and the use of Unicomp's global demonstration centres to support market development and technology showcasing.Both parties will also explore next-generation X-ray inspection technologies, with intellectual property arrangements, along with a joint coordination mechanism to monitor progress.The arrangement is non-binding and has a three-year term, it said.

KLSE:QESSHA:688531
Asia

Unicomp to Buy Controlling Stake in Shanghai Semiconductor Testing Firm

Unicomp Technology (SHA:688531) plans to acquire a controlling interest in semiconductor testing and research firm, Shanghai Feilai Testing Technology, according to a Shanghai bourse filing on Wednesday.The transaction, which is currently in the planning stage, will be made through share placement and cash.Trading of the Chinese X-ray inspection equipment manufacturer's shares was suspended starting Wednesday, and the suspension is expected to run up to ten trading days.

SHA:688531

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