Latest news with #TaiwanStockExchange
The Star
2 days ago
- Business
- The Star
JcbNext trims stake in Taiwan listed company
PETALING JAYA: JcbNext Bhd has disposed of 647,846 shares (or 1.95%) in Taiwan-based 104 Corp for RM20.05mil on the open market of the Taiwan Stock Exchange. The company, a provider of interactive online marketing platforms and technologies, said in a Bursa Malaysia filing that the disposal will decrease its shareholding in 104 Corp from 4.47 million shares to 3.82 million shares, representing 11.50% of the issued share capital of 104 Corp of 33.19 million shares. 'The disposals are in line with the company's strategy of diversifying its investment portfolio and reducing concentration risk. 'The company will be able to utilise the disposal consideration to invest in other opportunities such as other listed equity securities or other private investments that meet the company's investment objectives,' it said.
The Star
2 days ago
- Business
- The Star
JcbNext reduces stake in Taiwan-listed firm
PETALING JAYA: JcbNext Bhd has disposed of 647,846 shares (or 1.95%) in Taiwan-based 104 Corp for RM20.05mil in the open market of the Taiwan Stock Exchange. The company, a provider of interactive online marketing platforms and technologies, said in a Bursa Malaysia filing that the disposal will decrease its shareholding in 104 Corp from 4.47 million shares to 3.82 million shares, representing 11.50% of the issued share capital of 104 Corp of 33.19 million shares. 'The disposals are in line with the company's strategy of diversifying its investment portfolio and reducing concentration risk. 'Furthermore, the company will be able to utilise the disposal consideration to invest in other opportunities such as other listed equity securities or other private investments, that meet the company's investment objectives, allowing for diversification of its investment portfolio.' 104 Corp is principally engaged in information technology, general advertising services, employment services and human resource consultancy.
Yahoo
10-04-2025
- Business
- Yahoo
ChipMOS REPORTS YoY REVENUE INCREASE OF 5.1% IN MARCH 2025 AND 2.1% IN 1Q25 REVENUE
HSINCHU, April 10, 2025 /PRNewswire/ -- ChipMOS TECHNOLOGIES INC. ("ChipMOS" or the "Company") (Taiwan Stock Exchange: 8150 and Nasdaq: IMOS), an industry leading provider of outsourced semiconductor assembly and test services ("OSAT"), today reported its unaudited consolidated revenue for the month of March 2025 and for the first quarter ended March 31, 2025. All U.S. dollar figures cited in this press release are based on the exchange rate of NT$33.19 to US$1.00 as of March 31, 2025. Revenue for the first quarter of 2025 was NT$5,532.3 million or US$166.7 million, representing an increase of 2.5% from the fourth quarter of 2024, and an increase of 2.1% from the first quarter of 2024. The Company noted its increased revenue reflects continued improvements in certain end markets and customer inventory levels, along with a positive but lesser impact from a limited uptick in its turns business. Separately, the Company continues to closely monitor the rapidly evolving tariff situation and plans to adjust accordingly to best support our customers based on their exposure to the U.S. market and if the tariffs result in a decrease of demand. Revenue for the month of March 2025 was NT$2,031.6 million or US$61.2 million, representing an increase of 15.7% from February 2025, and an increase of 5.1% from March 2024. Consolidated Monthly Revenues (Unaudited)March 2025 February 2025 March 2024 MoM Change YoY Change Revenues (NT$ million) 2,031.6 1,755.4 1,933.2 15.7 % 5.1 % Revenues (US$ million) 61.2 52.9 58.2 15.7 % 5.1 % Consolidated Quarterly Revenues (Unaudited)First Quarter 2025 Fourth Quarter 2024 First Quarter 2024 QoQ Change YoY Change Revenues (NT$ million) 5,532.3 5,399.6 5,418.7 2.5 % 2.1 % Revenues (US$ million) 166.7 162.7 163.3 2.5 % 2.1 % About ChipMOS TECHNOLOGIES INC.:ChipMOS TECHNOLOGIES INC. ("ChipMOS" or the "Company") (Taiwan Stock Exchange: 8150 and Nasdaq: IMOS) ( is an industry leading provider of outsourced semiconductor assembly and test services. With advanced facilities in Hsinchu Science Park, Hsinchu Industrial Park and Southern Taiwan Science Park in Taiwan, ChipMOS is known for its track record of excellence and history of innovation. The Company provides end-to-end assembly and test services to leading fabless semiconductor companies, integrated device manufacturers and independent semiconductor foundries serving virtually all end markets worldwide. Forward-Looking Statements:This press release may contain certain forward-looking statements. These forward-looking statements may be identified by words such as 'believes,' 'expects,' 'anticipates,' 'projects,' 'intends,' 'should,' 'seeks,' 'estimates,' 'future' or similar expressions or by discussion of, among other things, strategies, goals, plans or intentions. These statements may include financial projections and estimates and their underlying assumptions, statements regarding tariffs, government policies, global trade environments, pricing, plans, objectives and expectations with respect to future operations, products and services, and statements regarding future performance. Actual results may differ materially in the future from those reflected in forward-looking statements contained in this document, due to various factors. Further information regarding these risks, uncertainties and other factors are included in the Company's most recent Annual Report on Form 20-F filed with the U.S. Securities and Exchange Commission (the "SEC") and in the Company's other filings with the SEC. Contacts: In Taiwan Jesse Huang ChipMOS TECHNOLOGIES INC. +886-6-5052388 ext. 7715 IR@ In the U.S. David Pasquale Global IR Partners +1-914-337-8801 dpasquale@ View original content: SOURCE ChipMOS TECHNOLOGIES INC. Sign in to access your portfolio
Al Arabiya
08-04-2025
- Business
- Al Arabiya
Taiwan activates $15 billion stock stabilization fund after precipitous falls
Taiwan authorized the activation of its $15 billion stock stabilization fund on Tuesday to prop up the market after two days of sharp falls in reaction to US President Donald Trump's new import tariffs. Trump last week announced that Taiwan, which runs a large trade surplus with the United States, will get a 32 percent tariff, sending the markets into a tailspin on Monday after they reopened following a Thursday and Friday holiday. Taiwan's finance ministry said in a statement that the government-run National Stabilization Fund, which has some T$500 billion ($15.15 billion) in assets that can bolster Taiwan stocks in times of crisis, had been given the go-ahead to intervene in the stock market. The fund has been authorized to use its assets 'to carry out market stabilization tasks as appropriate to maintain the stability of Taiwan's stock trading market,' it said. On Monday, the benchmark index dropped by close to 10 percent and it fell another 4 percent on Tuesday, hitting its lowest level in 14 months. Noting that the 'international panic atmosphere was strong,' foreign investors have continued to sell their holdings since the start of the year, it said. 'This is not conducive to the stability of the Taiwan Stock Exchange,' the ministry added. Taiwan has previously activated the fund to prop up the stock market at other times of turmoil, such as at the start of the COVID pandemic.
Reuters
08-04-2025
- Business
- Reuters
Taiwan activates $15 billion stock stabilisation fund after precipitous falls
Summary Taiwan to intervene to prop up stock market Taiwan's stock market plummets after Trump tariffs Stabilisation fund has more than $15 bln in assets TAIPEI, April 8 (Reuters) - Taiwan authorised the activation of its $15 billion stock stabilisation fund on Tuesday to prop up the market after two days of sharp falls in reaction to U.S. President Donald Trump's new import tariffs. Trump last week announced that Taiwan, which runs a large trade surplus with the United States, will get a 32% tariff, sending the markets into a tailspin on Monday after they re-opened following a Thursday and Friday holiday. Taiwan's finance ministry said in a statement that the government-run National Stabilisation Fund, which has some T$500 billion ($15.15 billion) in assets that can bolster Taiwan stocks in times of crisis, had been given the go ahead to intervene in the stock market. The fund has been authorised to use its assets "to carry out market stabilisation tasks as appropriate to maintain the stability of Taiwan's stock trading market", it said. On Monday, the benchmark index (.TWII), opens new tab dropped by close to 10% and it fell another 4% on Tuesday, hitting its lowest level in 14 months. Noting that the "international panic atmosphere was strong", foreign investors have continued to sell their holdings since the start of the year, it said. "This is not conducive to the stability of the Taiwan Stock Exchange," the ministry added. Taiwan has previously activated the fund to prop up the stock market at other times of turmoil, such as at the start of the COVID pandemic. ($1 = 33.0030 Taiwan dollars)
