UMS Holdings reported profit for 4QFY09 up by 10 fold, from S$0.12 million to S$1.1 million. This really indicates a recovery for the semiconductor industry.
To reward shareholders, the Group has proposed a dividend payout of 1.0 cents per share for the year ended 31 December 2009, a figure significantly higher than preceding year.
UMS Holdings ended higher by 5.714% to close at $0.185 per share today.
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