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ASMPT Swells ~6% as It Initiating Assessment of Strategic Options for SMT Solutions Segment
Recommend 5 Positive 8 Negative 5 |
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ASMPT (00522.HK) is initiating an assessment of strategic options for its SMT Solutions Segment, which may involve a divestiture, joint venture, spin-off and public listing. ASMPT's share price opened 4.91% higher today (22nd) before its gain extended, and peaked at $107.8. It last printed at $107.7, advancing 5.8%, with a trading volume of 1.3103 million shares, involving $137 million. ASMPT announced that it is initiating an assessment of strategic options for its SMT Solutions Segment. The aim of the assessment is to identify potential opportunities that best support the long-term growth and success of the SMT Solutions Segment, while allowing the Company to focus on the growing Semiconductor Solutions Segment. AASTOCKS Financial News Website: www.aastocks.com |
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