Mi Technovation Considers SGX Listing for Chip Unit

The Malaysian firm appointed OCBC to manage the potential listing of its materials business. The move aims to diversify fundraising and boost flexibility.

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Malaysia-based semiconductor equipment manufacturer MI TECHNOVATION BHD has announced it is exploring a separate listing for its semiconductor material business on the Singapore Exchange (SGX). The company stated that the proposal is currently in its preliminary stages, with specific details and structures yet to be finalized.

The Singapore Exchange (SGX) logo displayed at its headquarters in the city-state's financial district. REUTERS/Edgar Su/File Photo
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