ASMPT Launches Strategic Review of SMT Solutions Segment
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ASMPT Ltd has initiated a strategic review of its SMT Solutions Segment to enhance its focus on the Semiconductor Solutions business and maximize shareholder value. The review will explore options such as divestiture, joint ventures, or retaining the business, with no set timeline for decisions. Morgan Stanley Asia Limited has been appointed as the exclusive financial adviser. The SMT Solutions Segment is a leader in electronics manufacturing solutions, serving various markets. The current analyst rating for ASMPT Ltd stock is a Buy with a price target of HK$105.00.
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