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sure but margins are smaller with their top highest bid...
valuehunter96 ( Date: 06-Aug-2025 10:57) Posted:
| Fantastic margins to be made from EC sites |
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wah...better than his old man performance?
valuehunter96 ( Date: 04-Aug-2025 09:26) Posted:
Management direction going forward is VERY CLEAR. UNLOCK VALUE AND SELL ASSETS. SHERMAN KWEK TO REGAIN CREDIBILITY WHEN CDL GOES ABOVE $10
Workaholic ( Date: 21-Jul-2025 14:48) Posted:
| There?s no turning back now. Hop in now or never. The adjustment we see recently did not even take into consideration the vast opportunity that is open to the new team to bring in fresh talent. Now that they have shed off the egocentric management style of the yesteryears. |
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yes, that' s a given
dlim888 ( Date: 05-Aug-2025 15:48) Posted:
If Intel is still their major customer, think will be very tough to regain past glory
Intel itself is fighting to survive!
tongphlp ( Date: 05-Aug-2025 15:22) Posted:
it' s a gamble
what goes up will come down and vice versa
AEM is no longer about fundamentals as it has non |
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it' s a gamble
what goes up will come down and vice versa
AEM is no longer about fundamentals as it has none
Professor001 ( Date: 02-Aug-2025 20:42) Posted:
Are you saying that you expect AEM' s share price to plunge this coming week?
spore1 ( Date: 02-Aug-2025 10:30) Posted:
| 2 CEO left within 2 years, you think is a small matter!!! |
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anybody also able to claim anything and everything....talk is cheap...acting is even cheaper.....eight counterparties....they think is an auspicious number ah...sounds like dead...
jia lat
Joelton ( Date: 05-Aug-2025 09:19) Posted:
mm2 Asia faces S$17.6 million in claims but says it can continue as a going concern
Eight counterparties have issued letters of demand against the company and Cathay Cineplexes
[SINGAPORE] In a bourse filing on Monday (Aug 4), Cathay Cineplexes owner mm2 Asia said it has received eight letters of demand for a total of S$17.6 million outstanding, but can continue as a going concern.
The embattled entertainment group added it is continuing negotiations with each counterparty over the claims.
It also stated that its board had assessed its ability to continue as a going concern, which means that it is expected to be able to operate for the next 12 months. Only about S$4.4 million claimed by four counterparties are secured against the corporate guarantee of the company, which is around S$3.1 million as at Jul 31, said mm2 Asia.
The media company also said it has had &ldquo positive&rdquo negotiations with the group&rsquo s creditors, including its proposed plan to defer a S$54 million bond repayment by six years.
Ongoing cost optimisation initiatives, including a potential winding up of Cathay Cineplexes (CCPL), were also stated as a reason for its ability to continue as a going concern.
mm2 Asia brought in restructuring specialist Ang Chiang Meng as its chief restructuring officer as at Aug 1, saying that he is &ldquo uniquely qualified&rdquo to lead mm2&rsquo s debt management and operational reorganisation.
The company&rsquo s chief executive officer Chang Long Jong is set to retire on Sep 1.
In the filing on Monday, mm2 Asia added that any court orders to pay all demands in full will be &ldquo limited to CCPL&rdquo and will be unlikely to cause an impact on the rest of the mm2 Asia group.
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went down as departure of Wong NL didn' t materialise...sad..
MambaFinancial89 ( Date: 31-Jul-2025 12:08) Posted:
Definitely " brewing" today with 3x the 30-day average trading volume transacted before lunch and share price up 4.11%.
antifragile ( Date: 26-Jun-2025 13:26) Posted:
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Was the price soar due to Wong NL departing Venture?
MambaFinancial89 ( Date: 31-Jul-2025 12:08) Posted:
Definitely " brewing" today with 3x the 30-day average trading volume transacted before lunch and share price up 4.11%.
antifragile ( Date: 26-Jun-2025 13:26) Posted:
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nice
st3p178 ( Date: 31-Jul-2025 10:37) Posted:
Just the start of price discovery after $8.80.
resistance at 2021 peak of $10. Look forward to the price discovery after $10. 🤣
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this time really bbq le....
Joelton ( Date: 30-Jul-2025 11:58) Posted:
mm2&rsquo s Cathay receives more legal letters on outstanding rent
Entertainment group also announces key changes to board and leadership team
[SINGAPORE] Cathay Cineplexes has received additional letters concerning outstanding rent, its parent company mm2 Asia : 1B0 +20% announced in bourse filings on Tuesday (Jul 29), alongside key changes to its board and leadership team.
This follows an earlier update on Jul 17, when the entertainment group said it was evaluating all available options to address its financial challenges including the possible winding up of the cinema chain.
In its latest statement, mm2 Asia informed shareholders that Cathay Cineplexes (CCPL) received a legal claim on Jul 28. The claim, dated Jul 25, was filed in the High Court of Singapore by Lendlease Retail Investments, the former real estate investment trust (Reit) manager for CCPL&rsquo s cinema lease at JEM. That role has since been assumed by DBS Trustee acting in its capacity as trustee of Lendlease Global Commercial Reit.
The claim relates to outstanding rental and other payments owed by CCPL under its lease at JEM, incurred before the change in Reit manager.
According to the filing, the claimant is seeking payment of S$1.98 million in rent up to Mar 31, 2022. In addition, the claimant is asking for interest on the overdue amounts at a contractual rate of 1 per cent per month, calculated daily, amounting to S$1.66 million as at Jul 25. The claim also includes legal costs and any other relief the court deems appropriate.
Additionally, CCPL has received a letter of demand dated Jul 29 from Resorts Concept, the licensor of its premises at E!Hub@Downtown East. The letter demands payment of licence fees, service charges, utilities, interest and related charges totalling S$580,000.
The board of CCPL said it is actively engaged in discussions with Resorts Concept to resolve the outstanding arrears. It is understood that CCPL is currently obtaining legal advice on both matters.
mm2 said it is also seeking its own legal advice in relation to the matters and will make further announcements as and when there are material developments.
New leadership team
Separately, the entertainment group announced key changes to its board and leadership team following a series of resignations, retirement and new appointments.
mm2 said these changes reinforce its &ldquo commitment to strategic financial and operational restructuring to safeguard its future&rdquo .
In view of the current cinema-related creditor negotiations and prolonged financial challenges stemming from the pandemic, mm2 is strengthening its management team and bringing Ang Chiang Meng on board as chief restructuring officer as of Aug 1. He will also join the mm2 board as a non-independent executive director
Ang is co-founder and managing partner of Argile Partners, a regional consultancy firm, and executive director of R& O Company, specialising in corporate and debt restructuring.
mm2 said he is &ldquo uniquely qualified&rdquo to lead mm2&rsquo s debt management and operational reorganisation with decades of cross-border experience.
&ldquo His credentials as a senior accredited director, chartered valuer and restructuring expert will be pivotal in this transition,&rdquo it added.
At the same time, Chang Long Jong, mm2&rsquo s current chief executive officer since April 2017, will retire on Sep 1. The former MediaCorp deputy CEO played a key role in expanding mm2 Asia&rsquo s footprint in the regional entertainment industry.
Executive chairman Melvin Ang will assume interim CEO responsibilities while the board conducts a formal search for a permanent successor.
Meanwhile, Jack Chia will resign as a non-executive and non-independent director of the company effective Jul 31, and will also cease to be a member of the audit committee following his departure.
Gary Goh has been appointed managing director of mm2 Entertainment, succeeding chief content officer Ng Say Yong, who will step down from his current role on Aug 31. Ng will transition to the role of chief content adviser, where he will focus on content development.
Goh&rsquo s promotion is said to &ldquo reflect the board&rsquo s confidence in his ability to steer mm2 through this challenging period and a much-needed injection of fresh resources and expertise&rdquo .
Following these changes, mm2&rsquo s board of directors will comprise Melvin Ang as executive chairman, Ang Chiang Meng as executive director, Lai Hock Meng as lead independent director, Tan Khee Giap and Tan Ching Yee as independent directors, and Choo Kee Siong as a non-executive director.
&ldquo These appointments reflect our commitment to a recovery strategy to ensure the group&rsquo s sustainability to grow the business,&rdquo said Melvin Ang.
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AEM' s saga is more exciting then CDL....accounting error, lost shipment, CEO replaced...
Look at CDL..boardroom tussle and with Philip Yeo out of the picture, the share price has soared to the moon...
maybe AEM should follow suit....but CDL has $2b war chest to lose....AEM don' t even come close
cmengchan ( Date: 29-Jul-2025 14:20) Posted:
| Anyway, other than the frequent CEO changes drama, I think AEM is still significantly impacted by ongoing Intel weakness. Not easy to replace the contribution of big customer revenue. |
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Exactly!
Newlearner ( Date: 29-Jul-2025 14:25) Posted:
I wonder? why the board nvr bring him back to lead if he?s so good?
tongphlp ( Date: 29-Jul-2025 14:04) Posted:
| the Loke chap also not any better, imh |
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the Loke chap also not any better, imho
LoudShout ( Date: 29-Jul-2025 10:18) Posted:
still sore over the US$20 million arbitration loss. and the share price tanked.
tongphlp ( Date: 29-Jul-2025 09:21) Posted:
CTO - Chief Talking Officer - only know how to talk
R & D - run and duck - quic |
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CTO - Chief Talking Officer - only know how to talk
R & D - run and duck - quick
MrSiao123 ( Date: 28-Jul-2025 17:00) Posted:
If this former CTO is really working and doing his work.... A remote CEO maybe ? leading R and D but there is no R and D agreement. simple thing like this is missing from your " Steve" ... Prephaps a taylor swift wannabe stay at capella hotel for meetings
Warrenz ( Date: 28-Jul-2025 08:30) Posted:
The existing CEO most probably was asked to go due to not performing and was replaced by CTO.
The CTO as mentioned his effort was recognized and thus promoted.
Look at IT guy such as Steve from Apple, Bill Gates and Jensen
all of them are IT guys and lead the company so well |
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all confidence is lost....jialat
n3wbie ( Date: 28-Jul-2025 21:17) Posted:
DBS had an updated note today -
AEM appoints new CEO following board review
- Outgoing CEO, Amy Leong, departs after one year in role, following a strategic leadership realignment by the board
- Internal successor Samer Kabbani brings continuity, technical depth, and industry experience
- However the abrupt leadership change and relatively short tenure of the outgoing CEO may weigh on sentiment in the near term
- We have a BUY call with TP SGD2.10
Announces CEO transition due to strategic leadership realignment by the board. The outgoing CEO, Amy Leong, who began her tenure on 1 July 2024, will step down on 27 July 2025, following a comprehensive leadership review by the Board of Directors. The transition is part of a board-led initiative to realign AEM&rsquo s leadership in support of its long-term growth strategy.
Current President and Chief Technology Officer, Samer Kabbani appointed as the CEO, effective 28 July 2025. He has joined AEM since September 2020 and has been instrumental in shaping the company&rsquo s next-generation test technology roadmap, particularly in advanced active thermal control and its product portfolio. He brings more than 20 years of industry experience, including roles at other semiconductor test companies, Advantest and Delta Design (Cohu). His academic background includes a Bachelor of Science in Mechanical Engineering from McGill University and executive programs at Northwestern University and University of California. While Kabbani&rsquo s appointment ensures continuity and deep technical leadership, the abrupt leadership change and relatively short tenure of the outgoing CEO may weigh on sentiment in the near term. We have a BUY call with TP SGD2.10
tongphlp ( Date: 28-Jul-2025 16:58) Posted:
| run....spelling error - BYE, not bu |
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AEM will go down in history as one of the worst home grown companies with so many failures and mistakes...
MrSiao123 ( Date: 28-Jul-2025 16:58) Posted:
Agree, espeically there are so many C suite turnarond and accounting issue.
tongphlp ( Date: 28-Jul-2025 15:01) Posted:
the no confidence comes from Amy' s immediate resignation...something serious must have happened...
too many nonsense |
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run....spelling error - BYE, not buy
MambaFinancial89 ( Date: 28-Jul-2025 15:35) Posted:
DBS raises target price on AEM to $2.10 on FY2026 turnaround story
Amanda Tan and Ling Lee Keng of DBS Group Research (DBS) have kept their BUY call on AEM Holdings at a raised target price of $2.10 from $1.50 previously on the groups turnaround story in FY2026.
Tan and Ling note that AEM is a pioneer in providing system-level test (SLT) solutions, placing it around one generation ahead of its competitors. The pair write in their July 24 report: Given its technological superiority, we believe AEM is well positioned to ride on the growing SLT market that has benefitted from the increased complexity of chips and higher test coverage requirements, alongside the need for advanced heterogeneous packaging. Overall, Tan and Ling see that the semiconductor industry is well-poised for growth, led by the push towards digitalisation. They note that global consulting firm, McKinsey, projects the industry to become a trillion-dollar industry by 2030. Tan and Ling see industry megatrends such as artificial intelligence (AI), 5G and Internet of Things (IoT) to pave the way for growth in test spend, due to higher test volumes and test times. Longer test times would also increase the requirement for AEM&rsquo s consumables due to wear and tear, write the analysts.
In the past few years, AEM has announced several customer wins. Notably, the groups asynchronous modular parallel smart (AMPS-BI) product won an additional project to test next-generation data centre devices in the 4QFY2024. Its PiXL thermal management solution has also been deployed for AI customers, while AEM also expanded its installed base for its memory customers to test the GDDR6 device. Tan and Ling write: We believe that AEM is near an inflection point and foresee its customer diversification strategy yielding more significant returns in the years ahead. The analysts target price is based on 25 times blended FY2026 earnings versus the previous peg of 20 times on FY2025/2026 earnings. Key risks noted by them include a lower ramp-up of new customers and key customer weakness.
On July 27, AEM announced in a SGX filing that chief executive officer (CEO), Amy Leong, had resigned after serving little over a year in her role, because of board-led leadership realignment for growth. Same Kabbani, president and chief technology officer of the group, has since taken over the role with effect from July 28. Leong took over from previous CEO Chandran Nair, who served as the CEO between July 2020 and June 2024.
Today marks my last day as CEO of AEM in Singapore, as I transition into an advisor role back to the US. It&rsquo s been a privilege to help shape AEM&rsquo s journey, writes Leong in a LinkedIn post on July 28. In June this year, Leong told The Edge Singapore that the group could see &ldquo incremental improvement&rdquo on its net margins over the next few years due to its more differentiated product. At the time, she also noted that the companys direct exposure to China and the US was limited, with less than 20% of shipments sent to the US. In the long run, the big impact for our industry is how tariffs will impact the macro environment, the economy and demand, as well as how tech leaders like Apple are redesigning the electronic world, the whole ecosystem, and pricing. For that, we don&rsquo t know what will happen, she said. Like many other semiconductor players, she says that AEM is adopting a wait and see approach, as the risk of shifting government policies across different jurisdictions leaves many strategies up in the air. We are excited about this and will continue focusing on what we are good at. And well, we will try to figure out how the tariff situation will land. We focus on what we can control, said Leong.
On June 26, AEM announced in a SGX filing that the group had revised its 1HFY2025 revenue guidance upwards from the previous range of between $155 million to $170 million, to the range of between $185 million and $195 million. This was due to an unexpected pull-in of orders into FY2025 from one of the AEMs customers under its non-cancellable, long-dated purchase order program for the customers inventory management purposes. AEM will report its earnings on Aug 13. AEMs chairman, since 2011, is Loke Wai San, whose investment firm Novos Tellus was a key investor in the group.
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i smell a rat
anyway i dont think i like this chap
LoudShout ( Date: 28-Jul-2025 15:08) Posted:
Google check
https://www.advantest.com/en/news/2023/20230804.html
TOKYO, Japan - August 4, 2023 - Leading semiconductor test equipment supplier Advantest Corporation (TSE: 6857), through its subsidiaries Advantest America, Inc. and Advantest Test Solutions, Inc. has secured a settlement in an arbitration against AEM Holdings Ltd., Lattice Innovation, Inc., and Samer Kabbani (collectively, " AEM" ). Among other terms of the settlement, AEM must pay $20 million to Advantest and immediately terminate any exclusivity provisions that previously blocked Advantest from working directly with a sub-supplier.
Furthermore, Advantest, which has a robust and growing IP portfolio of patents and trade secrets covering its thermal control, active thermal interposer, and wafer active thermal interposer technology, did not license any of its IP to AEM as part of the settlement and remains free to assert any claims for IP infringement against AEM in the future.
Advantest filed the arbitration alleging that Kabbani, while working full-time as an Advantest Test Solutions, Inc. Vice President, was also serving as the CEO, board member, and a principal owner of a side business, Lattice inserted Lattice into Advantest' s supply chain without disclosing his active involvement in Lattice and, further, arranged to have a sub-supplier locked into an exclusivity contract with Lattice, which allowed Lattice to gatekeep Advantest' s access to that sub-supplier. AEM then hired Kabbani as its Chief Technology Officer and purchased Lattice. Advantest brought claims in the arbitration against Kabbani, AEM, and Lattice.
Advantest filed the arbitration to secure its supply chain, to ensure continuity for its customers, to protect its intellectual property, and to obtain monetary relief for past harms. The arbitration settlement, parts of which will soon be made public in an arbitral award filed in a California court, accomplishes all three goals. In addition to the $20 million payment, the settlement:
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the no confidence comes from Amy' s immediate resignation...something serious must have happened...
too many nonsense
cmengchan ( Date: 28-Jul-2025 11:53) Posted:
| Frequent and unexpected CEO change are not inspiring confidence. |
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SHs should gather and grill the management...a change is imminent..look at CDL
LoudShout ( Date: 28-Jul-2025 09:19) Posted:
Does not look good. Short stint of the current CEO who at least turned around from the debacle under previous management:
1) wrong stock recording
2) $20 million legal settlement over the purchase of a co
3) system migration issue
and achieved the followng
1) making inroads on new customer
2) share price up from its lows
Not a good sign.
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depends on your definition of not performing...
from a low of close to $1 to its current price - is this non performing? what about the ex-ceo then?
nevertheless, something is fundamentally very wrong with AEM..
Warrenz ( Date: 28-Jul-2025 08:30) Posted:
The existing CEO most probably was asked to go due to not performing and was replaced by CTO.
The CTO as mentioned his effort was recognized and thus promoted.
Look at IT guy such as Steve from Apple, Bill Gates and Jensen
all of them are IT guys and lead the company so well
spore1 ( Date: 27-Jul-2025 23:26) Posted:
| Doesn't look good! IT guy how to manage as CEO |
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About tongphlp
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