UMS Holdings - DBS Research 2016-05-05: Play on dividends ahead of recovery
UMS HOLDINGS LIMITED 558.SI UMS Holdings - Play on dividends ahead of recovery
Entrenched relationship with Applied Materials provides earnings stability and underpins high yield.
- UMS Holdings (UMS) has partnered with Applied Materials for more than a decade.
- Notably, despite its exposure to a cyclical industry, UMS’ earnings have stabilised significantly since it was awarded the Endura contract in 2010.
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