
ASMPT rose nearly 6% and is currently evaluating the strategic plan for the SMT solutions division
ASMPT (00522.HK) is evaluating a strategic plan for its Surface Mount Technology (SMT) Solutions Division, which may involve sale, joint ventures, spin-offs, or public listings. ASMPT's stock price opened up 4.91% today (22nd) and the gains expanded, reaching a high of HKD 107.8. It is currently reported at HKD 107.7, up 5.8%, with a trading volume of 1.3103 million shares, involving HKD 137 million.
ASMPT announced that it is assessing a strategic plan for its Surface Mount Technology (SMT) Solutions Division, aimed at identifying potential opportunities that are most favorable for supporting the long-term growth and success of the SMT Solutions Division, while allowing the company to focus on the increasingly growing Semiconductor (SEMI) Solutions Division.
The assessment will consider a range of options for the SMT Solutions Division, which may include but are not limited to sale, joint ventures, spin-offs, and public listings, or retaining and supporting the strategic development of the SMT Solutions Division to ensure its long-term success and value creation

