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PRE-MARKET TAIWAN AND SINGAPORE STOCKS NEWS: Scientech (3583 TT) expects shipments to rise 50% Y/Y this year

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Taiwan tech firms reported strong AI-driven shipment and revenue growth, while Singapore companies completed multiple capital raisings, order wins, index inclusions, and debt refinancings.

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TAIWAN Auras Technology (3324 TT) - Co. said July net profit rose 120% Y/Y to TWD 600mln, while rev. rose 117% Y/Y to a record TWD 3.77bln and Jan-Jul rev. rose 83.28% Y/Y to TWD 21.04bln. (Taipei Times) Scientech (3583 TT) - Co. expects shipments to rise 50% Y/Y this year, supported by strong AI demand and rapid technological shifts. (Taipei Times) Tech – Nasdaq rallied alongside all major indices on Wall St amid lower yields after Fed’s Waller kept a September rate pause in play. Other News Taiwan’s Ministry of Economic Affairs said the planned additional USD 20bln of Taiwanese investment in the US would come mainly from semiconductor companies and their supply chains, as well as AI server-related businesses. (Taipei Times) SINGAPORE Addvalue Technologies (ADDV SP) - Co. secured USD 5mln of new orders across its space connectivity and advanced digital radio businesses, lifting its order book to about USD 20.2mln, with the orders expected to be substantially fulfilled within 12 months. (Business Times) Frencken Group (FRKN SP) - Co. completed a private placement of 44.1mln new shares at SGD 2.2687/shr, raising about SGD 100mln. (Business Times) IREIT Global (IREIT SP) - Co. completed the refinancing of its Spanish portfolio on improved terms, with 97.4% of total debt hedged post-transaction and weighted average debt maturity rising to 2.6 years from 2.2 years. (Business Times) NTT DC REIT (NTTDCR SP) - Co. will be included in the FTSE EPRA Nareit Global Developed Index from September 21. (Business Times) OCBC (OCBC SP) - Co. priced USD 750mln of covered bonds under its USD 10bln global covered bond programme at a 4.63% annual coupon, with proceeds to be used for general corporate purposes. (Business Times)

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