PRE-MARKET TAIWAN AND SINGAPORE STOCKS NEWS: Tech stocks in focus after the Nasdaq outperformed stateside and notched a record close amid a surge in Meta shares and with AMD joining the USD 1tln market cap club

TAIWAN TECH Taiwan’s President Lai said Kaohsiung’s Baipu Industrial Park would bolster Taiwan’s semiconductor ecosystem, balance north-south development and boost the country’s global competitiveness. (Taipei Times) Microsoft (MSFT) plans to double its Taiwan data centres to four from two, with two additional facilities planned in northern Taiwan over the next few years. (Taipei Times) Nasdaq outperformed during US trade and notched a record close as Meta shares surged over 11% on strong Muse adoption, while AMD reached the USD 1tln market cap valuation. SINGAPORE Mapletree Logistics Trust (MLT SP) - Co. proposes to sell a property in China for CNY 323.0mln, with completion expected by Q3 FY2028. (Newswires) Seatrium (STM SP) - Co. allocated SGD 200mln for a new share buyback programme, allowing it to repurchase up to 2% of its total issued shares. (Business Times)