PRE-MARKET TAIWAN AND SINGAPORE STOCKS NEWS: TSMC (2330 TT) is evaluating a potential investment in Texas to expand US chip production
The roundup reported a potential TSMC Texas investment under evaluation, alongside Taiwan market and company news and Singapore appointments and transactions.
News detail
TAIWAN Compal Electronics (2324 TT) - Co. will showcase its next-generation AI factory infrastructure at the OCP Global Summit 2026, demonstrating power, cooling, compute and rack-scale engineering designed to support NVIDIA accelerated computing. (Newswires) TSMC (2330 TT) - Co. is evaluating a potential investment in Texas to expand US chip production, in addition to the USD 265bln already committed to Arizona, according to people familiar with the matter. (Newswires) Tech - Nasdaq outperformed during Wall St to finish with marginal gains as Technology and Communication Services rallied, largely led by gains in Apple (AAPL) and Alphabet (GOOGL). SINGAPORE CapitaLand India Trust (CLINT SP) - Co. appointed Pallavi Gopinath Aney as a non-executive independent director, while Vishnu Shahaney was appointed a member of the investment committee. (Business Times) DBS Group Holdings (DBS SP) - Co. appointed Blackstone Singapore chairman and senior managing director Gautam Banerjee to the boards of DBS Group Holdings and DBS Bank with immediate effect. (Business Times) DFI Retail Group (DFI SP) - Co. is set to take over the Starbucks business in Asia from Maxim’s Caterers, with the transaction involving the repurchase of DFI’s indirect 50% stake in Maxim’s in exchange for the Starbucks-licensed business and about USD 340mln in cash. (Business Times) ESR-REIT (EREIT SP) - Co. agreed to divest its 30 Pioneer Road property to GKE (GKEC SP) for SGD 32mln, with net proceeds to be used for debt repayment, potential acquisitions, asset enhancement initiatives and general working capital. (Business Times) Frasers Property (FPL SP) - Co. and Mitsubishi Estate will jointly redevelop Valley Point and Frasers Suites Singapore into a freehold mixed-use development, with Frasers holding a 51% stake in the joint venture and Mitsubishi Estate 49%. (Business Times)
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