AEM shares have soared 150% since March 2020. And recently, Temasek Holdings have bought a stake in the company. Here's what you need to know.
AEM Holdings (SGX:AWX) is one of the latest dominant IT Singapore stocks of the new generation.
It has become a major contract manufacturer. Helping many semiconductor firms design and test their chips.
I last wrote about AEM Holdings here.
Last year, AEM won Forbes’ Asia Best 200 Under a Billion List.
And so far, AEM shares grew 150% since last year March 2020.
Source: ShareInvestor Webpro
Once considered a penny stock, today, AEM is a S$1 billion market cap company.
AEM Holdings falls right into a category of a “strong asset-light” business.
And what’s even more interesting right now, its shares were bought by Temasek Holdings.
From a numbers perspective, AEM shares look interesting....