Stake changes: AEM Holdings and Malaysia’s EPF

An electronic motherboard. Photo by Harrison Broadbent on UnsplashAn electronic motherboard. Photo by Harrison Broadbent on Unsplash

Malaysia’s Employees Provident Fund Board (EPF) saw its deemed interest in Temasek-backed AEM Holdings rise to 6.025 percent from 5.953 percent previously after the acquisition of 223,600 shares in the market for S$921,702, according to a filing to SGX Thursday.

Employees’ Provident Fund Board is a Malaysian statutory body under the Ministry of Finance; it manages the compulsory retirement savings for Malaysia’s private sector workers.

AEM’s products include customized, application-specific semiconductor and electronics test and handling services for companies serving the advanced computing, 5G, and AI markets, the statement said. The company’s manufacturing plants are located Singapore, Malaysia, Indonesia, China, Finland and Vietnam.