Pensonic Holdings Bhd is in talks to acquire a local electronics maker as part of a plan to quadruple its market value to US$100mil in three years, managing director Dixon Chew said.
“We are half-way there,'' Chew said yesterday in an interview on the sidelines of the Asia Pacific CFO Roundtable in Singapore, adding that the talks might take a year to finalise. In the context of Malaysia, “it is quite a significant amount.''
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!