Unisem shares jump on takeover offer


Unisem, which plunged 18%, the biggest drop since the company

PETALING JAYA: Unisem (M) Bhd shares closed higher following a takeover offer of the company by its founders and some China-based buyers.

At 5pm yesterday, Unisem, which is engaged in the manufacture and sale of semiconductor devices, saw its shares close 13 sen up at RM3.10.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


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!

Business , Unisem , shares , exercise , takeover , offer , jump ,

   

Next In Business News

Industrial projects look increasingly attractive
Dutch Lady’s balancing act amid escalating costs
Demand for co-working space remains resilient
Fed dampens hopes for rate cut
F&N to use cost management measures
Changing office space requirements
Naza makes entry into green economy
CapBay aims to provide financing to more SMEs
New initiative for infrastructure needs in Perak
Ocean Fresh seeks ACE Market listing

Others Also Read