RM336mil price tag for Silterra?


In the latest twist of the tussle for the loss-making wafer foundry from Khazanah Nasional Bhd, sources said Dagang Nexchange Bhd (DNeX) has emerged as the frontrunner, but it is now being asked to match the bid price of Nuglobal Ventures Sdn Bhd (NGV). (File pic - The Silterra Sdn Bhd factory, Kulim.)

PETALING JAYA: The race to acquire Silterra Sdn Bhd has taken on a new course with one contender told to match the price of another bidder.

In the latest twist of the tussle for the loss-making wafer foundry from Khazanah Nasional Bhd, sources said Dagang Nexchange Bhd (DNeX) has emerged as the frontrunner, but it is now being asked to match the bid price of Nuglobal Ventures Sdn Bhd (NGV).

Subscribe or renew your subscriptions to win prizes worth up to RM68,000!

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!
   

Next In Business News

Eco World redesignates Leong Kok Wah as non-independent, non-executive director
Ringgit seen trading in cautious mode ahead of US rate decision next week
Oil settles at 3-week high as more Russia sanctions loom
Local market treads water
Governance challenges continue at TMC Life after CEO’s removal
Sabah’s green power ECoSystem
Macquarie bidding for Axiata’s EDOTCO
SAILH set to propel logistics sector
TNB commences RE supply to Singapore
Grocer well-stocked on community spirit

Others Also Read