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).

Article type: metered
User Type: anonymous web
User Status:
Campaign ID: 48
Cxense type: NA
User access status: 0
Subscribe now to our Premium Plan for an ad-free and unlimited reading experience!
   

Next In Business News

Economy on stable footing
Hibiscus eyes aggressive growth
Cost of funds rising?
An end to monopolies
Acfin starts work on focus areas mandated by PM
Favourable prospects
Elon Musk wants to pause AI? It’s too late
Crypto gets red carpet in Paris and red flags
Swiss bankers forgot they’re meant to be boring
CEOs build resilience amid challenges

Others Also Read