DNeX completes Silterra acquisition

KUALA LUMPUR (Bernama) -- Dagang Nexchange Bhd (DNeX) has completed the acquisition of a 60% stake in SilTerra Malaysia Sdn Bhd from Khazanah Nasional Bhd, making DNeX the majority shareholder of SilTerra.

Group managing director of DNeX Tan Sri Syed Zainal Abidin Syed Mohamed Tahir said the group is confident in its ability to transform SilTerra into a competitive global semiconductor technology player able to capitalise on strong demand for semiconductor chips globally, together with its partner Beijing Integrated Circuit Advanced Manufacturing and High-End Equipment Equity Investment Fund Center (CGP Fund).