Dnex to ride on Silterra’s turnaround

According to the research firm, Dnex is well positioned to benefit from Silterra’s turnaround, underpinned by the ongoing semi chips shortages and structural shift towards More-than-Moore (MtM) devices.

PETALING JAYA: In the semiconductor space, Dagang Nexchange Bhd (Dnex) is emerging as a stock to watch as the company is expected to enjoy earnings growth from its recent corporate exercises.

Recall that last year Dnex acquired a 60% stake in Silterra Malaysia Sdn Bhd and bought an additional 60% of Ping Petroleum Ltd.

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