PETALING JAYA: Shares of Malaysia’s largest semiconductor company, Inari Amertron Bhd
, fell yesterday as analysts cautioned on the plan to jointly acquire Netherlands’ loss-making Lumileds International for US$239mil.
Maybank Investment Bank Research (Maybank IB) said the joint acquisition with China’s Sanan Optoelectronics Co Ltd has limited earnings visibility.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Thank you for your report!
