Inari seeks Lumileds glow, investors wary

Inari Amertron Bhd’s recent decision to jointly acquire loss-making Lumileds Holding BV has sparked debate among the investment community, leading to a decline in the company’s share price.

The market’s cold reception underscores deep-seated concerns, not just about the near-term earnings impact, but also broader strategic implications of the acquisition and the geopolitical nuances.