KUALA LUMPUR: Malaysian Pacific Industries
Bhd (MPI) rose in early trade on Friday after announcing the acquisition of Infineon Technologies Thailand Ltd (IFTH) for US$78mil (RM328mil).
The semiconductor group emerged as the top gainer on Bursa Malaysia, rising 54 sen, or 1.89%, to RM29.08 at 9.35 am. The counter has climbed nearly 15% year-to-date.
