MPI aims upwards


WHEN Inari Amertron Bhd announced its intention to jointly acquire loss-making Lumileds Holding BV two months ago, investors reacted with scepticism, sending its share price tumbling.

But when Malaysian Pacific Industries Bhd (MPI) unveiled plans to buy Infineon Technologies’ loss-making Thailand unit, Infineon Technologies (Thailand) Ltd (IFTH), the response could not have been more different.

11.11 Flash Sale! Get 40% OFF Digital Access!

Monthly Plan

RM 13.90/month

RM 8.34/month

Billed as RM 8.34 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 7.40/month

Billed as RM 88.80 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

SC’s recasting of public markets a step forward?
Bounty of the fields
Nurturing the IC dream
Asean eCommerce boom
Pivot to fringe tokens
Multistrats become gatekeepers
UK rental troubles spike
New risks, new opportunities
Five-pronged strategy for Singapore equities
Emerging markets turn a new page

Others Also Read