THE Sarawak Government’s stake in wafer foundry 1st Silicon (M) Sdn Bhd will be reduced to 35% after the company’s merger with Germany’s X-Fab Semiconductor Foundries.
X-Fab, through holding company X-Trion, will have a 65% stake in the merged entity, X-Fab 1st Silicon Semiconductor Foundries, said state Second Finance Minister Datuk Wong Soon Koh.
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