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Message: Silterra Sale Update.

Silterra Malaysia Sdn Bhd ( founded in Nov 1995)
Revenue 2014: RM27.1 billion (US$ 1 billion)
Number of employees: 1500

KUALA LUMPUR (Feb 9 2021): Dagang NeXchange Bhd (DNeX) rose in active trade this morning after winning a bid to acquire semiconductor fabricating company SilTerra Malaysia Sdn Bhd.

A consortium led by DNeX has won the bid to acquire SilTerra from Khazanah Nasional Bhd, according to DNeX in a bourse filing yesterday.
DNeX said Khazanah had informed it last Friday (Feb 5) that it had won its bid for the entire issued share capital of SilTerra, subject to the signing of a definitive agreement.
DNeX also explained that the acceptance of the bid is still subject to strict confidentiality with Khazanah and no further details of the bid can be publicly disclosed until the signing of the definitive agreement.
https://www.theedgemarkets.com/article/dnex-rises-active-trade-after-winning-bid-acquire-semiconductor-fabricating-company

About DNeX
We organise our businesses into two core offerings: IT & eServices and Energy. 
DNeX is a leading service provider in Malaysia’s trade facilitation and energy sector.
Set up in 1970, our core businesses stem into a myriad of sectors that encompasses a family of specialised companies, each providing customised services, solutions and infrastructures, engineered and led by industry experts.
http://www.dnex.com.my/


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