DNeX’s SilTerra inks $400 mln supply agreement with China’s ChipOne Technology
KUALA LUMPUR: Dagang NeXchange Bhd (DNeX)’s subsidiary, SilTerra Malaysia Sdn Bhd, has entered into a wafer supply and purchase agreement with ChipOne Technology (Beijing) Co Ltd worth $400 million ($1=RM4.22). In a statement today, DNeX said under the multi-year agreement, SilTerra would supply wafers used in the production of semiconductor devices to ChipOne Technology, China’s […]
DNeX completes SilTerra acquisition, eyes global semiconductor market
KUALA LUMPUR: Dagang NeXchange Bhd (DNeX) has completed the acquisition of a 60 per cent stake in SilTerra Malaysia Sdn Bhd from Khazanah Nasional Bhd, making DNeX the majority shareholder of SilTerra. Group managing director of DNeX Tan Sri Syed Zainal Abidin Syed Mohamed Tahir said the group is confident in its ability to transform […]
Foxconn emerges as new substantial shareholder of DNeX
KUALA LUMPUR: Hon Hai Precision Industry Co Ltd’s subsidiary Foxconn Singapore Pte Ltd has emerged as a substantial shareholder of Dagang NeXchange Bhd (DNeX) with a 5.03 per cent stake. The Cyberjaya-headquartered technology firm said it had received an official notification from Foxconn on June 13, 2021, that the latter had acquired 120 million shares […]
