AN intense bidding war for local semiconductor wafer foundry Silterra Malaysia Sdn Bhd is ongoing, which has also resulted in confusion over whether foreign parties are allowed to own a majority stake in the asset, sources say.
Sources say that Khazanah Nasional Bhd, which wholly owns Silterra, had begun a divestment process for Silterra in February this year.
Already a subscriber? Log in.
Subscribe now and receive FREE sooka plan for 1 month.
T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!