Dnex group managing director Tan Sri Syed Zainal Abidin Syed Mohamed Tahir admits that both the businesses will require high capex spending and that the group is finalising its capex for the next three years.
RIDING on the demand boom for technology devices and crude oil, Dagang Nexchange Bhd
(Dnex) seems to have found a sweet spot. The company is in semiconductor manufacturing and oil and gas (O&G) production. It also has an information technology (IT) business.
Dnex made two major acquisitions last year – a 60% stake in Silterra Malaysia Sdn Bhd and taking an additional 60% of Ping Petroleum Ltd.
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