KHAZANAH Nasional Bhd’s bid to dispose of the nation’s only state-owned wafer foundry is a long time coming.
Save for the inking of a definitive agreement with Dagang Nexchange Bhd
(DNeX), the deal for the sovereign wealth fund’s divestment of Silterra Malaysia Sdn Bhd is now in the final lap as it irons out the terms and conditions with DNeX.
It has been a long 13 years and roughly three failed attempts by Khazanah since 2008 to sell off the loss-making chip maker.
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