YEAR END RACE - DNEX: ROAD TO JOINING BIG LEAGUE PLAYER
tuancapital
Why DNEX have higher chances of winning to end of 2020?
-Silterra acquisition
DNEX outline RM1bil turnaround plan for Silterra including future contract from China arrange by partner 40% sharing as well utilised relationship with mimos.CGP proxy for the Chinese IC industry. Among its investee companies is Semiconductor Manufacturing International Corp.
Compared:
Foxconn 125mil usd with objective of using silterra as entrance into wafer foundry biz
xfab 70mil usd expanding network to asean region
green packet 56mil usd and expose to large network of semiconductor at asiahub bla bla bla...
wafer foundry biz already rare business with more than 1 billion to start up, highly experience and very long time taken needed. Malaysia is lucky enough for started up early venturing into what silterra today. foxconn also believe that by purchasing at 125mil usd is consider cheap because cost of startup itself is more than billion.
During 2016, khazanah once almost to inject 50% silterra and projected price surging at RM7.50.
http://www.sharetisfy.com/2016/01/aemulus-0181-injection-of-silterra-into.html
Dnex itself had proven track record on turnaround loss making time engineering.
Dateline: End of Dec 2020
-PING Petroleum acquisition
around corner tik tok tik tok
Dateline: End of Dec 2020
Tuan Capital
https://klse.i3investor.com/blogs/tuancapital_opinion/2020-12-18-story-h1538277367-YEAR_END_RACE_DNEX_ROAD_TO_JOINING_BIG_LEAGUE_PLAYER.jsp
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