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Sovereign Wealth Funds Briefing - Categorized | Investment

UOB: Khazanah to take 20pct stake in Inari

Posted on 04 October 2013

Khazanah Nasional Bhd is poised to take a 20 per cent stake in Inari Amertron Bhd, Singapore-based UOB Kay Hian said in a private report to its tier one clients. “The deal would see Inari placing out a 20 per cent stake to Khazanah in exchange for a stake in SilTerra Malaysia Sdn Bhd, a wafer fabrication facility that is 98 per cent owned by Khazanah,” UOB said in the report.
The report came a few days after Affin Research revised its target price for Inari from RM1.11 to RM1.70………………………………………..Full Article: Source


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