04.10.2013 - UOB: Khazanah to take 20pct stake in Inari
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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