PETALING JAYA: The race to acquire Silterra Sdn Bhd has taken on a new course with one contender told to match the price of another bidder.
In the latest twist of the tussle for the loss-making wafer foundry from Khazanah Nasional Bhd, sources said Dagang Nexchange Bhd
(DNeX) has emerged as the frontrunner, but it is now being asked to match the bid price of Nuglobal Ventures Sdn Bhd (NGV).
Khazanah had earlier opened up the bid for Silterra to foreign investors, which attracted global giants such as Taiwanese semiconductor manufacturer Foxconn and German-based semiconductor foundry X-Fab.
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