Saturday, October 5, 2013

Khazanah denies eyeing 20% of Inari Amertron

Khazanah denies eyeing 20% of Inari Amertron
KUALA LUMPUR: Khazanah Nasional Bhd has denied it is looking at a 20% stake in Inari Amertron Bhd.

“The news report attributed to a stockbroker report on Khazanah taking a 20% stake in Inari Amertron in exchange for a stake in Silterra (M) Sdn Bhd is false and baseless,” a spokesperson for the sovereign fund said.

Inari Amertron vice-chairman Dr Tan Seng Chuan, however, declined to comment on the report at a press conference after its EGM, saying only the management had not been “approached by anyone from Khazanah”.


“I cannot comment on that because I have not read the report,” Tan told reporters after the electronic manufacturing services (EMS) provider’s EGM to approve amendments to articles of association and the establishment of an employees share option scheme.

Tan pointed out that Silterra was a wafer fabricator while Inari Amertron was an assembly, test and packaging company.

“We are in different spaces… although we are both in the semiconductor industry,” he said when asked if there was any synergy between the two companies.

To recap, a local daily had quoted a brokerage’s private note to clients that Inari Amertron could be placing out a 20% stake to Khazanah in exchange for a stake in Silterra.

Its warrants closed 1.5 sen higher at 73.5 sen, with 19.28 million units changing hands, while the mother shares dipped two sen to RM1.09, with 5.46 million traded.

Insas Bhd, which owns some 35% of the EMS firm, emerged as one of the most active counters, with 20.67 million shares changing hands and the price rising one sen to 59.5 sen.

Tan said: “We would continue to grow organically and, at the same time, look at opportunities for acquisitions due to the large size of the EMS market.”

He also said the company’s plan to transfer from the Ace to the Main Market was “on track” and hoped to complete the process by the year-end.

“The main difference (in moving to the Main Market) is investor interest. Many funds and institutions don’t have the charter to invest in Ace Market companies,” he noted.

Tan also said once it consolidated Amertron’s profit and loss with Inari’s existing books, its sales revenue would be three times its current performance.

Inari completed the acquisition of Philippines-based opto-electronics maker Amertron Inc (Global) Ltd mid this year.

Group chief executive officer K. C. Lau is optimistic on its business growth, which is driven by demand for mobile-phones and tablets. “Those are the areas that we invest heavily in. In the past six months, we have seen a lot of excitement in this segment,” he said.


Source/Extract/Excerpts/来源/转贴/摘录: .thestar.com.my
Publish date: 05/10/13

No comments:

Post a Comment

Warren E. Buffett(沃伦•巴菲特)
Be fearful when others are greedy, and be greedy when others are fearful
别人贪婪时我恐惧, 别人恐惧时我贪婪
投资只需学好两门课: 一,是如何给企业估值,二,是如何看待股市波动
吉姆·罗杰斯(Jim Rogers)
“错过时机”胜于“搞错对象”:不会全军覆没!”
做自己熟悉的事,等到发现大好机会才投钱下去

乔治·索罗斯(George Soros)

“犯错误并没有什么好羞耻的,只有知错不改才是耻辱。”

如果操作过量,即使对市场判断正确,仍会一败涂地。

李驰(中国巴菲特)
高估期间, 卖对, 不卖也对, 买是错的。
低估期间, 买对, 不买也是对, 卖是错的。

Tan Teng Boo


There’s no such thing as defensive stocks.Every stock can be defensive depending on what price you pay for it and what value you get,
冷眼(冯时能)投资概念
“买股票就是买公司的股份,买股份就是与陌生人合股做生意”。
合股做生意,则公司股份的业绩高于一切,而股票的价值决定于盈利。
价值是本,价格是末,故公司比股市重要百倍。
曹仁超-香港股神/港股明灯
1.有智慧,不如趁势
2.止损不止盈
成功者所以成功,是因为不怕失败!失败者所以失败,是失败后不再尝试!
曾淵滄-散户明灯
每逢灾难就是机会,而是在灾难发生时贱价买股票,然后放在一边,耐性地等灾难结束
  • Selected Indexes 52 week range

  • Margin of Safety

    Investment Clock

    World's First Interactive Investment Clock