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KUALA LUMPUR: Dagang NeXchange Bhd (DNeX) has a new substantial shareholder in Taiwan’s Foxconn Technology Group, which is the main assembler of Apple Inc’s iPhones.
Dagang NeXchange Bhd's (DNeX) share and warrant prices rose and became the most-actively traded securities in morning trade on Bursa Malaysia today following news that Hon Hai Precision Industry Co Ltd, the main assembler of Apple Inc’s iPhones, has acquired 120 million shares or a 5.03% stake in DNeX for RM108 million.