DNeX group managing director Tan Sri Syed Zainal Abidin Syed Mohamed Tahir said DNeX is open to any collaboration with strategic partners and investors that can bring value to the group.
KUALA LUMPUR: Hon Hai Precision Industry Co Ltd’s subsidiary Foxconn Singapore Pte Ltd has emerged as a substantial shareholder in Dagang Nexchange Bhd (DNeX) after purchasing 120 million shares.
A filing with Bursa Malaysia showed the shares, representing a 5.03% stake, were acquired on June 10 from the existing shareholders.
DNeX group managing director Tan Sri Syed Zainal Abidin Syed Mohamed Tahir said DNeX is open to any collaboration with strategic partners and investors that can bring value to the group.
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.