Official Opinion by Tuan Capital
THE NEXT ALL TIME HIGH STOCK OF BURSA
DNEX DAGANG NEXCHANGE
Relevant:
- Silterra
Silterra is the only wafer expert in Malaysia
- Foxconn backed
Foxconn actively involved in company as can see some of them hold quite chunk of share other than foxconn owned.
- Booming sector business
Dnex advantages :
-information IT which back by strong governemnt contract
-oil and gas : recently acquired PING Petroleum with low cost upstream producer going to reap high profit of above 70 dollar per barrel oil
-semiconductor : Silterra wafer producer expert with effort to fulfill shortage of chips and upcoming EV business segment
Recent news
https://www.klsescreener.com/v2/news/view/852417
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Foxconn, Dagang NeXchange in Talks on Electric-Vehicle Ventures
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July 9, 2021 3:22 am ET | WS Journal
Malaysian information communication technology company Dagang NeXchange Bhd., or DNeX, is in talks with shareholder Foxconn about collaborating in the production of semiconductors and businesses related to the electric-vehicle value chain.
The early stage talks are part of SilTerra Malaysia Sdn. Bhd.’s expansion goals, DNeX managing director Syed Zainal Abidin Syed Mohamed Tahir told The Wall Street Journal. SilTerra is a semiconductor specialist that DNeX is acquiring on expectations of strong multiyear demand for chips.
“Our immediate focus is to penetrate the booming EV market,” Mr. Syed Zainal said. He added that SilTerra has the technical capabilities to develop “a range of new products catered for EVs.”
SilTerra, Malaysia’s only wafer fabrication specialist, plans to move into manufacturing higher-margin products that make use of micro-electromechanical systems and silicon photonics, Mr. Syed Zainal said. The former enables various functions ranging from gesture control, navigation and smart interfacing that facilitate autonomous driving, while the latter can be deployed as sensors for EVs.
Mr. Syed Zainal said other priorities for SilTerra include improving plant utilization and efficiencies as well as new capital investment to ease production bottlenecks amid strong demand for chips. The company expects chip demand to outstrip supply up to 2024.
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tuancapital
walao bro.u really insulted dnex. u know those 5 tech mentioned above if no chips or wafer, they cannot do business?
2021-07-10 03:43