Monday 9 January 2012

Inari climbs after saying may buy Amertron

Inari Bhd, a Malaysian semiconductor-packaging services company, rose to the highest level in two months in Kuala Lumpur trading after it proposed buying Amertron Inc (Global), an electronics-manufacturing services provider.

The stock gained 5.3 per cent to 39.5 sen at 2:40 p.m. local time, set for its highest close since Nov 9. Inari aims to complete due diligence within 60 days, its statement said. -- Bloomberg



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