SilTerra Malaysia managers arrested in anti-corruption probe

Several managers at semiconductor firm SilTerra Malaysia have been arrested by the MACC, said parent company Dagang NeXchange Bhd (DNeX) in a stock exchange filing today.

SilTerra Malaysia was the subject of a takeover battle in February which saw DNeX and a Chinese partner outbid Taiwan's Foxconn.

SilTerra was notified that the arrests...