Did you know that $INARI / 0166 (INARI AMERTRON BERHAD) came into existence through the merger of Inari Berhad and Amertron Inc (Global) Limited?

Inari Berhad, initially listed on the ACE Market of Bursa Malaysia in 2011, successfully transitioned its listing to the Main Market of Bursa Malaysia in 2014. Its listing was facilitated by $INSAS / 3379 (INSAS BERHAD), which holds a 44.05% stake in the company as its associate. At the time of listing, Inari primarily operated as an Electronics Manufacturing Services (EMS) company, specializing in semiconductor packaging, encompassing back-end wafer processing, package assembly, and final testing for wireless microwave telecommunication semiconductor products.

The $INARI / 0166 (INARI AMERTRON BERHAD) we see today has evolved significantly following the acquisition of Amertron. In 2013, Inari finalized its acquisition of Opto-Electronics Manufacturer Amertron Inc (Global) Limited. The acquisition, valued at US$32 million (RM102.87 million), enabled Inari to diversify its EMS business, incorporating opto-electronics and fiber-optics products. This transformation elevated Inari from being solely a downstream manufacturer to encompassing mid and downstream operations within the semiconductor industry.

Presently, $INARI / 0166 (INARI AMERTRON BERHAD) stands as the largest tech company in Malaysia by market capitalization. Its core operations revolve around Outsourced Semiconductor Assembly and Test (OSAT) as well as EMS industries.