Malaysia: Dagang NeXchange scouting for tech, energy acquisitions to boost profit

Malaysia: Dagang NeXchange scouting for tech, energy acquisitions to boost profit

Photo: REUTERS/Edgar Su

Dagang NeXchange Bhd., Malaysia’s best performing midcap stock, is in merger talks for its technology and energy businesses, betting acquisitions will boost its profit growth target to double digits this year.

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