Analysts are positive on Inari Amertron Bhd’s RM1.07 billion private placement. In a note, TA Securities Research analyst Wilson Loo pointed out that while the proposed private placement will be dilutive to earnings per share (EPS) on the onset, he is positive on the move as the proceeds raised will bode well and come in handy, especially for sizeable and accretive acquisitions and investments, while also alleviating potential stress on its balance sheet.
