# Unisem chairman and Tianshui Huatian Technology launch takeover bid at RM3.30 per share

Unisem (M) Bhd received a pre-conditional voluntary conditional takeover offer from joint offerors including executive chairman John Chia Sin Tet and China's Tianshui Huatian Technology Co Ltd at RM3.30 per share, with a total outlay of RM1.82 billion. The offer is conditional on approvals including TSHT's shareholders and Chinese regulatory bodies.

- Type: Acquisition
- Announced: 2026-09-12
- Where: Malaysia
- Value: $400.0M (1.82B MYR)
- Status: announced
- Products: semiconductor manufacturing services
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Tianshui Huatian Technology Co Ltd](https://endata.com/companies/16239.md) (acquirer)
- [John Chia Sin Tet](https://endata.com/companies/16240.md) (acquirer)
- [Unisem (M) Bhd](https://endata.com/companies/16241.md) (target)

## Sources

- [theedgemalaysia.com](https://theedgemalaysia.com/article/unisem-chairman-and-chinese-partner-launch-takeover-bid-rm330-share), 2026-11-06: "The pre-conditional offer is being made at RM3.30 per share, with a total outlay of RM1.82 billion for the exercise, the semiconductor manufacturer said in a filing with the stock exchange today."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.