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Far EasTone Telecommunications Co Ltd Announces Merger between Subsidiary and Sub-subsidiary


Wednesday, 11 Sep 2013 06:25am EDT 

Far EasTone Telecommunications Co Ltd announced that its subsidiary, which engages in the electronic information service, information software service and data processing service, will merge with its British Virgin Islands-based 76%-owned subsidiary, which also engages in the electronic information service, information software service and data processing service, effective October 11, 2013. For the merger, the subsidiary of the Company will pay NTD 14.40 million in total to the British Virgin Islands-based sub-subsidiary of the Company. After the merger, the sub-subsidiary will be dissolved. 

Company Quote

67.5
0.1 +0.15%
21 Nov 2014