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Chang Wah Electronmaterials Inc to acquire 70 pct stake in Taiwan-based company

Wednesday, 25 Dec 2013 04:03am EST 

Chang Wah Electronmaterials Inc:Says it will acquire 70 pct stake (49,700,000 shares) in a Taiwan-based electronics company, from Sumiko Tape Materials Singapore Pte. Ltd.Says transaction price is approximately T$250 million in total or T$5.0301811 per share.Says the company will hold 100 pct stake in the target company after the transaction. 

Company Quote

1.0 +1.59%
22 Oct 2014