Tyntek (TPE:2426) unit Tynopto (Wuhan) acquired a structured deposit of 86 million yuan from Industrial Bank (SHA:601166).
The deposit was purchased between August 22 and November 24, according to a Monday Taiwan Exchange filing.
The investment was financed using the semiconductor components manufacturer's own funds and is intended for investment and financial product purposes.
Following the transaction, Tynopto holds 42 million yuan in underlying securities, representing 7.47% of total assets and 9.83% of equity attributable to owners, it said.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments