Compeq Manufacturing (TPE:2313) unit Compeq Technology (Thailand), acquired a batch of machinery and equipment from affiliated company Pelican Cove Investment for NT$328 million.
The acquisition was made through a series of transactions between March 31 and July 29, according to a Wednesday Taiwan Exchange filing.
The will use the machinery and equipment for production, 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