Brief: Chang Wah Electromaterials to buy 40 pct stake in SH Asia Pacific Pte.Ltd. at 6 bln yen instead of 30 pct stake

Chang Wah Electromaterials

16/02/2017 03:33

Feb 16 (Reuters) - Chang Wah Electromaterials Inc  8070.TW : 
     
    * Says it will buy 40 percent stake in SH Asia Pacific 
Pte.Ltd. at 6 billion yen in total from SH Materials Co., Ltd., 
instead of 30 percent stake in SH Asia Pacific  
Pte. Ltd. at 4.5 billion yen 
    * Says it will hold 40 percent stake in the target company 
after acquisition 
     
     
    Source text in Chinese: https://goo.gl/hzdHk4 
    Further company coverage: 8070.TW  
 
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