Brief: Tongfang Guoxin Electronics' unit to invest in Taiwan's Powertech Technology
26/01/2016 08:41
Jan 26 (Reuters) - Tongfang Guoxin Electronics 002049.SZ
* Says unit signs agreement to invest T$19.5 billion
($580.62 million) in Taiwan's Powertech Technology 6239.TW
Source text in Chinese: http://bit.ly/1KBwAxc
Further company coverage: 002049.SZ
($1 = 33.5850 Taiwan dollars)
(Reporting by Hong Kong newsroom)
((hongkong.newsroom@thomsonreuters.com; (852) 2843-6441;
Reuters Messaging: chyenyee.lee.reuters.com@reuters.net))
Recent news on POWERTECH TECHNOLOGY
See all newsBrief: Taiwan Economy Ministry Approves Powertech To Invest $400 Million To Set Up Singapore JV XCIP Technologies With Broadcom
Brief: Powertech Technology Has Bought Back Company Shares For T$240.37 Million
Brief: Powertech Technology Has Bought Back Company Shares For Total Of T$419.3 Million
Brief: Powertech Technology's Unit Acquires Machinery Equipment For T$1.22 Bln
Taiwan's PTI to invest $400 million in packaging venture with Broadcom