Powertech to terminate share agreement with China's Tsinghua Unigroup -Taiwan exchange

Powertech Technology

13/01/2017 09:25

TAIPEI, Jan 13 (Reuters) - Powertech Technology Inc 
 6239.TW  is terminating its share agreement with China's 
Tsinghua Unigroup Ltd, the Taiwan Stock Exchange said on Friday. 
    The exchange, in a notice about pending announcements by 
listed companies, said the Taiwanese chip tester and packager 
will detail the termination in a disclosure soon. 
    In November, Tsinghua Unigroup said via one of its units 
that its plans to take a partial share in Powertech faced rising 
risks due to an ongoing regulatory review in Taiwan. 
 urn:newsml:reuters.com:*:nL4N1DQ36W 
    Powertech could not be immediately reached for comment. 
 
 (Reporting by J.R. Wu) 
 ((jr.wu@thomsonreuters.com; +886 2 2500 4881; Reuters 
Messaging: jr.wu.thomsonreuters.com@reuters.net)) 
 
Keywords: POWERTECH TECH TSINGHUA/