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    1504 — Teco Electric and Machinery Co., News Story

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    Brief: Teco Electric's Board Approves Acquisition Of Malaysia's Dynaciate Engineering

    Picture of Teco Electric and Machinery Co., logoTeco Electric and Machinery Co.,
    12/05/2026 12:09
    May 12 (Reuters) - Teco Electric and Machinery Co., Ltd 1504.TW:

BOARD APPROVES ACQUISITION OF MALAYSIA'S DYNACIATE ENGINEERING FOR ABOUT 200 MILLION RINGGIT ($50.86 million); DEAL TO CLOSE IN AUGUST

TO TAKE CONTROLLING STAKE IN DYNACIATE ENGINEERING

ACQUISITION TO ACCELERATE PUSH TO BECOME AI DATA CENTRE SOLUTIONS PROVIDER, EXPAND MODULAR DATA CENTRE ENGINEERING IN SOUTHEAST ASIA

Further company coverage: 1504.TW

($1 = 3.9320 ringgit)

 (Reporting by Lee Wen-Yee;)

 ((Ethan.Wang@thomsonreuters.com;))

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