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