According to Guoyang Electronics' announcement on November 10, the company plans to invest approximately TWD 6.44 billion to acquire a 60% stake in Bull Bull Construction and participate in its capital increase, raising its total shareholding to 70.22%. The transaction is structured in two parts: TWD 2.3 billion for participating in the capital increase, and TWD 4.14 billion to acquire existing shareholders' 60% stake. The company expects to complete the transaction procedures by the first quarter of 2027, subject to shareholder approval and regulatory filings. The investment aims to enhance resource integration, improve profitability, and accelerate the company's overall investment strategy and long-term development plan.
Disclaimer: This content is for informational purposes only and does not constitute investment advice or encourage the buying or selling of crypto assets. It is intended to provide information about industry developments and is not directly related to the services offered by Gate TR. Although information obtained from third-party sources has been carefully reviewed, Gate TR assumes no responsibility for any errors or omissions. Crypto assets involve high risks and may experience significant price fluctuations. Before making any investment decisions, you should assess your financial situation and risk tolerance, conduct your own research, and make decisions independently.