TAI-TECH Advanced Electronics Co., Ltd. (TPEX:3357) agreed to acquire 28.42% stake in Apaq Technology Co., Ltd. (TWSE:6449) for TWD 1.5 billion on March 17, 2023. TAI-TECH will acquire 28.42% stake in Apaq for TWD 58 per share. TAI-TECH Advanced Electronics Co., Ltd. (TPEX:3357) paid the consideration for the public offer with its own funds on the account, and has remitted all the cash consideration for the public offer to the public offer opened by the appointed institution bank account, and commissioned Chen Zhao-Hui, an accountant from Crowe Taiwan, to issue a confirmation letter that the public tender offeror has the ability to pay the consideration for the acquisition, which shows that the public tender offer has sufficient funds.

TAI-TECH Advanced Electronics Co., Ltd. (TPEX:3357) completed the acquisition of 28.42% stake in Apaq Technology Co., Ltd. (TWSE:6449) on April 13, 2023.