Kaimei Electronic Corp. (GTSM:5317) agreed to acquire Bothhand Enterprise Inc (GTSM:3299) for TWD 5 billion on June 19, 2018. Kaimei Electronic Corp. will acquire Bothhand Enterprise Inc in a share swap deal. As part of consideration, each Bothhand Enterprise Inc share will be swapped with 0.93 of Kaimei Electronic Corp. share. Upon completion, Bothhand Enterprise Inc will become a 100% owned subsidiary of Kaimei Electronic Corp. The transaction is subject to regulatory approvals and approval of shareholders of Bothhand Enterprise. The Board of Bothhand Enterprise Inc resolved to implement the transaction on June 19, 2018. The special shareholders' meeting of Bothhand Enterprise Inc will be convened on August 8, 2018. Bothhand Enterprise Inc shall submit an application to the Taipei Exchange to delist from the exchange and shall also apply to Financial Supervisory Commission to cease the public status before December 11, 2018. The special committee for merger and acquisition of Bothhand Enterprise Inc. will report the transaction in the first extraordinary shareholders meeting. The transaction is expected to complete on December 11, 2018. Kaimei Electronic Corp. (GTSM:5317) completed the acquisition of Bothhand Enterprise Inc (GTSM:3299) on November 29, 2018. Bothhand Enterprise Inc was delisted on November 29, 2018.