KMC (Kuei Meng) International Inc. (GTSM:5306) agreed to acquire KMC Chain Industrial Co., Ltd. and Tec Chains Co., Ltd from a Hong Kong based company on March 10, 2016. Under the terms of transaction, KMC (Kuei Meng) will acquire KMC Chain, Tec Chains and an unknown Suzhou based company for TWD 1.6 billion. KMC (Kuei Meng) International Inc. (GTSM:5306) completed the acquisition of KMC Chain Industrial Co., Ltd. and Tec Chains Co., Ltd from a Hong Kong based company in 2016.