Seiko PMC Corporation (TSE:4963) agreed to acquire an additional 30% stake in Total Acrylic Polymer Industry Corp. from Nan Pao Resins Chemical Co., Ltd. (TWSE:4766) for approximately TWD 410 million on November 10, 2021. As per the transaction, Seiko PMC Corporation will acquire 1.5 million shares at TWD 270 per share.

The settlement of the case is planned to be completed before the end of December, 2021. Hao-Wen Hsu of WLCC & Co., Certified Public Accountants acted as accountant to Nan Pao Resins Chemical Co., Ltd.