Pacific Electric Wire & Cable Co., Ltd. completed the acquisition of an unknown stake in Chung-Tai Technology Development Engineering Corp. from Tatung Co., Ltd..
May 19, 2023
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Pacific Electric Wire & Cable Co., Ltd. agreed to acquire unknown stake in Chung-Tai Technology Development Engineering Corp. from Tatung Co., Ltd. (TWSE:2371) for TWD 10.7 million on May 6, 2022. Under the terms, Pacific Electric Wire & Cable Co., Ltd. will acquire 2.2 million shares at TWD 4.88 per share in Chung-Tai Technology Development Engineering Corp.
Pacific Electric Wire & Cable Co., Ltd. completed the acquisition of an unknown stake in Chung-Tai Technology Development Engineering Corp. from Tatung Co., Ltd. (TWSE:2371) on May 20, 2022.
Tatung Co is a Taiwan-based company mainly engaged in the manufacture and sale of electronic and electrical products. The Company operates through four segments. The Optical segment is engaged in the development, manufacture and sale of thin-film transistor (TFT) large-size panels, small and medium-sized panels such as smartphones, tablet computers, car panels and touch panels. The Mechanical and Electrical Energy segment is engaged in the development, manufacture and sale of smart grids, smart meters, solar photovoltaics, light-emitting diode lighting, motors, electromechanical and energy management systems. The Consumer Products segment is engaged in the development, manufacture and sale of digital TVs, flat panel displays, digital media equipment, digital audio-visual, and home appliance products. The Other segment is engaged in other businesses.
Pacific Electric Wire & Cable Co., Ltd. completed the acquisition of an unknown stake in Chung-Tai Technology Development Engineering Corp. from Tatung Co., Ltd..
TATUNG CO., LTD. 
