TYC Brother Industrial Co., Ltd. (TSEC:1522) acquired an additional 26.39% stake in Innova Holding Corporation for $8.3 million in cash on February 16, 2016. Under the terms of the transaction, TYC Brother acquired 1,464 shares of Innova Holding Corporation at $5,700 per share.

TYC Brother Industrial Co., Ltd. (TSEC:1522) completed the acquisition of an additional 26.39% stake in Innova Holding Corporation on February 16, 2016.