Mildex Optical Inc. (TPEX:4729) made an offer to acquire 30% stake in Zimmite Taiwan Ltd. (TPEX:8435) for approximately TWD 680 million on February 16, 2024. Under the terms, Mildex will pay TWD 72 per share. Mildex will finance the acquisition from self-owned funds. The transaction was approved by the Board of Directors of Mildex. The transaction is subject to minimum acquisition amount of 5% stake. The public acquisition period is from February 20, 2024 to March 20, 2024. As of March 5, 2024, all conditions have been satisfied. Chang chun hsiu of Biing Cherng CPAs acted as an accountant while Jennifer Wang and Doris Lu of Chen & Lin acted as legal advisors for Mildex Optical.

Mildex Optical Inc. (TPEX:4729) completed the acquisition of 11.8% stake in Zimmite Taiwan Ltd. (TPEX:8435) for approximately TWD 270 million on March 20, 2024.