Alchip Technologies' (TPE:3661) wholly owned subsidiary Alchip Investment's unit plans to invest $9 million in a proposed new fund, tentatively called ACHI Capital Partners Fund L.P. II, according to a Friday filing with the Taiwan bourse.
The transaction is equivalent to 0.32% of total assets and 0.48% of shareholders' equity. The fund is not a related party of the company, and the investment contract has yet to be signed, it said.