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Huang Hsiang Sells Stake in Delta Electronics Worth NT$373 Million; Shares Rise 4%

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Huang Hsiang Construction (TPE:2545) disposed of shares in Delta Electronics (TPE:2308) for NT$372.9 million, according to a Monday Taiwan Exchange filing.

Shares gained about 4% in Tuesday's afternoon trade.

The company sold 195,000 shares at an average price of NT$1,912.18 each, between April 16 and April 20.

The transaction generated a gain of NT$30.1 million. Following the sale, the company holds 339,000 shares, equivalent to a 0.013% stake in Delta Electronics, it said.

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