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TPE:2338

3 stories mentioning TPE:2338Updated 31d ago

Every FINWIRES story that references TPE:2338, newest first.

Asia

Taiwan Mask Unit in Talks to Buy Japanese Chip Equipment Service Provider

Taiwan Mask (TPE:2338) unit Everbright signed an exclusive letter of intent to acquire a 100% stake in a semiconductor equipment outsourcing service provider in Kumamoto, Japan, for up to 1 billion yen, according to a Wednesday Taiwan Exchange filing.The proposed acquisition is aimed at expanding the group's global semiconductor presence and strengthening localized customer support.Everbright will conduct due diligence before finalizing the transaction, with the purchase price and terms subject to adjustment based on the review.

TPE:2338
Asia

Taiwan Mask Divests Zhunan Plant for NT$2.8 Billion; Shares Rise 5%

Taiwan Mask (TPE:2338) completed the disposal of its Zhunan plant and related equipment to Siliconware Precision Industries worth NT$2.8 billion, according to its filing on Wednesday.Shares jumped over 5% in Thursday's midday trade.The photomasks manufacturer expects to book a gain of about NT$1.824 billion from the transaction.Taiwan Mask said the sale is aimed at asset optimization and focusing on core operations.

TPE:2338
Asia

Taiwan Mask Mulls Private Placement of Up to 20 Million Shares; Shares Rally 10%

Taiwan Mask (TPE:2338) board approved a plan to privately place up to 20 million shares in one to three tranches within a year, according to a filing with the Taiwan Exchange on Wednesday.Shares of the photomask manufacturer jumped about 10% in Thursday's midday trade.Proceeds from the offering are earmarked for working capital, factory expansion, machinery and equipment procurement, debt repayment, and other long-term development needs.Potential subscribers may include insider and related parties such as Luminous Rise Investment, TrueLight Corp., Star Fusion Group, and ALi Corp. (TPE:3041), although no final placees have been selected, it said.

TPE:2338

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