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TPE:3008

13 stories mentioning TPE:3008Updated 12d ago

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Asia

Largan Precision to Buy Taichung Land, Building for NT$607 Million

Largan Precision (TPE:3008) said it has agreed to acquire land and a building in Taichung, Taiwan, for NT$606.8 million from Shing Kuang Heat‑Treatment Ent, according to a Friday Taiwan Exchange filing.The transaction covers 4,518 square meters of land and a 4,675 square meter building, the filing said.Largan said the purchase is intended to meet future capacity expansion needs.

TPE:3008
Asia

Largan Precision's Unit Invests $17 Million in Halo Industries

Largan Precision's (TPE:3008) subsidiary, Ba Fang International Investment, acquired around 2.2 million series B-2 preferred shares in Halo Industries for $7.75 apiece, totaling $17 million, according to a Thursday filing with the Taiwan Exchange.The camera lens maker's subsidiary funded the investment through its internal funds, securing a 4.8% stake in the U.S. company.

TPE:3008
Asia

Largan Precision to Buy Land, Buildings Worth NT$3 Billion

Largan Precision (TPE:3008) agreed to acquire land and buildings in Taichung, Taiwan, for NT$3.08 billion.The property will be purchased from Ke Hung Industrial, according to a Tuesday Taiwan Exchange filing.The property comprises 20,800.47 square meters of land, and 23,319.05 square meters of buildings.The acquisition will meet the company's future capacity expansion needs.

TPE:3008
Asia

Largan Precision Cuts Hong Kong Subsidiary's Capital

Largan (Hong Kong), a subsidiary of Largan Precision (TPE:3008), has reduced its share capital by HK$31.1 million, or 99.99%, to HK$1, according to a Monday filing to the Taiwan Stock Exchange.The capital reduction, which involved no share cancellations, was made as part of the company's operational planning and to adjust its capital structure, the filing said.

TPE:3008
Asia

LARGAN Precision to Inject NT$2 Billion in Wholly-Owned Arm; Shares Down 3%

LARGAN Precision Co (TPE:3008) has approved an investment of NT$ 2 billion in its wholly-owned subsidiary Bafang International Investment, according to a Monday filing to the Taiwan stock exchange.The company's shares were down nearly 3% in Tuesday's trade.For the long-term investment, Bafang will issue 200 million shares at an issue price of NT$10 per share to LARGAN.

TPE:3008
Asia

Largan Precision to Buy Land and Building for NT$1.38 Billion; Shares Down 5%

Largan Precision (TPE:3008) will acquire land and a building in Taichung's Xitrun District for NT$1.38 billion according to a Friday filing with the Taiwan Exchange.The property comprises 10,134.4 square meters of land and a building of 5,495 square meters.The new facility will help meet future capacity expansion needs.

TPE:3008
Asia

Largan Precision Buys Property Worth NT$561 Million

Largan Precision (TPE:3008) acquired a land parcel and building in Taichung, Taiwan, for NT$561.4 million.The property will be purchased from Ever Rich Fountain Enterprise, according to a Tuesday filing with the Taiwan Exchange. It comprises 4,124 square meters of land and an 8,834.67-square-meter building.The acquisition will support the smartphone camera lenses supplier's future capacity expansion.

TPE:3008
Research

Cathay Securities Upgrades Largan Precision to Buy From Neutral; Price Target is NT$4,850

Largan Precision (TPE:3008) has an average rating of overweight and mean price target of NT$4,891.58, according to analysts polled by FactSet.

TPE:3008
Research

Masterlink Securities Upgrades Largan Precision to Buy From Hold; Price Target is NT$5,100

Largan Precision (TPE:3008) has an average rating of overweight and mean price target of NT$4,573.84, according to analysts polled by FactSet.

TPE:3008
Research

Fubon Securities Upgrades Largan Precision to Buy From Neutral; Price Target is NT$6,340

Largan Precision (TPE:3008) has an average rating of overweight and mean price target of NT$4,573.84, according to analysts polled by FactSet.

TPE:3008
Asia

Largan Precision Buys Property for T$628 Million; Shares Rise 5%

Largan Precision (TPE:3008) acquired land and a building in Taichung, Taiwan, for NT$628.3 million, according to a Wednesday Taiwan Exchange filing.Shares gained over 5% in Thursday's late afternoon trade.The property was purchased from Yoke Industrial, and will be used to support future capacity expansion needs, it said.

TPE:3008
Asia

Largan Precision Buys Machinery Worth NT$648 Million

Largan Precision (TPE:3008) acquired machinery worth NT$647.6 million from Hans Laser Technology Industry Group (SHE:002008).The machinery was purchased between Sept. 4, and June 15, for production use, according to a Monday Taiwan Exchange filing.

SHE:002008TPE:3008
Asia

Largan Precision to Buy Facility Equipment Worth NT$1.5 Billion

Largan Precision (TPE:3008) will acquire facility equipment worth NT$1.54 billion, according to a Monday Taiwan Exchange filing.Shares slid over 2% in Tuesday's midday trade.The equipment will be supplied by Yankey Engineering. The investment is aimed at supporting production capacity expansion, it said.

TPE:3008

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