BizLink Unit Plans $16 Million Cash Capital Increase
BizLink (TPE:3665) unit BizLink Tech will carry out a $16 million cash capital increase.The funds will be invested through another unit, BizLink US, into BizLink Tech, according to a Friday Taiwan Exchange filing.Including the latest investment, cumulative investments in BizLink US, and BizLink Tech will amount to $145.1 million and $133.7 million, respectively, the cables and connectors maker said.