FINWIRES · TerminalLIVE
FINWIRES

Unicomp to Buy Controlling Stake in Shanghai Semiconductor Testing Firm

-- Unicomp Technology (SHA:688531) plans to acquire a controlling interest in semiconductor testing and research firm, Shanghai Feilai Testing Technology, according to a Shanghai bourse filing on Wednesday.

The transaction, which is currently in the planning stage, will be made through share placement and cash.

Trading of the Chinese X-ray inspection equipment manufacturer's shares was suspended starting Wednesday, and the suspension is expected to run up to ten trading days.

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