Rechi Precision Co., Ltd. acquired minority unknown stake in Dyna Rechi Co., Ltd. from Taiwan Sanyo Electric Co.,Ltd., Richtek Technology Corporation, Ablek Technology Ltd. and Hsu,Yung-fu.
March 11, 2024
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Rechi Precision Co., Ltd. (TWSE:4532) acquired unknown minority stake in Dyna Rechi Co., Ltd. from Taiwan Sanyo Electric Co.,Ltd. (TWSE:1614), Richtek Technology Corporation, Ablek Technology Ltd. and Hsu,Yung-fu for approximately TWD 310 billion on March 12, 2024. Rechi Precision Co., Ltd. (TWSE:4532) hold 94.42% stake in Dyna Rechi Co., Ltd. after this acquisition.
Rechi Precision Co., Ltd. (TWSE:4532) completed the acquisition of unknown minority stake in Dyna Rechi Co., Ltd. from Taiwan Sanyo Electric Co.,Ltd. (TWSE:1614), Richtek Technology Corporation, Ablek Technology Ltd. and Hsu,Yung-fu on March 12, 2024.
Taiwan Sanyo Electric Co., Ltd. is principally engaged the manufacturing and distribution of household electrical appliances. The Companyâs products consist of household electrical appliances, including refrigerators, freezers, washing machines, clothes dryers and air conditioners; wireless products, including color televisions, thin televisions, video and audio disk players; small household electrical appliances, including stereos, electrical fans, electrical shavers, electrical cookers, microwave ovens and mixers, among others. The Company distributes its products within domestic market and to overseas markets.