Arisawa Mfg. Co., Ltd. completed the acquisition of additional 32.2% stake in ThinFlex Corporation from Chang Wah Electromaterials Inc. and others for TWD 1.2 billion.
Arisawa Mfg. Co., Ltd. (TSE:5208) completed the acquisition of additional 32.2% stake in ThinFlex Corporation (GTSM:3144) from Chang Wah Electromaterials Inc. (TSEC:8070) and others for TWD 1.2 billion on January 26, 2021. Arisawa acquired 32.4% stake in ThinFlex. Post completion, Arisawa will hold 85.03 million shares representing 84.5% stake in ThinFlex. The share will be transferred on February 2, 2021.