AVY Precision Technology Inc. (GTSM:5392) agreed to acquire Jabon International Co., Ltd. (GTSM:1566) for TWD 1.5 billion on January 28, 2019. Under the terms of transaction, one Jabon International Co., Ltd. share will be swapped for 0.5291 AVY Precision Technology Inc. share. After the share swap operations are completed and approved by regulators, AVY Precision Technology Inc. will remain listed on the Taipei Exchange and Jabon International Co., Ltd. will be delisted. JaBon International Co., Ltd. will merge with AVY Precision Technology INC. and become a wholly-owned subsidiary of AVY Precision Technology INC. The transaction is subject to approval from shareholders of AVY Precision Technology Inc. and Jabon International Co., Ltd. and by regulators. The transaction has been approved by the Board of AVY Precision Technology Inc. and Jabon International Co., Ltd. The shares of Jabon will be suspended starting July 25, 2019, and will be terminated starting July 31, 2019. AVY Precision Technology Inc. (GTSM:5392) completed the acquisition of Jabon International Co., Ltd. (GTSM:1566) on July 31, 2019.