Fu-Chian Tire Corporation Limited (GTSM:5102) agreed to acquire an additional 2.66% stake in Founding Construction & Development Co., Ltd. (TSEC:5533) for approximately TWD 140 million in cash on November 20, 2015. Fu-Chian Tire agreed to acquire additional 7.14 million shares for TWD 19.36 per share. Prior to the transaction, Fu-Chian Tire Corporation Limited held 2.16% stake in Founding Construction & Development Co., Ltd.

Fu-Chian Tire Corporation Limited (GTSM:5102) cancelled the acquisition of an additional 2.66% stake in Founding Construction & Development Co., Ltd. (TSEC:5533) on November 20, 2016.