Kaimei Electronic Corp. (GTSM:5317) made an offer to acquire 45% stake in TA-I Technology Co., Ltd. (TSEC:2478) for TWD 2 billion on January 20, 2017. Kaimei Electronic Corp. (GTSM:5317) made an offer to acquire 79 million shares of TA-I Technology Co., Ltd. (TSEC:2478) at TWD 24.76 per share. The offer period is January 20, 2017 to February 23, 2017.

Kaimei Electronic Corp. (GTSM:5317) cancelled the acquisition of 45% stake in TA-I Technology Co., Ltd. (TSEC:2478) on February 23, 2017. A total of 4.08 million shares responded to the public takeover, which is lower than minimum standard of 8.782 million shares. As a result, the public takeover failed.