An unknown buyer acquired 3.8% stake in MNTech Co., Ltd. from Chang Wah Electromaterials Inc. for approximately TOP 120 million.
September 05, 2016
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An unknown buyer acquired 3.8% stake in MNTech Co., Ltd. (KOSDAQ:A095500) from Chang Wah Electromaterials Inc. (TSEC:8070) for approximately TWD 120 million on September 6, 2016. Chang Wah Electromaterials Inc. (TSEC:8070) sold 0.8 million shares and now owns 0.4 million shares.
An unknown buyer completed the acquisition of 3.8% stake in MNTech Co., Ltd. (KOSDAQ:A095500) from Chang Wah Electromaterials Inc. (TSEC:8070) on September 6, 2016.
MNtech Co., Ltd. is a Korea-based company engaged in the manufacture of optical films for display applications. The Company mainly produces optical films, such as prism sheets, lens sheets and others, which are used for liquid crystal display (LCD) back light units (BLUs); touch panels, such as conductive films and touch panels; window films, which are used as window tinting of automobiles and building safety films, and reflective films, which are used for traffic signs, street signs and other safety products. The Company distributes its products within domestic market and to overseas markets, including China, Taiwan, Japan and others.