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Press Releases
  Delta's Subsidiary DEISG Acquires a 42.85% Stake in Delta Electronics (Thailand) Public Company Limited
Delta Electronics, Inc. (“DEI”) today announced its subsidiary, Delta Electronics Int’l (Singapore) Pte. Ltd. (“DEISG”), has acquired 534,479,306 ordinary shares (approximately 42.85% of the total issued and paid-up shares) of Delta Electronics (Thailand) Public Company Limited (“DET”) at the offer price of THB 71.00 per share, for a total monetary amount of the transaction of THB 37,948 million (approximately NTD 36,961 million). This transaction is the result of the Conditional Voluntary Tender Offer (”CVTO”)launched on February 26, 2019 to acquire the ordinary shares of DET. The offer period of such CVTO has concluded on April 1, 2019. After the CVTO, Delta Electronics, Inc. and its subsidiaries aggregately hold a stake of 63.78% of the total issued and paid-up shares of DET.
News Source: Delta Electronics
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