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Press Releases
  2010/10/28  
  Delta Electronics Announces YT3Q 2010 Financial Results and
the Board of Directors Approves the Summary Merger of Subsidiary Pre-Optix Co. Ltd.
 
   
   
Taipei, Taiwan, October 28, 2010 -- Delta Electronics today announced YT3Q 2010 financial results and held a meeting of the Board of Directors, which announced the approval of the summary merger of subsidiary Pre-Optix Co. Ltd.

Delta Electronics' YT3Q 2010 financial results, reviewed by CPA, were as follows: The Company's consolidated YT3Q 2010 sales revenues were NT$125,391,633,000, net income after tax NT$12,366,656,000, and earnings per share NT$5.28.

The Board also approved the following:

1.The Board approved the summary merger of subsidiary Pre-Optix Co. Ltd. with the pricing of NT$12.5 per share paid to the shareholders of Pre-Optix. The merger is intended to integrate resources to improve economies of scale, reduce operating costs and enhance market competitiveness. Record date of the merger is tentatively set for 2011/03/01.

2.The Board approved the subscription to new shares of Delta Electronics Capital Company with 100,000,000 shares, par value NT$10 per share, and total consideration NT$1,000,000,000.
News Source: Investor Services
     
   
 
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