[Lite-On Technology Corp.] Board of Directors Approves Capital Expenditure Plan for Wholly-Owned Subsidiary LITE-ON, INC.
Lite-On Technology Corp.'s board of directors approved a capital expenditure plan for its indirectly wholly-owned U.S. subsidiary, LITE-ON, INC., not exceeding USD 919 million. This investment aims to meet the demands of business development and capacity planning.
📋 Article Processing Timeline
- 📰 Published: April 29, 2026 at 09:00
- 🔍 Collected: April 30, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: April 30, 2026 at 08:08 (8 min after Collected)
1. Date of occurrence of the event: 2026/04/29
2. Company name: LITE-ON, INC.
3. Relationship with the company (please enter 'parent company' or 'subsidiary'): Subsidiary
4. Shareholding ratio: Not applicable
5. Reason for occurrence: To meet the demands of business development and capacity planning, the company's board of directors approved a capital expenditure plan for its indirectly wholly-owned U.S. subsidiary, LITE-ON, INC., with a total amount not exceeding USD 919,000 thousand.
6. Countermeasures: When the transaction counterparty and transaction amount are confirmed, an announcement regarding the contract and related parties will be made separately in accordance with the "Regulations Governing the Acquisition and Disposal of Assets by Public Companies."
7. Other matters to be specified (if the subject of the event or resolution is a public company or above, this material information also complies with Article 7, Paragraph 9 of the Enforcement Rules of the Securities and Exchange Act regarding matters that have a significant impact on shareholders' equity or securities prices): None
2. Company name: LITE-ON, INC.
3. Relationship with the company (please enter 'parent company' or 'subsidiary'): Subsidiary
4. Shareholding ratio: Not applicable
5. Reason for occurrence: To meet the demands of business development and capacity planning, the company's board of directors approved a capital expenditure plan for its indirectly wholly-owned U.S. subsidiary, LITE-ON, INC., with a total amount not exceeding USD 919,000 thousand.
6. Countermeasures: When the transaction counterparty and transaction amount are confirmed, an announcement regarding the contract and related parties will be made separately in accordance with the "Regulations Governing the Acquisition and Disposal of Assets by Public Companies."
7. Other matters to be specified (if the subject of the event or resolution is a public company or above, this material information also complies with Article 7, Paragraph 9 of the Enforcement Rules of the Securities and Exchange Act regarding matters that have a significant impact on shareholders' equity or securities prices): None