HY Electronic (Cayman) Limited announced on May 12, 2026, on behalf of its 70%-owned subsidiary, Taiwan Glass Sealing Electronic Co., Ltd., that the subsidiary's board has authorized the chairman to negotiate the purchase of real estate from non-related parties. The authorization is up to a total amount of NT$100 million to improve the efficiency of capital utilization. Specific property acquisitions will be subject to board and shareholder approval according to asset acquisition procedures before signing any contracts.
FACT BOX
- Source: PR Times
- Category: 其他