Xunde Resolves to Acquire Shares of Philippine Company TAIPHIL for US$2.5 Million
Xunde announced that its board of directors resolved to acquire shares of TAIPHIL PROTECH INDUSTRIAL INC. in the Philippines for US$2.5 million. This acquisition aims to align with the group's overall business strategy, facilitate supply chain transfer, expand economic scale, and enhance profitability.
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ASEAN Financial and Economic Special Report (Total 300 articles)
Central News Agency
Seize the New Southbound, keep an eye on ASEAN's economic pulse. Central News Agency's "Southeast Asia Financial and Economic Information Special Network" selects multiple financial headlines daily from Thailand, Vietnam, Indonesia, Malaysia, the Philippines, and other countries. Whether it's new government policies, industry trends, or investment opportunities, it allows you to grasp key information in real time, understand the market, and seize business opportunities.
(Central News Agency, Taipei, 6th) Xunde announced today that its board of directors resolved to acquire shares of TAIPHIL PROTECH INDUSTRIAL INC. in the Philippines. The acquisition price is US$2.5 million, with funding from its own capital. The purpose of the acquisition is for the group's overall business strategy, including supply chain transfer, expanding economic scale, and enhancing profitability.
The announcement stated that the counterparty to the transaction is NEW VISTA LIMITED. The US$2.5 million will be paid within one month after the acquisition base date, and the scheduled completion date is June 1st.
Xunde stated that the merger is expected to generate benefits. From the perspective of an affiliated enterprise, it plays a certain role in the group's supply chain and overseas manufacturing layout. In the long term, with operational development, it should have a positive impact.
Xunde stated that TAIPHIL PROTECH INDUSTRIAL INC. is located in the Philippines and is an electronic component manufacturing company. Its main business is the manufacturing of electronic transformers and coils, primarily for export.
Xunde stated that after the acquisition, TAIPHIL PROTECH INDUSTRIAL INC. will maintain its current operating model and become a major production base. Its internal organization and personnel, in addition to complying with group regulations, will be appropriately handled for key personnel and arrangements based on the post-integration situation.
Xunde specializes in the professional manufacturing of transformers and inductors for industrial power, communication equipment, EV charging systems, medical devices, and office machinery applications. Xunde also announced its first-quarter financial report today, with revenue of NT$287 million, net profit attributable to owners of the parent company of NT$34 million, and basic earnings per share of NT$0.73. 1150506
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Central News Agency
Seize the New Southbound, keep an eye on ASEAN's economic pulse. Central News Agency's "Southeast Asia Financial and Economic Information Special Network" selects multiple financial headlines daily from Thailand, Vietnam, Indonesia, Malaysia, the Philippines, and other countries. Whether it's new government policies, industry trends, or investment opportunities, it allows you to grasp key information in real time, understand the market, and seize business opportunities.
(Central News Agency, Taipei, 6th) Xunde announced today that its board of directors resolved to acquire shares of TAIPHIL PROTECH INDUSTRIAL INC. in the Philippines. The acquisition price is US$2.5 million, with funding from its own capital. The purpose of the acquisition is for the group's overall business strategy, including supply chain transfer, expanding economic scale, and enhancing profitability.
The announcement stated that the counterparty to the transaction is NEW VISTA LIMITED. The US$2.5 million will be paid within one month after the acquisition base date, and the scheduled completion date is June 1st.
Xunde stated that the merger is expected to generate benefits. From the perspective of an affiliated enterprise, it plays a certain role in the group's supply chain and overseas manufacturing layout. In the long term, with operational development, it should have a positive impact.
Xunde stated that TAIPHIL PROTECH INDUSTRIAL INC. is located in the Philippines and is an electronic component manufacturing company. Its main business is the manufacturing of electronic transformers and coils, primarily for export.
Xunde stated that after the acquisition, TAIPHIL PROTECH INDUSTRIAL INC. will maintain its current operating model and become a major production base. Its internal organization and personnel, in addition to complying with group regulations, will be appropriately handled for key personnel and arrangements based on the post-integration situation.
Xunde specializes in the professional manufacturing of transformers and inductors for industrial power, communication equipment, EV charging systems, medical devices, and office machinery applications. Xunde also announced its first-quarter financial report today, with revenue of NT$287 million, net profit attributable to owners of the parent company of NT$34 million, and basic earnings per share of NT$0.73. 1150506
Stand with the facts, every sponsorship you make is a force to protect press freedom.
Download the Central News Agency "First-hand News" APP to stay updated with the latest news.
Text, images, and videos on this website may not be reproduced, publicly broadcast, or publicly transmitted and used without authorization.