3706 MiTAC: Board Resolution for Cash Capital Increase in Subsidiary MTH
MiTAC (3706) announced that its board has approved a cash capital increase of up to US$200 million for its subsidiary, MiTAC Computing Technology Holdings Corp. (MTH), to support long-term investment.
📋 Article Processing Timeline
- 📰 Published: May 26, 2026 at 06:31
- 🔍 Collected: May 26, 2026 at 06:31 (0 min after Published)
- 🤖 AI Analyzed: May 31, 2026 at 20:16 (133h 44m after Collected)
On May 25, 115, MiTAC announced that its board of directors approved a cash capital increase for its subsidiary, MiTAC Computing Technology Holdings Corp. (MTH). The total transaction amount will not exceed US$200 million. MTH is a 100% owned subsidiary of the company. The purpose of this investment is for long-term holding and to further invest in the US-based operating company, MiTAC Information Systems Corp. (MitacIS). The funding will come from the company's own capital.
FAQ
Where does the capital come from?
The company's own funds.