[High-tech LED News] Depp Technology announced that it has acquired a 60% equity shareholder loan of Pacific King Technology Limited at a total consideration of HK$138 million and applied for resumption of trading in the morning.
It is reported that the Target Group is principally engaged in wholesale and import and export of circuit boards in the PRC, including aluminum-based circuit boards and copper-based circuit boards, electronic products and LED lighting products. The Target Group intends to expand its main business activities for production in China. Assembly of circuit boards, including aluminum-based circuit boards and copper-based circuit boards, electronic products and LED lighting products.
Depp believes that the acquisition will bring synergy benefits, benefit LED lighting products business, and also enhance the Group's ability to enter the LED lighting products business chain.
It is reported that the Target Group is principally engaged in wholesale and import and export of circuit boards in the PRC, including aluminum-based circuit boards and copper-based circuit boards, electronic products and LED lighting products. The Target Group intends to expand its main business activities for production in China. Assembly of circuit boards, including aluminum-based circuit boards and copper-based circuit boards, electronic products and LED lighting products.
Depp believes that the acquisition will bring synergy benefits, benefit LED lighting products business, and also enhance the Group's ability to enter the LED lighting products business chain.
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