Taiwan Guangbao's evening announcement will be merged into a 100% shareholding LED lighting brand Guanglin Electronics. Guangbao Branch said that the purpose of the merger is to integrate the Group's resources and enhance operational efficiency. It will merge LED lighting brand Guanglin Electronics, Lite-On Power Storage Technology, Lixin Xingye and its subsidiary in China Dongguan Tongtong Computer Co., Ltd., Dongguan Zhili Computer Co., Ltd. Company and Dongguan Xufu Computer Co., Ltd., etc.
The registered common stock of Guanglin Company will be exchanged for the shareholder of Guanglin Company with the conversion ratio of NT$26.09, and the tentative consolidation date will be April 7, 2014. The pre-determined consolidation base date of Lite-On Power Storage Technology and Lixin Xingye is April 15 and March 15, 2014. In addition, mainland China subsidiaries plan to complete the merger within 1.5 years.
The registered common stock of Guanglin Company will be exchanged for the shareholder of Guanglin Company with the conversion ratio of NT$26.09, and the tentative consolidation date will be April 7, 2014. The pre-determined consolidation base date of Lite-On Power Storage Technology and Lixin Xingye is April 15 and March 15, 2014. In addition, mainland China subsidiaries plan to complete the merger within 1.5 years.
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