Accton Technology Announce the Board of Directors approved the investment of Vietnam' factory.
· Issued by Accton Technology Corp.
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Provided by: Accton Technology Corp.
SEQ_NO
3
Date of announcement
2022/06/16
Time of announcement
15:59:08
Subject
Announce the Board of Directors
approved the investment of Vietnam' factory.
Date of events
2022/06/16
To which item it meets
paragraph 15
Statement
1.Date of the resolution of the board of directors or
shareholders meeting:2022/06/16
2.Content of the investment plan:
It is planned to invest a factory in Vietnam.
3.Projected monetary amount of the investment:
The total USD 25M investment will be separated by years.
4.Projected date of the investment:2022-2026
5.Source of capital funds:To be confirm.
6.Specific purpose:
To expand the production capacity and set up the third site of manufacture.
7.Any other matters that need to be specified:None.