Adata Technology Plans To Buy Shares Of De Poan For T$1.15 Billion At T$32 Per Share

About this update from De Poan Pneumatic Corp.

Adata Technology TPEX:3260:PLANS TO BUY SHARES OF DE POAN TPEX:1570 FOR T$1.15 BILLION AT T$32 PER SHARESHOULD HOLD 69.9% STAKE IN DE POAN AFTER SHARE ACQUISITIONTHE PLANNED ACQUISITION IS STRATEGIC INVESTMENTTHE PLANNED ACQUISITION IS SUBJECT TO REGULATORY APPROVAL

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