Reported 8 months ago
Taiwan's stock market closed with a 1.16% increase, and Easton Electric (1504) faced a 2.71% decline after its shareholders approved a cash merger with Easton Precision Electronics. Investment trusts sold over 9,000 shares of Easton, leading it to be the top-selling stock of the day. The merger involves Easton Electric issuing NT$34.6 per share to shareholders of Easton Precision, with the merger expected to take place on August 31st this year.
Source: YAHOO