Micro-Electro-Mechanical Systems (MEMS): Subsidiary Aims to Acquire up to 9.5% Stake in Silex Beijing for a Maximum of 324 Million Yuan
1 day ago / Read about 0 minute
Author:小编   

MEMS has issued an announcement revealing that the National Integrated Circuit Industry Investment Fund intends to transfer its 9.5% equity stake in Silex Beijing via a property rights exchange listing, subject to approval from the relevant state-owned assets authority. As of now, the approval process is still ongoing. MEMS' wholly-owned subsidiary, Silex International, plans to participate in the acquisition with an offer not exceeding 324 million yuan. Upon successful conclusion of the transaction, MEMS will hold a total equity interest of 81% in Silex Beijing.