Subsidiary Bafang International Investment Acquires Shares in Halo Industries, Inc.
Original: 代子公司八方國際投資股份有限公司公告取得Halo Industries, Inc.股份
Summary
Acting on behalf of its subsidiary Bafang International Investment Co., Ltd. (八方國際投資股份有限公司), the company has disclosed an acquisition of shares in U.S.-incorporated Halo Industries, Inc. This is an outbound equity investment by a Largan Precision subsidiary, potentially signaling strategic diversification or technology access in a foreign entity. Full body available on MOPS.
Full Translation
On behalf of subsidiary Bafang International Investment Co., Ltd., announcing the acquisition of shares in Halo Industries, Inc. — Largan Precision (3008) filed this material information disclosure as agent for its subsidiary, indicating that Bafang International Investment Co., Ltd. has acquired, or resolved to acquire, an equity stake in Halo Industries, Inc., a company incorporated in the United States. The specific investment amount, ownership percentage, per-share price, and stated strategic rationale are not disclosed in the subject line alone; investors should refer to the full filing on MOPS for those details. The transaction is reportable as a material event under TWSE disclosure rules governing significant investments made through subsidiaries. [Body not available — subject line only. See MOPS for full announcement.]