Subsidiary WTX (SMS Infocomm Corporation) Plans Building Improvements and Machinery Acquisition
Original: 代子公司SMS Infocomm Corporation (簡稱WTX)公告擬進行建築物改良及取得機器設備
Summary
Wistron is filing on behalf of its subsidiary SMS Infocomm Corporation (ticker abbreviation: WTX) to disclose that WTX intends to undertake building improvement works and acquire machinery and equipment. This type of disclosure is typically triggered in Taiwan when planned capital expenditures exceed regulatory materiality thresholds relative to the subsidiary's paid-in capital. Full body available on MOPS.
Full Translation
On behalf of subsidiary SMS Infocomm Corporation (abbreviated WTX), Wistron (3231) announces that WTX plans to proceed with building improvements and the acquisition of machinery and equipment. Under Taiwan Stock Exchange / MOPS material-information rules, such announcements are required when a subsidiary's planned capital expenditure on real-property improvements or equipment purchases reaches a level deemed material to the consolidated group. The nature, scale, estimated cost, and timeline of the planned improvements and equipment purchases are not determinable from the subject line alone. [Body not available — subject line only. See MOPS for full announcement.]