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Aces to merge with MEC and release new stocks

MOPS, August 6; Joseph Tsai, DIGITIMES Asia 0

Taiwan-based connector maker Aces Electronics has announced a merger with MEC, also a Taiwan-based connector maker, and will release a total of 7,144,225 new stocks, worth NT$71.44 million (US$2.38 million), with each stock priced at NT$10.

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