Pan Jit News Today

Pan Jit International Inc’s (強茂) board of directors last week approved a tender offer for a stake of up to 30 percent in power management IC supplier Champion Microelectronic Corp (虹冠電子), as the diode maker seeks merger and acquisition (M&A) opportunities. Pan Jit said in a statement on Monday last week that it would offer NT$80.8 per Champion share on the open market from Wednesday to March 17, with the minimum number of shares to be acquired set at 4 million, or a 5 percent s...

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Pan Jit board confirms offer for Alltop By Chen Cheng-hui / Staff reporter Diode maker Pan Jit International Inc’s (強茂) board of directors approved a tender offer for up to 20 percent of the common shares of connector supplier Alltop Technology Co Ltd (凡甲科技), Pan Jit said on Friday last week. The company said it would offer NT$105 per share on the open market from tomorrow to Feb. 25, to expand its product portfolio and create business synergy. The offer represented a premium of...