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Optiemus Infracom completes acquisition of shares in Optiemus Electronics from Wistron

New Delhi [India], April 16 (ANI/NewsVoir): Optiemus Infracom Limited, leading telecommunications enterprise today announced the completion of the acquisition of 27,60,000 (Twenty Seven Lakh Sixty Thousand) Equity shares (19.91 per cent of the total share capital) of Optiemus Electronics Limited, Subsidiary and Joint Venture Company, by way of transfer from Wistron Corporation.
Optiemus Infracom Limited already holds 80.09 per cent of the total equity share capital of Optiemus Electronics Limited. Earlier on December 18th, 2020, the Board of Directors of the Company considered and approved the decision to strengthen ownership and control. After the acquisition (19.91 per cent), OEL has become Wholly Owned Subsidiary of Optiemus Infracom Limited. ....

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Optiemus Infracom completes acquisition of shares in Optiemus Electronics from Wistron

Optiemus Infracom completes acquisition of shares in Optiemus Electronics from Wistron
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Optiemus Infracom Limited to acquire balance stake in JV company from Wistron Corporation

Optiemus Infracom Limited to acquire balance stake in JV company from Wistron Corporation
Posted On:
2020-12-18 06:02:15
(Time Zone: Arizona, USA)
The Board of Directors of Optiemus Infracom Limited in its meeting held today i.e. on Friday, December 18, 2020 has considered and approved purchase of 27,60,000 (Twenty Seven Lakh Sixty Thousand) Equity shares (19.91% of the total share capital) of M/s. Optiemus Electronics Limited, Subsidiary and Joint Venture Company, by way of transfer from M/s. Wistron Corporation and enter into Share Purchase Agreement in this regard.
Optiemus Infracom Limited already holds 80.09% of the share capital of Optiemus Electronics Limited, therefore, to strengthen its ownership and control, the management has taken this decision. ....

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