On January 14, 2014, Dongshan Precision disclosed the “Suzhou Dongshan Precision Manufacturing Co., Ltd. Announcement on the Acquisition of 100% Equity and Some Intellectual Property Rights of Mutto Optronics Group Limited by Xiangmudong Optoelectronics Co., Ltd.â€. The acquisition has been reviewed and approved by the company's board of directors and shareholders meeting.
Dongshan Precision said that the acquisition was carried out by Hong Kong Dongshan Precision United Optoelectronics Co., Ltd. (hereinafter referred to as "Hong Kong Dongshan"), a wholly-owned subsidiary of the company. The completion of the equity delivery of this transaction is hereby announced as follows: Hong Kong Dongshan and MOGL's former major shareholder, Mudong Optoelectronics, have completed the relevant procedures for the equity delivery of this transaction. On March 28, 2014, the company received the “Stock Voucher†reissued by MOGL. At this point, Hong Kong Dongshan has legally held 100% equity and related intellectual property rights of MOGL.
Dongshan Precision said that the acquisition was carried out by Hong Kong Dongshan Precision United Optoelectronics Co., Ltd. (hereinafter referred to as "Hong Kong Dongshan"), a wholly-owned subsidiary of the company. The completion of the equity delivery of this transaction is hereby announced as follows: Hong Kong Dongshan and MOGL's former major shareholder, Mudong Optoelectronics, have completed the relevant procedures for the equity delivery of this transaction. On March 28, 2014, the company received the “Stock Voucher†reissued by MOGL. At this point, Hong Kong Dongshan has legally held 100% equity and related intellectual property rights of MOGL.
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