Shinfox Energy Unit Acquires SFE Developer for About $10 Million; Shares Drop 3%

MT Newswires Live

2025/12/11

Shinfox Energy (TPE:6806) unit Shinfox Far East acquired 100% stake of SFE Developer for $9.9 million, according to a Wednesday Taiwan Exchange filing.

Shares dropped over 3% in Thursday's late morning trade.

The company funded the deal with internal resources and is a long-term investment, it said.

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