Shenzhen JPT Opto-Electronics to Purchase Singaporean Optical Maker

MT Newswires Live

07/06

Shenzhen JPT Opto-Electronics (SHA:688025), through its Singaporean wholly owned subsidiary, will purchase the entire stake in Neoptics from Director Cheng Xueping for SG$1.1 million, according to a Saturday filing with the Shenzhen bourse.

Neoptics and its Thai subsidiary produce and sell optical devices.

Following completion, JPT will own the entire stake in Neoptics.

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