Yi Jinn's Accumulated Holding in Quanta Computer Reaches NT$333 Million

MT Newswires Live

07/17

Yi Jinn Industrial (TPE:1457) said accumulated purchases of Quanta Computer (TPE:2382) shares by the company and its unit reached NT$333.2 million between March 9 and July 16.

The polyester textured yarn manufacturer acquired 532,000 shares at an average price of NT$305.3 each, while its unit Yi Tong bought 561,000 shares at an average of NT$304.5 per share, according to a Thursday Taiwan Exchange filing.

Following the transactions, the group held 320,000 Quanta shares valued at NT$112.5 million, representing a 0.008% stake.

Yi Jinn Industrial said the acquisitions were intended to enhance the efficiency of capital utilization.

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