Shareholders of Confidence Intelligence (HKG:1967) will vote Dec. 12 on the acquisition of the remaining 30% interest in Chongqing Confidential Intelligence, a Monday Hong Kong bourse filing said.
Shares of the printed circuit board manufacturer were down nearly 3% in Tuesday afternoon trading.
Following completion, buyer Shenzhen Confidential Intelligence Electronics, which is a unit of the company, will fully own the target firm.
Chongqing Confidential Intelligence engages mainly in SMT processing services.