Quanta Computer Approves Nearly EUR20 Million QCG Computer Capital Boost

MT Newswires Live

08/13

Quanta Computer's (TPE:2382) board approved a 19.5 million euro cash capital increase for QCG Computer via an indirect investment structure, according to a Thursday Taiwan Exchange filing.

The investment will be routed through Quanta International, Quanta Asia and Quanta International Technology, and may be executed in separate installments.

Quanta will retain full ownership of QCG Computer after the investment, which the company said is intended to support operating needs.

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