Top Bright Unit Sells Structured Deposit Worth 46 Million Yuan

MT Newswires Live
Aug 28

Top Bright (TPE:8499) unit Long Young Electronic (Kunshan) disposed of a structured deposit with China Minsheng Bank (SHA:600016, HKG:1988) worth 46 million yuan.

The disposal generated a gain of about NT$76,000, according to a Thursday Taiwan Exchange filing.

The investment represented 17% of the company's total assets and 25.4% of equity attributable to owners of the parent, the educational toys company said.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10