Pegatron (TPE:4938) unit Pegatron Technologies signed a $51 million deal with Chunghwa Telecom Global for electromechanical and air-conditioning construction work on its own land, according to a Tuesday Taiwan Exchange filing.
Shares gained over 2% in Wednesday's midday trade.
The project is part of its production and operational expansion plans, it 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.