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| Foxconn-affiliated PCB maker Zhen Ding to list on TSE |
Zhen Ding Technology Holding, a PCB maker registered in the Cayman Islands and based in Taiwan and belonging to the Foxconn Group, will begin listing on the Taiwan Stock Exchange (TSE) at a tentative price of NT$60 (US$2) per share on December 26, according to industry sources.
Zhen Ding has 19 subsidiaries of which one in Taiwan is mainly responsible for R&D and five in China are responsible for production of rigid PCB, flexible PCB, HDI and IC substrates, the sources indicated. Zhen Ding has been among the top-five PCB makers in China, the sources said.
Zhen Ding has paid-in capital of NT$6.464 billion, next only to Taiwan-based fellow makers Unimicron Technology and Compeq Manufacturing, the sources noted.
Zhen Ding posted consolidated revenues of NT$31.153 billion, net profit of NT$1.528 billion and net EPS of NT$2.36 for January-September 2011. |
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