Accton Announces Board Approval for Acquisition of Right-of-Use Assets by Vietnam Subsidiary
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90/100
AI Summary (NQ-processed)
On May 18, 2026, Accton Technology's board approved an investment of USD 15.1 million by its subsidiary, Vietnam Accton Technology Company Limited, to acquire right-of-use assets in Phu Tho Province, Vietnam. The assets include 24,861.4 square meters of land and a 38,255.6-square-meter factory. This transaction is intended to support the company's long-term growth and further expand its production scale in Vietnam.
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