【TECO】Board of Directors Resolves to Acquire Securities
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TECO Electric & Machinery Co., Ltd. announced that its Board of Directors has resolved to acquire ordinary shares of Dynaciate Engineering Sdn. Bhd., a Malaysian engineering and construction company, as a strategic investment. The transaction involves a total amount not exceeding 201,562,640 Malaysian Ringgit, resulting in a shareholding of up to 77.9%.