Yieh Hsing Announces Board Resolution to Dispose of Zhen Hua and Zhen Hao Equity
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Yieh Hsing's board has resolved to sell its equity in subsidiaries Zhen Hua and Zhen Hao to its parent company, Yeh Hwei Enterprise, at NT$10.3 per share, totaling approximately NT$530 million. The disposal is expected to yield profits of around NT$140 million and will be used to fund plant expansion and working capital needs.