Coretronic Plans 1:1 Share Swap, New Coretronic Holding Co. to Become Listed Entity
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Backlight module manufacturer Coretronic announced a plan to establish a new investment holding company, "Coretronic Investment Holding Co.", through a 1:1 share swap. The new holding company will become the listed entity, aiming to enhance group strategic planning efficiency and flexibility for new ventures. Coretronic will become a wholly-owned subsidiary of the new holding company.