MIC Electronics acquires 59% stake in Neo Semi SG, BusinessLine reports
The share-swap deal for the Singapore-based company involved allotting 56.8 million equity shares, BusinessLine reports.
The share-swap deal for the Singapore-based company involved allotting 56.8 million equity shares, BusinessLine reports.
BusinessLine reports that MIC Electronics completed its acquisition of a 59% stake in Singapore-based Neo Semi SG through a share-swap transaction. The publisher describes the acquired platform as focused on semiconductor intellectual property, AI-driven energy logistics, Internet of Things-based smart-grid solutions and circular electronics.
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The share-swap deal for the Singapore-based company involved allotting 56.8 million equity shares, BusinessLine reports.
BusinessLine reports that MIC Electronics completed its acquisition of a 59% stake in Singapore-based Neo Semi SG through a share-swap transaction. The publisher describes the acquired platform as focused on semiconductor intellectual property, AI-driven energy logistics, Internet of Things-based smart-grid solutions and circular electronics.
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