M&A committee of Mentech Optical & Magnetic to review Keenlion Microwave equity merger deal

Mentech Optical & Magnetic adjusted industrial layout in terms of merger in order to achieve the goal of entering military electronic information field.Asian Metal CopyrightMentech Optical Magnetic adjusted industrial layout in terms of merger in order to achieve the goal of entering military electronic information field.Asian Metal Copyright According to the acquisition plan, Mentech Optical & Magnetic planned to acquire 95.Asian Metal Copyright .Asian Metal Copyright22% equities of Chengdu Keenlion Microwave Technology Co.Asian Metal CopyrightMentech Optical Magnetic adjusted industrial layout in terms of merger in order to achieve the goal of entering military electronic information field.Asian Metal Copyright, Ltd.Asian Metal Copyright According to the acquisition plan, Mentech Optical Magnetic planned to acquire 95.Asian Metal Copyright at RMB598 million (USD88.Asian Metal CopyrightMentech Optical Magnetic adjusted industrial layout in terms of merger in order to achieve the goal of entering military electronic information field.Asian Metal Copyright55 million).Asian Metal CopyrightMentech Optical Magnetic adjusted industrial layout in terms of merger in order to achieve the goal of entering military electronic information field.Asian Metal Copyright After nearly eight-month preparation, Mentech Optical & Magnetic will review the deal on 17 September.

On 16 September, Mentech Optical & Magnetic announced that its M&A committee will hold the 41st merger and acquisition committee working conference on the morning of 17 September, 2020 to review the acquisition by issuing shares and paying in cash and the raise of supporting funds.

.Asian Metal Copyright55 millionAsian Metal Copyright