BizLink Unit Plans $16 Million Cash Capital Increase

MT Newswires Live15:11

BizLink (TPE:3665) unit BizLink Tech will carry out a $16 million cash capital increase.

The funds will be invested through another unit, BizLink US, into BizLink Tech, according to a Friday Taiwan Exchange filing.

Including the latest investment, cumulative investments in BizLink US, and BizLink Tech will amount to $145.1 million and $133.7 million, respectively, the cables and connectors maker said.

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