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Elite Advanced Laser Corp. to Delist from Taipei Exchange Following Acquisition
Electronic Technology · Electronic Components · economic_daily · 2026-09-04
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Elite Advanced Laser Corp. will cease trading on the Taipei Exchange on September 23 and delist on October 1 after becoming a wholly-owned subsidiary of Global Brands Manufacture Ltd.
What Happened
Acquisition Status: The Taipei Exchange has announced that Elite Advanced Laser Corp. will become a wholly-owned subsidiary of Global Brands Manufacture Ltd. through a share swap agreement. This corporate restructuring marks the final stage of the integration process between the two entities.
Trading Timeline: According to the regulatory filing, trading of Elite Advanced Laser Corp.'s shares will be suspended starting September 23, 2026. The company's securities will officially be delisted from the Taipei Exchange effective October 1.
Market Impact: Following the completion of the share swap, Elite Advanced Laser Corp. will transition into a private subsidiary under Global Brands Manufacture Ltd. Investors are advised to take note of the suspension and delisting dates to manage their holdings accordingly.
Regulatory Compliance: The delisting is a procedural outcome of the approved share swap and corporate reorganization. The Taipei Exchange has confirmed that the process adheres to all relevant business rules and regulatory requirements for market transparency.
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