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Optiemus Infracom to acquire balance stake in JV company from Wistron Corporation

19 Dec 2020 Evaluate

Optiemus Infracom has received an approval for purchase of 27,60,000 Equity shares (19.91% of the total share capital) of Optiemus Electronics, Subsidiary and Joint Venture (JV) Company, by way of transfer from Wistron Corporation and enter into Share Purchase Agreement in this regard. The Board of Directors of the company in its meeting held on December 18, 2020 has considered and approved the same.

Optiemus Infracom already holds 80.09% of the share capital of Optiemus Electronics, therefore, to strengthen its ownership and control, the management has taken this decision.

Optiemus Infracom is engaged in leasing, equity trading, equity research, and loan syndication services. The company is also in the business activities of Renting of Immovable Property, Telecommunications - Mobiles handset and Accessories. 

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