Tai Fung Plans NTD 250M Investment in Nan Gang Ordinary Shares

According to the Central News Agency, Tai Fung Rubber announced today (July 13) plans to invest NTD 250 million in purchasing ordinary shares of affiliated company Nan Gang Rubber through block trading at market prices. The year-to-date accumulated acquisition will reach NTD 300 million. Tai Fung aims to generate non-operating revenue and boost company profits by deploying idle capital effectively.
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