CMC Magnetics Offloads About NT$427 Million Stake in Dynapack International

MT Newswires Live

2024-12-27

CMC Magnetics (TPE:2323) disposed of 2.1 million securities of Dynapack International Technology (TPE:3211) for NT$426.6 million, according to a Thursday Taiwan Exchange filing.

The optical disc manufacturer sold the shares at NT$202.96 apiece, resulting in a gain of NT$8.2 million from the sale.

The sale is a part of the company's portfolio management strategy.

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