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February 17, 2020
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BizLink Holding Inc. Board of Directors Approve Acquisition of Speedy Industrial Supplies Pte Ltd
TAIPEI, February 17, 2020 – BizLink Holding Inc., a leading global interconnect solutions provider, announced today that a potential deal to acquire Speedy Industrial Supplies Pte Ltd has passed its Board of Directors’ review. The acquisition is valued at SGD 65 million in cash, and will be signed by the end of February 2020. More information regarding the acquisition will be forthcoming after both parties sign a formal agreement.
BizLink Holding Inc. views this as an attractive opportunity to demonstrate our long-term commitment to serving the Industrial product segment. Speedy Industrial Supplies Pte Ltd is a leading integrated EMS solutions provider with full in-house manufacturing capabilities that provides high-mix, low-volume customized solutions to specialty markets.
Issued by | BizLink Holding Inc. (TWSE Code: 3665) |
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