The company had entered into two separate sale and purchase agreements (SPAs) with their subsidiaries’ respective purchasers on Nov 3, 2021, and Dec 18, 2021.
Semiconductor manufacturing services company Asti Holdings, on Dec 16, announced the termination of the proposed disposals of its subsidiaries, Micro View Technologies and EoPlex.
The termination was due to certain conditions that had not been fulfilled as at Dec 16. As a result, the company and the purchasers of both subsidiaries had mutually agreed not to proceed with the disposals.
