Ennoconn, which has been listed since 2014, is in the business of making and selling data storage, processing equipment and industrial motherboards.
Taiwan-listed Ennoconn Corporation, having secured majority control of Nera Telecommunications (SGX:N01
) from its current controlling shareholder, is making a 7.5 cents per share offer for the other minority shareholders.
The offer values the Singapore-listed company at around $27.14 million.
