Acquisitions29 Jul 2025, 10:38 am
MIC Electronics Ltd. Signs MoU with NEO SEMI SG PTE LIMITED for Acquisition
AI Summary
MIC Electronics Ltd. has entered into a preliminary Memorandum of Understanding (MoU) with M/s. NEO SEMI SG PTE LIMITED (NSPL), Singapore, for the acquisition of NSPL. This move is a continuation of the company's earlier announcement dated July 25, 2025. The MoU was executed on July 28, 2025.
Key Highlights
- MIC Electronics Ltd. has signed a preliminary MoU with NEO SEMI SG PTE LIMITED for the acquisition of NSPL.
- The MoU was executed on July 28, 2025, in line with an earlier announcement made on July 25, 2025.