Notice of Opinion Concerning the Takeover Bid for MORITEX Corporation Stock by MV Japan, the Majority Shareholder
MORITEX CORPORATION (hereinafter “the Company”) adopted a resolution that indicated approval to a takeover bid to be made by MV JAPAN Co.,Ltd.(unlisted) (hereinafter “the bidder”) for shares of the Company, which is premised on subsequent delisting of the shares.
Download the press release here.
“MORITEX develops and sells a diverse range of key devices and systems supporting high tech industries, using unique technologies in fields including optical fiber, machine vision, automated optical alignment, ball lenses, optical lenses and software as its core technologies.
The Company is also conducting active research and development by boldly facing the challenges of entering promising growth industries.”