Foxconn group plant Universal Microwave to delist Dec 21 as net value turns negative

Foxconn group plant Universal Microwave Technology (台揚) will be delisted on Dec 21 after its net value per share turned negative, with shares locked at the 6.66 yuan limit-down. Trading was suspended after October revenue plunged 87%; the chairman says operations continue and hopes to bring in a private equity partner by year-end.

Detected & updated continuously · Source: Nebula