Chinese molder Plastec going public via merger


Kong-based electronics injection molder Plastec International Holdings Ltd. will go public on a U.S. stock exchange following a $73.4 million deal with a Cayman Islands-based holding company.

Plastec was founded in 1993 and conducts business under the name Sun Line Industrial Ltd. It employs 4,600 at five facilities with a total of 1.7 million square feet of manufacturing space in Guangdong and Jiangsu provinces.

Its product lines consist of plastic casings and components for consumer electronics, home appliances, telecommunication devices,

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