2020-09-21

Merge of Epistar and Lextar Delayed as the Case Still under Review of the Chinese Antitrust Authorities

Taiwan based LED companies Epistar and Lextar announced that the share conversion date of their new holding company ENNOSTAR will be delayed. The two companies originally set the date on October 20, 2020 to convert shares of both company and list ENNOSTAR. But since the case has yet pass the review procedure of the Chinese antitrust authorities, the share conversion date is now rescheduled to January 6, 2021. (Image: Pixabay) Epistar and Lextar announced that they are establishing a new holding company through share swapping with the aim to integrate reso...
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2020-09-03

Epistar, Lextar and AUO to Leverage Their Expertise to Expand Micro/Mini LED Business through Collaboration with Big Brands

Mini LED backlight display technology is going to be adopted by Apple and Samsung for tablets and TVs launching next year. Meanwhile, we have seen several Micro LED technology breakthroughs recently with AUO, PlayNitride and ITRI showcasing their prototypes for innovative applications. To speed up Micro/Mini LED display technology, integration within the supply chain is a major strategy recognized by industry players. Epistar and Lextar, the two Taiwan-based LED chip manufacturers, are merging with the aim to leverage their expertise and avoid duplicated ...
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2020-08-10

Epistar Announces Board of Directors of the New Holding Company ENNOSTAR

On August 7, LED companies Epistar and Lextar held an extraordinary shareholders meeting to pass the share conversion of both companies to the new holding company, ENNOSTAR. The members of the board of directors, supervisors and chairman of ENNOSTAR were also elected. As expected, Epistar holds three seats in the board of directors, Lextar takes one seat and its parent company AUO gets one seat as well. The members of the board of director include Biing-Jye Lee, Chairman of Epistar; Chin-Yung Fan, President of Epistar; Shih-Shien Chang, Vice P...
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2020-07-10

New Holding Company of Epistar and Lextar Named ENNOSTAR

Epistar and Lextar, the two LED companies in Taiwan said that they are forming a new holding company via share conversion with the aim to strengthen Micro LED and Mini LED display technology and business. The new holding company is now named ENNOSTAR, revealed Epistar in its announcement following the agreement of both companies. The share conversion ratios of two companies are set at one share of Epistar for 0.5 ordinary share of ENNOSTAR, and one share of Lextar for 0.275 ordinary share. An extra ordinary shareholders meeting and the promoter’...
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