Unicomp Technology issued a clarification announcement regarding media reports that its wholly-owned subsidiary plans to use its own funds of 73.2885 million yuan to subscribe for 10% of the shares in a private placement by QES Group Berhad. The company stated that this transaction involves subscribing for a minority stake in the target company, and upon completion, it will hold a 9.1% stake in the target company, will not gain control of the target company, and will not have a material impact on the company's operating performance.
Uxi Unicomp Technology Co. Ltd. ACompany clarifies that subscribing for 10% of QES Group Berhad shares will not result in control and will not materially impact operating performance.