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Po Chen Group looking to sell stake in ECS

Major IT investor getting out of the industry

| Posted: Aug 20, 2010 3:34 am

The Pou Chen Group, a significant investor in Elitegroup Computer Systems (ECS), as well as many other IT product makers in Taiwan, has reportedly begun pulling out of the IT industry and is aggressively looking for a buyer for their 17.52% stake in ECS.

 

TweakTown image news/1/6/16494_001.jpg

 

A reshuffling of executives is expected to happen in September as those related to Pou Chen will be moved out of operational roles after the Pou Chen Group's share in the company is sold according to market watchers. ECS has not commented on the possible changes.

 

NEWS SOURCE
Digitimes.com

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