Chilisin Electronics Corp. (TSEC:2456) agreed to acquire Mag.Layers Scientific-Technics Co., Ltd. (GTSM:3068) for TWD 6.9 billion on January 3, 2018. One share of Mag.Layers Scientific's stock will be exchanged with 0.73 share of Chilisin Electronics' stock. 68.2 million new shares of Chilisin Electronics' stock will be exchanged. Mag.Layers Scientific will be delisted from Taipei Exchange on July 1, 2018. Chilisin Electronics Corp. and Mag.Layers Scientific-Technics Co., Ltd. will hold a provisional shareholders meeting on March 1, 2018, to gain respective approval for the transaction. The deal is expected to close on July 1, 2018.