Farglory F T Z Investment Holding Co.,Ltd. (TWSE:5607) entered into an agreement to acquire remaining 9.57% stake in Farglory Free Trade Zone Co., Ltd. on July 21, 2022. The share exchange ratio is 1:2.04 of the FTZ common share. If the share exchange is approved by the competent authority as planned.

Board of Directors approved the deal on July 21, 2022. As on August 22, 2022, The company's share exchange date is on October 3, 2022. The transaction is expected to complete on August 10, 2022.