Jean Co.,Ltd agreed to acquire 99.81% of Southeast Asia Entertainment Co., Ltd. for TWD 880 million.
November 09, 2022
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Jean Co.,Ltd (TWSE:2442) agreed to acquire 99.81% of Southeast Asia Entertainment Co., Ltd. for TWD 880 million on November 8, 2022. The transaction was approved by Jean Co.,Ltd (TWSE:2442) board of directors.
Jean Co., Ltd. is a Taiwan-based company principally engaged in the design, manufacture and distribution of car monitors. The Companyâs car monitor products mainly include 7-inch, 8-inch, 9-inch and 10.2-inch wide rear-seat headrest, ceiling, back-hanging car audio and video entertainment system, car information display system, car liquid crystal display (LCD) audio navigation host, car camera and driving recorder. The Company is also involved in the trading and leasing of real estate to generate rental income. The company's products are mainly sold to the United States of America (the USA), Europe and Japan. The Company is also engaged in the investment and development businesses through its subsidiaries.