Dongshan Precision announced in the evening yesterday that February 5, 2016 (February 4, 2016 US time), Dongshan Precision, Dragon Electronix Merger Sub Inc. (a wholly-owned subsidiary of the company in Delaware, USA) Multi-Fineline Electronix, Inc. (hereinafter referred to as "MFLX Company", the subject company of this transaction) jointly signed "AGREEMENT AND PLAN OF MERGER" (hereinafter referred to as "the Merger Agreement").
In accordance with the terms and conditions stipulated in the Merger Agreement, when the merger takes effect, the consolidated subsidiary will be merged into MFLX Company, and the existence of its independent legal entity will be terminated immediately. MFLX will become the merged company and become an indirect wholly-owned company. Subsidiary. After the merger is completed, MFLX's common stock will be delisted from NASDAQ.
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