Man Yue intends to split the capacitor Taiwan listed more than 2% against the market trend

Man Yue Technology (00894) intends to spin-off Polymer Capacitors businesses listed in Taiwan, which will help cash assets and value-added expected, although still at a preliminary stage of our consideration, but the stock against the market trend is still buying interest this morning boost, now rose 2.4 percent to 1.28 HK temporarily traded 16 million shares.

Because, according to Man Yue announced the spin-off Polymer Capacitors businesses listed in Taiwan, listed on the Taiwan Stock Exchange counseling submit an application is expected to take at least six months. But the spin-off proposal has not been submitted to the Stock Exchange for approval, the proposal is still in the preliminary stage of our consideration.