EVERLIGHT to Sell Shares of Epistar

(Image: LEDinside)

Stock of LED chip maker Epistar has lately hit a new high, prompting major shareholders by turn sells their shares. The market first saw San’an Optoelectronics sell 33.306 million shares of Epistar in a block trade and now EVERLIGHT also made an announcement to sell a part of Epistar stocks after a board meeting.

EVERLIGHT currently holds 19,800 shares of Epistar, costing approximately NTD 1.43 million (USD 47.5 thousand) or NTD 72.3 per share in comparison to NTD 57 which the stock closed at yesterday.

The company stated Robert Yeh, Chairman of EVERLIGHT was already authorized by the board of directors to decide the price and numbers of shares to sell for the purpose of corporate financial management. Details of the transaction will be announced once it is processed.

Disclaimers of Warranties
1. The website does not warrant the following:
1.1 The services from the website meets your requirement;
1.2 The accuracy, completeness, or timeliness of the service;
1.3 The accuracy, reliability of conclusions drawn from using the service;
1.4 The accuracy, completeness, or timeliness, or security of any information that you download from the website
2. The services provided by the website is intended for your reference only. The website shall be not be responsible for investment decisions, damages, or other losses resulting from use of the website or the information contained therein<

Proprietary Rights
You may not reproduce, modify, create derivative works from, display, perform, publish, distribute, disseminate, broadcast or circulate to any third party, any materials contained on the services without the express prior written consent of the website or its legal owner.