Epistar and Lextar, the two LED companies in Taiwan said that they are forming a new holding company via share conversion with the aim to strengthen Micro LED and Mini LED display technology and business. The new holding company is now named ENNOSTAR, revealed Epistar in its announcement following the agreement of both companies. The share conversion ratios of two companies are set at one share of Epistar for 0.5 ordinary share of ENNOSTAR, and one share of Lextar for 0.275 ordinary share. An extra ordinary shareholders meeting and the promoter’...

Two Taiwan-based LED companies, Epistar and Lextar, announced yesterday (June 18) that they will jointly set up a new holding company via share conversion. Through the collaboration, the two companies aim to integrate their resource and focus on their expertise to speed Mini LED and Micro LED technology development. For the new holding company, Epistar and Lextar will swap one share for 0.5 and 0.275 shares respectively. The share swap is scheduled to be completed on October 20, 2020. Once the new holding company is listed upon the share swap date, both Epistar a...