Cheng Uei Sells 50 Million SolLink Shares to Qualcomm Global

Cheng Uei Precision Industry Co. will book a NT$482 million gain from the sale of 50 million shares in SolLink Inc. to Qualcomm Global Trading Inc. today, according to a statement to the Taiwan stock exchange today.

The company said it sold the SolLink shares at NT$21.60882 each, or a total of NT$1.08 billion.

To contact the reporter on this story: Adela Lin in Taipei at alin95@bloomberg.net

To contact the editor responsible for this story: Joshua Fellman at jfellman@bloomberg.net

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