TAIPEI, Jan 13 (Reuters) - Powertech Technology Inc is terminating its share agreement with China’s Tsinghua Unigroup Ltd, the Taiwan Stock Exchange said on Friday.
The exchange, in a notice about pending announcements by listed companies, said the Taiwanese chip tester and packager will detail the termination in a disclosure soon.
In November, Tsinghua Unigroup said via one of its units that its plans to take a partial share in Powertech faced rising risks due to an ongoing regulatory review in Taiwan.
Powertech could not be immediately reached for comment. (Reporting by J.R. Wu)