Ad-hoc information: UET United Electronic Technology AG starts negotiations related to Investments or Sale of business area MANUFACTURING

Evaluation and Negotiation related to received offers for Letron and NewTal Joint Ventures, Investment or Sale to focus on SYSTEMS Business Reduction of Liabilities   Today, UET United Electronic Technology AG (ISIN: DE000A0LBKW6), Eschborn, announces that is has received multiple offers from strategic partners for investments or takeovers related to parts or the complete Business Area MANUFACTURING specifically for Letron…

UET United Electronic Technology AG releases financial figures for operating business for the third quarter 2016

Consolidated revenues amounted to 14.631 mn EUR Decrease of consolidated revenue of 1.997 mn EUR respectively 12 %• Improvement of quarterly operating results compared to the previous year Business areas MANUFACTURING and SERVICE with positive profit contribution   UET United Electronic Technology AG (ISIN: DE000A0LBKW6), Eschborn, releases selected financial figures for the operating business areas SYSTEMS, MANUFACTURING and SERVICE for the third quarter 2016, from July 1st 2016 to September 30th 2016. In the period from July to September of the…

Ad-hoc information: UET United Electronic Technology AG fully integrates operating companies via Capital Increase and reduces liabilities

Capital Increase of 3.0 mn EUR against contributions in kind  Reduction of liabilities by 7.0 mn EUR    Today, UET United Electronic Technology AG (ISIN: DE000A0LBKW6), Eschborn, announces that it has signed an agreement to simplify and strengthen the holding structure and equity as well as the reduction of liabilities with the existing shareholders and minority shareholders. Palace Park Ltd., the existing shareholder of UET AG and minority shareholder of UET Electronic Holding GmbH, where…