ASIA TELE-NET (00679) subsidiary acquires approximately $3.5 million worth of US Treasury bonds.

ASIA TELE-NET (00679) announces that it has acquired Asia Electroplating Equipment Co., Ltd. (an indirect wholly-owned subsidiary of the company) on January 9, 2025 for a total consideration of $3.4969 million to purchase US Treasury bonds with a total face value of approximately $3.5 million (including transaction costs).