- IQE Plc (IQE) has announced the acquisition of third-party shareholdings in its CSDC joint venture in Singapore
- With the acquisition, the company has taken its ownership to 100% in CSDC, which was formed in 2015 as a= joint venture between IQE’s Singaporean subsidiary MBE Technology Pte Limited with a majority stake of 51% along with WIN Semiconductors Corp, Nanyang Technological University and individuals of the NanYang University.
- The acquisition will help the company to follow Asian market sales opportunities for MBE-based products returning to profitability.
- On 10th October 2019, at the time of writing, GMT 08:10 AM, IQE shares were trading at GBX 64.50, up by 3.35 points or 5.48% against the previous day closing price.
With Bank of England reducing the interest rates to a historic low level, the spotlight is back on diverse investment opportunities.
Amidst this, are you getting worried about these falling interest rates and wondering where to put your money?
Well! Team Kalkine has a solution for you. You still can earn a relatively stable income by putting money in the dividend-paying stocks.
We think it is the perfect time when you should start accumulating selective dividend stocks to beat the low-interest rates, while we provide a tailored offering in view of valuable stock opportunities and any dividend cut backs to be considered amid scenarios including a prolonged market meltdown.