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UMC Electronics Co., Ltd. ( (JP:6615) ) has issued an update.
UMC Electronics Co., Ltd. has announced its decision to file a lawsuit in the Tax Court against a ruling by Mexican tax authorities that ordered its subsidiary, UMC Electronics Mexico, to pay 463 million Mexican pesos. The company plans to provisionally pay a reduced amount of 448 million pesos to avoid additional interest, while it seeks to reassert the legitimacy of its claims.
More about UMC Electronics Co., Ltd.
UMC Electronics Co., Ltd. operates in the electronics industry, focusing on manufacturing and providing electronic components and services. The company is listed on the Tokyo and Nagoya Stock Exchange.
YTD Price Performance: -11.96%
Average Trading Volume: 149
Technical Sentiment Signal: Strong Buy
Current Market Cap: €46.28M
Learn more about 6615 stock on TipRanks’ Stock Analysis page.