TOPNC intends to acquire 70% stake in CNC machine tool company

TOPNC (07688) entered into a non-legally binding letter of intent to acquire no less than 70% equity of a target company specializing in multi-axis CNC machine tools and direct-drive five-axis machine tools, to expand into humanoid robot and AI liquid cooling plate sectors.

“The possible acquisition is part of the group's strategic layout to enrich its CNC machine tool product matrix and expand into high-growth downstream sectors.”gmt8press.com

• 1 source
• gmt8press.comGMT EIGHT - TOPNC (07688) intends to acquire no less than 70% equity of a precision CNC machine tool target, positioning itself in the humanoid Siasun Robot&Automation and AI liquid cooling plate sectors.GMT EightOct 20, 2026

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