IMI sells 80% stake in STI Enterprises to Rcapital

Integrated Microelectronics Inc. (IMI) sold its 80% stake in subsidiary STI Enterprises Ltd. to London-based private investment firm Rcapital, resulting in an $84 million loss.

“IMI on Friday reported an $84-million loss from the sale of subsidiary STI Enterprises Ltd.”manilatimes.net

• 1 source
• manilatimes.netIMI posts P4.7-B loss from sale of subsidiary | The Manila TimesThe Manila TimesAug 4, 2023

Summarized from public sources; check the original articles before acting on it.