Taiwan Sakura Corporation acquired an unknown majority stake in Fpt Mekong Trading Company Limited.

TAIWAN SAKURA CORPORATION is a Taiwan-based company principally engaged in the manufacture and trading of water heaters, kitchen appliances and integrated kitchen. It also provides delivery services of oil screens, security check services and maintenance services. The Company’s main products include water heaters, range hoods, gas stoves, dishwashers and integrated kitchens. The Company operates through four segments. Gas Appliances segment is engaged in the manufacture and trading of gas appliances. Kitchenware segment is engaged in the manufacture and trading of kitchenware. British Virgin Islands segment is mainly engaged in asset investment. South China segment is mainly engaged in the leasing of properties and kitchenware businesses. The Company operates businesses in Taiwan, Asia and North America.