TexN, SCRO, US$11.54 million (HK$90 million) well spent...
on the acquisition of CopperClad, it would seem... Over the last 3 years, SCRO had bought some US$7.27 million or HK$56.7 million worth of supply from that Company, so it made good sense to acquire it...
"Jiang Yin has been one of ATIH's laminated sheet suppliers. For the three years ended December 31, 2000, total purchases of ATIH from Jiang Yin were HK$8,995,969, HK$40,767,476 and HK$6,928,154 respectively."
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