Michelin (MIC), India's largest LED display manufacturer, announced on Monday that its board of directors had agreed to Riyadh spending Rs 1.25 billion (about $ 121 million
July 7, India's largest LED display manufacturer MIC Electronics (MIC) announced on Monday that the board of directors of the company has agreed to spend $ 1.25 billion ($ 121 million) to buy 20 million shares and 30 million shares Convertible preferred warrants.
As the domestic large-screen LED display core suppliers, Riard will be its wholly owned subsidiary Liyard (Hong Kong) Co., Ltd. to complete the acquisition.
MIC products are mainly related to LED display, LED lighting, communications and electronic products. MIC is the leading developer and application of LED display products in the field of "True Color LED Displays", a pioneer in telecom software and IT services and communications, the only company in India that has RDSO certified