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QIC Acts as Financial Advisor to H&Q and NewQuest in Placement of Primax Electronics Shares

2014-05-23 18:12 2605

TAIPEI, May 23, 2014 /PRNewswire/ -- Quantum International Corp (QIC) has successfully acted as the exclusive financial advisor to two private equity firms, H&Q Asia-Pacific (H&Q) and NewQuest Capital Partners (NewQuest), in exiting a portion of their investment in Primax Electronics Ltd. (4915 TT). QIC is Taiwan's first independent, research-based capital market solution provider specializing in long-term shareholder value creation, AGM-related special event management, capital market and corporate finance solutions.

H&Q's Mark Hsu stated, "We are very grateful for the support we received from QIC. The firm was a valuable resource for our team and worked hard to keep all parties informed." Bonnie Lo of NewQuest also added, "QIC provided our team with timely and sound advice to ensure a smooth and professional process."

QIC advised on the partial sell-down of the private equity firms' positions, which has been received positively by the market. Share price of Primax Electronics closed at NT$37.25 on May 19th, up 4.2% from its previous close. Both private equity firms remain significant shareholders of Primax Electronics.

QIC Founder and CEO Alex Lee looks forward to continuing the relationship with these firms as well as helping other companies in Taiwan navigate the capital markets. "We see a lot of exciting opportunities in the small-micro cap space in Taiwan. There are many excellent companies in this region that still remain relatively unknown to most foreign investors. QIC is keen to continue helping mid-market firms share their stories with the global community."

About QIC

QIC was founded in 2012 by Alex Lee and is Taiwan's first independent, research-based capital market solution provider. The firm specializes in long-term shareholder value creation, AGM-related special event management, capital market and corporate finance solutions. QIC's client base includes public companies, money managers and special project managers. QIC's veteran team has years of experience in the Greater China capital market, a deep understanding of local market protocol and an extensive network of contacts to provide turnkey solutions for a variety of client needs.

CONTACT:

Shannon Watson
Advisor - Quantum International Corp
+886-2-2778-5522
ShannonWatson@qtumic.com

Source: Quantum International Corp (QIC)
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