November 1 -- Shenzhen Fastprint Circuit Tech ( 002436.SZ), a maker of prototype and low volume printed circuit boards (PCB), said subsidiary Fastprint Hong Kong, plans to acquire a 25 percent stake in Fineline Global PTE from Kremer Benjamin Shimon for $8.6 million, reports yicai.com, citing a company filing.

Should the consolidated earnings hit $4.5 million in 2011, $5 million in 2012, and $5.5 million in 2013, Fastprint Tech will purchase up to another 15 percent in Fineline Global over the next three years.

Source:CapitalVue