A
report
in
the
Economic
Daily
News,
says
executives
from
the
two
firms
had
reached
a
consensus
on
the
merger
but
were
still
discussing
details
on
payment
terms.
Unnamed
sources
cited
by
the
newspaper
noted
that
the
two
companies
have
similar
corporate
culture,
as
management
from
both
used
to
work
at
Taiwan
Semiconductor
Manufacturing.
Both
also
have
“distinctive
technologies”,
allowing
them
to
enhance
their
international
competitiveness
through
a
merger,
it
adds.
However,
in
a
statement
issued
yesterday,
Motech
says:
“The
news
is
speculative
reporting.
The
company
has
no
comment
on
this
matter.”
Both
companies
are…
