Aehr Test selling Singapore ownership

December 19, 2003 – Aehr Test Systems, Fremont, CA, is selling half of its holdings in Singapore-based private company ESA Electronics Pte Ltd. to Singapore company IPCO International Ltd. in a cash-and-stock transaction worth approximately $700,000. The deal reduces Aehr’s investment to 12.5% in the business, which has been the company’s Southeast Asia sales rep since 1992.


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