Mo Haoran made a public offer to acquire a 34.87% stake in DBTEL Incorporated (TPEX : 5304) for approximately TWD 380 million on November 17, 2020. The offer price for 114,024,592 shares, representing approximately 34.87% stake is TWD 3.35 per share. The offer is conditional upon acceptance of minimum 3,269,624 shares, representing 1% of DBTEL.