August 19, 2016
In a press release, the company stated that both it and UTec noticed the rumour on 18 August, on the TonerNews.com website, which claimed that Print-Rite Chairman Arnald Ho had acquired Katun Corporation. Print-Rite responded that “although flattered at such a suggestion, we consider it important to clarify that the said rumour is untrue, as we have not acquired such a prestigious company”.
In turn, it added that “Arnald Ho and the said companies have not received any proposal on the acquisition of Katun Corporation, and there are no negotiations relating to the disposal of Katun Corporation”.
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