According to Economic Daily News, LED maker Ennostar announced on August 26 that between March 20 and August 26 this year, it disposed of its investment in common shares of Micro LED company PlayNitride, with total transaction value reaching NT$450 million. Ennostar stated that the move was mainly for capital allocation adjustments, asset optimization, and financial structure improvement, the report notes. As noted by Liberty Times, Ennostar explained that after the divestment, its subsidiary Lighting Investment no longer holds shares in PlayNitride. Howeve…