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Buyer Consortium Led by Recco Control Technology Pte Ltd and Dazheng Group (Hong Kong) Investment Holdings Company Limited Announces Non-Binding Offer to Acquire Hollysys

Buyer Consortium Led by Recco Control Technology Pte Ltd and Dazheng Group (Hong Kong) Investment Holdings Company Limited Announces Non-Binding Offer to Acquire Hollysys

$25 Per Share All-Cash Offer Represents Immediate and Certain Value and a Significant Premium for Hollysys Shareholders SINGAPORE and HONG KONG, China, Jan. 24, 2022 /PRNewswire/ Recco Control Technology Pte. Ltd. and Dazheng Group (Hong Kong) Investment Holdings Company Limited, as certain members of the buyer consortium, announced today that, on December 3, 2021, the consortium submitted a.

[JUST IN] Money Laundering: Appeal Court Discharges Dokpesi

[JUST IN] Money Laundering: Appeal Court Discharges Dokpesi 0 likes 0 comments   The Court of Appeal has discharged High Chief Aleogho Dokpesi, Founder of DAAR Communications Plc and DAAR Investment & Holdings Company, of money laundering. Dokpesi and his company were arraigned on a seven-count charge bordering on alleged procurement fraud and breach of public trust. He is alleged to have received N2.1 billion from the office of the National Security Adviser (NSA) between October 2014 and March 2015, during the tenure of Sambo Dasuki, former NSA, for services not rendered. The Economic and Financial Crimes Commission, EFCC, had called 13 witnesses in the course of trail.

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