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Buyer Consortium Warns Hollysys Shareholders Not to Be Misled by Company's Continuing Incomplete Disclosure and Delaying Tactics | Coronavirus


BEIJING (BUSINESS WIRE) Jul 8, 2021
The buyer consortium (the “Consortium”) consisting of Mr. Shao Baiqing, Ace Lead Profits Limited and CPE Funds Management Limited today issued a letter to shareholders of Hollysys Automation Technologies Ltd. (NASDAQ: HOLI) (the “Company” or “Hollysys”) regarding the Consortium’s proposed acquisition of the Company. The Consortium strongly believes that the proposed acquisition is the best and only option to shareholders to achieve immediate liquidity on their investment, at a highly attractive premium and with far greater certainty. The Consortium reminds shareholders of the Company as of June 24, 2021 to sign, date and return the WHITE consent card as soon as possible before July 22, 2021. ....

Hong Kong , Jinxiang Guo , Shao Baiqing , While The Company , Ace Lead Profits , Innisfree Ma Incorporated , Funds Management , Hollysys Automation Technologies Ltd , Company Or Hollysys , Ace Lead Profits Limited , Management Limited , Hollysys Automation Technologies , Fellow Shareholder , Proposed Acquisition , Shareholders Wait , Realize Immediate Liquidityat , Boss Zhipin , Protect Shareholder Best , Business Wire , ஹாங் காங் , போது தி நிறுவனம் , கெலிப்புச் சிற்றெண் வழி நடத்து ப்ராஃபிட்ஸ் , இன்னிஸ்ஃப்ரீ மா இணைக்கப்பட்டது , நிதி மேலாண்மை , கெலிப்புச் சிற்றெண் வழி நடத்து ப்ராஃபிட்ஸ் வரையறுக்கப்பட்டவை , மேலாண்மை வரையறுக்கப்பட்டவை ,

Buyer Consortium Warns Hollysys Shareholders Not to Be Misled by Company's Continuing Incomplete Disclosure and Delaying Tactics


Press release content from Business Wire. The AP news staff was not involved in its creation.
Buyer Consortium Warns Hollysys Shareholders Not to Be Misled by Company’s Continuing Incomplete Disclosure and Delaying Tactics
July 8, 2021 GMT
BEIJING (BUSINESS WIRE) Jul 8, 2021
The buyer consortium (the “Consortium”) consisting of Mr. Shao Baiqing, Ace Lead Profits Limited and CPE Funds Management Limited today issued a letter to shareholders of Hollysys Automation Technologies Ltd. (NASDAQ: HOLI) (the “Company” or “Hollysys”) regarding the Consortium’s proposed acquisition of the Company. The Consortium strongly believes that the proposed acquisition is the best and only option to shareholders to achieve immediate liquidity on their investment, at a highly attractive premium and with far greater certainty. The Consortium reminds shareholders of the Company as of June 24, 2021 to sign, date and return the WHITE consent card as soon as possible before ....

Hong Kong , Jinxiang Guo , Shao Baiqing , While The Company , Ace Lead Profits , Innisfree Ma Incorporated , Funds Management , Hollysys Automation Technologies Ltd , Company Or Hollysys , Ace Lead Profits Limited , Management Limited , Hollysys Automation Technologies , Fellow Shareholder , Proposed Acquisition , Shareholders Wait , Realize Immediate Liquidityat , Boss Zhipin , Protect Shareholder Best , Business Wire , ஹாங் காங் , போது தி நிறுவனம் , கெலிப்புச் சிற்றெண் வழி நடத்து ப்ராஃபிட்ஸ் , இன்னிஸ்ஃப்ரீ மா இணைக்கப்பட்டது , நிதி மேலாண்மை , கெலிப்புச் சிற்றெண் வழி நடத்து ப்ராஃபிட்ஸ் வரையறுக்கப்பட்டவை , மேலாண்மை வரையறுக்கப்பட்டவை ,

China-to-US IPOs: more pain coming


By Rashmi Kumar
03.30 AM
China s latest crackdown of three of its technology companies has a clear message for firms looking to list in the US and investors wanting to buy their shares.
The Chinese authorities have once again ramped up their crackdown of technology companies from the country.
The latest targets were Didi Global, Full Truck Alliance Co (FTA) and Kanzhun. All three are linked to the tech industry. Didi is a ride hailing firm that controls almost all of the market in the Mainland; FTA is an Uber-like service for truckers; while Kanzhun runs Boss Zhipin, a popular online recruitment platform. ....

Hong Kong , Donald Trump , Joe Biden , York Stock Exchange , Truck Alliance Co , Alibaba Group Holding , Ant Group , Exchange Commission , China State Council , China State Administration For Market Regulation , New York Stock Exchange , Tencent Holding , Didi Global , Boss Zhipin , State Administration , Market Regulation , State Council , ஹாங் காங் , டொனால்ட் துருப்பு , ஓஹோ பிடென் , யார்க் ஸ்டாக் பரிமாற்றம் , அலிபாபா குழு வைத்திருத்தல் , எறும்பு குழு , பரிமாற்றம் தரகு , சீனா நிலை சபை , புதியது யார்க் ஸ்டாக் பரிமாற்றம் ,