Brief: Amtech Announces Sale Of Solar Business And Changes To Executive Team

Amtech Systems

28/01/2020 21:53

Jan 28 (Reuters) - Amtech Systems Inc  ASYS.O :
    * AMTECH ANNOUNCES SALE OF SOLAR BUSINESS AND CHANGES TO
EXECUTIVE
TEAM
    * AMTECH SYSTEMS INC -  IN CONNECTION WITH SALE, AGREED TO
PROVIDE
A TERM LOAN TO TEMPRESS IN PRINCIPAL SUM OF $2.3 MILLION
    * AMTECH SYSTEMS - EXPECT TO RECORD SIGNIFICANT PRE-TAX LOSS
& TAX
BENEFIT ON DECONSOLIDATION, AS PART OF FISCAL Q2 FINANCIAL
STATEMENTS
    * AMTECH SYSTEMS INC - PROMOTION OF MICHAEL WHANG TO CHIEF
EXECUTIVE OFFICER, EFFECTIVE IMMEDIATELY
    * AMTECH SYSTEMS - ANNOUNCED SALE OF ITS SHARES OF TEMPRESS
GROUP
HOLDING B.V. FOR NOMINAL CONSIDERATION TO STICHTING CONTINUITEIT
TEMPRESS

Source text for Eikon:  ID:nPn1Cl2fQa 
Further company coverage:  ASYS.O 

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