Brief: Borqs Technologies Received Extension From CFIUS For Hhe Divestment, And Will Consider Share Buyback And/Or Pay A Special Dividend
Aug 22 (Reuters) -
* BORQS TECHNOLOGIES RECEIVED EXTENSION FROM CFIUS FOR HHE
DIVESTMENT, AND WILL CONSIDER SHARE BUYBACK AND/OR PAY A SPECIAL
DIVIDEND
* BORQS TECHNOLOGIES INC - CFIUS GRANTED EXTENSION TO
JANUARY 1,
2024 TO COMPLETE DIVESTMENT OF ITS SUBSIDIARY, HOLU HOU ENERGY
LLC
Source text for Eikon: ID:nGNX7J0RRt
Further company coverage: BRQS.O
((reuters.briefs@thomsonreuters.com;))
Recent news on Borqs Technologies
See all newsBrief: Borqs Technologies Completed Cash Sale Of Core Businesses To Sasken Technologies Of India
Brief: Sasken To Acquire Borqs Technologies Inc’S Business For $40 Million
Brief: Borqs Technologies Announces Reverse Stock Split
Brief: Borqs Technologies Shortlists Buyers For The Second Round Of Due Diligence & Negotiations For The Divestment Of Holu Hou Energy LLC
Brief: Borqs Technologies Is Expanding Its Iot Device Businesses In Africa Annual Potential Sales Of $30 Million