Brief: Hollysys Announces Receipt Of A Non-Binding "Going Private" Proposal

Hollysys Automation Technologies

10/12/2020 11:02

Dec 10 (Reuters) - Hollysys Automation Technologies Ltd
 HOLI.O :
    * HOLLYSYS ANNOUNCES RECEIPT OF A NON-BINDING "GOING
PRIVATE"
PROPOSAL
    * HOLLYSYS AUTOMATION - GOT UNSOLICITED NON-BINDING PROPOSAL
LETTER TO ACQUIRE ALL OUTSTANDING ORDINARY SHARES OF CO FOR
$15.47 IN CASH/ORDINARY SHARE
    * HOLLYSYS AUTOMATION - GOT UNSOLICITED NON-BINDING PROPOSAL
LETTER FROM CONSORTIUM OF MR. BAIQING SHAO, ACE LEAD PROFITS &
CPE FUNDS MANAGEMENT

Source text for Eikon:  ID:nPn5xNYLla 
Further company coverage:  HOLI.O 

 ((Reuters.Briefs@thomsonreuters.com;))