Brief: Schweizer Electronic Says Direct Investment In Schweizer Electronic China Approved

Schweizer Electronic AG

27/01/2022 12:32

Jan 27 (Reuters) - Schweizer Electronic AG  SWEGn.DE :
    * DGAP-NEWS: SCHWEIZER ELECTRONIC AG: WUS SHAREHOLDERS'
MEETING
APPROVES DIRECT INVESTMENT IN SCHWEIZER ELECTRONIC CHINA
    * THIS MEANS THAT TRANSACTION CAN TAKE PLACE AS PLANNED BY
MEANS
OF A 12.8 PERCENT CAPITAL INCREASE AT SCHWEIZER ELECTRONIC
(JIANGSU) CO., LTD. (CHINA)
    * INFLOW OF FUNDS FROM CAPITAL INCREASE WILL AMOUNT TO CNY
75
MILLION (APPROXIMATELY EUR 10.5 MILLION).
    * INFLOW OF FUNDS FROM CAPITAL INCREASE WILL AMOUNT TO CNY
75
MILLION (APPROXIMATELY EUR 10.5 MILLION).

Source text for Eikon:  ID:nEQ9BBNnSa 
Further company coverage:  SWEGn.DE 

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