Brief: Schweizer Electronic To Raise Funds Up To CNY 75 Mln

Schweizer Electronic AG

10/01/2022 16:20

Jan 10 (Reuters) - SCHWEIZER ELECTRONIC AG  SWEGn.DE :
    * SIGNIFICANT INCOMING ORDERS LEAD TO FULL ORDER BOOKS -
STRATEGIC
PARTNER INVESTS IN SCHWEIZER CHINA
    * NEGOTIATIONS WITH THE STRATEGIC INVESTOR WUS PRINTED
CIRCUITS
(KUNSHAN) FOR A DIRECT INVESTMENT IN SCHWEIZER ELECTRONIC CHINA
WERE SUCCESSFULLY CONCLUDED AT THE BEGINNING OF JANUARY, A FEW
DAYS AFTER OUR EXPECTED DATE
    * INFLOW OF FUNDS FROM THE CAPITAL INCREASE WILL AMOUNT TO
CNY 75
MILLION (AROUND EUR 10.5 MILLION)
    * DISCUSSIONS WITH ANOTHER INVESTOR ARE ONGOING
    * FOURTH QUARTER OF 2021 RESULTED IN SIGNIFICANT NEW ORDERS
FOR
SCHWEIZER OF AROUND EUR 47 MILLION
    * RECORD ORDER INTAKE OF EUR 175.2 MILLION WAS ACHIEVED LAST
YEAR

Source text for Eikon:  ID:nEQbW77NFa 
Further company coverage:  SWEGn.DE 

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