Ascendent Wins Overwhelming Shareholder Support to Acquire Hollysys for US$26.50 Per Share
Hollysys Automation Technologies, Ltd. (HOLI)
Last hollysys automation technologies, ltd. earnings: 2/19 05:00 pm
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US:NASDAQ Investor Relations:
hollysys.investorroom.com
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Source: PR Newswire
Approximately 86.94% of the shareholders who voted at the shareholders meeting approved Ascendent's acquisition proposal; Approximately 76.95% of shareholders voted, underlining the competitive value that has been offered to them.Ascendent is committed to securing regulatory approvals and closing the acquisition expeditiously.HONG KONG, Feb. 8, 2024 /PRNewswire/ -- Ascendent Capital Partners ("Ascendent"), a private equity investment management firm managing assets for global institutional investors, is pleased to note that Hollysys Automation Technologies Ltd. (NASDAQ: HOLI) ("Hollysys" or the "Company") has announced the voting results of the Company's Extraordinary General Meeting ("EGM") held today. The EGM concluded with the overwhelming majority of Hollysys shareholders approving all resolutions, including the resolution pursuant to which Ascendent will acquire all outstanding shares of Hollysys that it does not currently own for US$26.50 per share in cash.Leon Meng, Chairman an
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HOLI
News
- Hollysys Automation Technologies Ltd. (NASDAQ: HOLI) is now covered by analysts at StockNews.com. They set a "buy" rating on the stock.MarketBeat
- Hollysys Automation Technologies Ltd. (NASDAQ: HOLI) is now covered by analysts at StockNews.com. They set a "buy" rating on the stock.MarketBeat
- Hollysys Automation Technologies Ltd. (NASDAQ: HOLI) is now covered by analysts at StockNews.com. They set a "buy" rating on the stock.MarketBeat
- Hollysys Automation Technologies Ltd. (NASDAQ: HOLI) is now covered by analysts at StockNews.com. They set a "buy" rating on the stock.MarketBeat
- Hollysys Automation Technologies Ltd. (NASDAQ: HOLI) is now covered by analysts at StockNews.com. They set a "buy" rating on the stock.MarketBeat
HOLI
Sec Filings
- 4/15/24 - Form 6-K
- 3/14/24 - Form 144
- 3/13/24 - Form 144
- HOLI's page on the SEC website