Highest Performances Announces Acquisition of an AI Humanoid Robot Hardware Manufacturer
Highest Performances Holdings Inc. - American Depository Shares (HPH)
Company Research
Source: GlobeNewswire
GUANGZHOU, China, March 28, 2024 (GLOBE NEWSWIRE) -- Highest Performances Holdings Inc. (NASDAQ: HPH) (“HPH” or the “Company”), a leading third-party wealth management services provider in China, today announces that, on March 27, 2024, the Company entered into a second supplementary agreement (the “Supplementary Agreement II”) to the strategic framework agreement previously entered into with Singapore White Group Pte. Ltd. (“White Group”). Pursuant to the Supplementary Agreement II, the Company will acquire 77.5% of the equity interests in Singapore White Lingjun Pte. Ltd. (“Singapore Lingjun”), a wholly-owned subsidiary of White Group. In exchange, the Company will issue an aggregate of 20,758,929 American Depositary Shares (“ADSs”), equivalent to 31,138,394 ordinary shares of the Company, to White Group. The shares consideration paid by the Company was determined based on the price equivalent to 80% of the average closing price of its ADSs for the 20 trading days preceding the s
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News
- Highest Performances Holdings Inc. (NASDAQ: HPH) Increases Its Shareholding in Fanhua to 51.1%GlobeNewswire
- Highest Performances Holdings Inc. (NASDAQ: HPH) Announces Third Supplementary Agreement to the Strategic Framework Agreement with White Group [Yahoo! Finance]Yahoo! Finance
- Highest Performances Holdings Inc. (NASDAQ: HPH) Announces Third Supplementary Agreement to the Strategic Framework Agreement with White GroupGlobeNewswire
- Highest Performances Holdings Inc. (NASDAQ: HPH) Secures a Share Purchase Agreement from GEM Global Yield LLC SCS (“GEM”) for an Investment of up to US$500 Million [Yahoo! Finance]Yahoo! Finance
- Highest Performances Holdings Inc. (NASDAQ: HPH) Secures a Share Purchase Agreement from GEM Global Yield LLC SCS (“GEM”) for an Investment of up to US$500 MillionGlobeNewswire