Highest Performances Announces Acquisition of an AI Humanoid Robot Hardware Manufacturer [Yahoo! Finance]
Highest Performances Holdings Inc. - American Depository Shares (HPH)
Company Research
Source: Yahoo! Finance
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 signing date. The Company expects to complete the transaction by the end of June 2024, subject to customary closing conditions. Upon completion of the t
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News
- Highest Performances Holdings Inc. (NASDAQ: HPH) to Announce Unaudited Financial Results For The First Half of The Fiscal Year 2024 and Host Conference Call on May 30, 2024 [Yahoo! Finance]Yahoo! Finance
- Highest Performances Holdings Inc. (NASDAQ: HPH) to Announce Unaudited Financial Results For The First Half of The Fiscal Year 2024 and Host Conference Call on May 30, 2024GlobeNewswire
- 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