Koris (301314) to buy Honggang Optoelectronics in major asset deal
Briefing by News4U · First published
Koris plans to issue shares and pay cash for 100% of Honggang Optoelectronics and raise supporting funds; trading resumes 26 October.
Sina Finance reported that Koris (301314) disclosed a plan on 25 October to purchase 100% of Honggang Optoelectronics from seven counterparties including Li Gang by issuing shares and paying cash, while issuing shares to no more than 35 specific investors to raise supporting funds. [1]
The transaction constitutes a major asset restructuring and related-party transaction but does not amount to a back-door listing; trading will resume on 26 October. [1]
Sources
- 301314，重大资产重组方案公布！明天复牌
Sina Finance · · Full text