Buyer Consortium Updates Shareholders of Hollysys Automation Technologies With Additional Information Relating to Consent Solicitation
The buyer consortium (the Consortium) consisting of Mr. Shao Baiqing, Ace Lead Profits Limited, and CPE Funds Management Limited today issued a letter to shareholders of Hollysys Automation Technologies Ltd. (NASDAQ: HOLI) (the Company or Hollysys) with additional information regarding the Consortiums proposed acquisition of the Company and the consent solicitation.
- The buyer consortium (the Consortium) consisting of Mr. Shao Baiqing, Ace Lead Profits Limited, and CPE Funds Management Limited today issued a letter to shareholders of Hollysys Automation Technologies Ltd. (NASDAQ: HOLI) (the Company or Hollysys) with additional information regarding the Consortiums proposed acquisition of the Company and the consent solicitation.
- The Consortium reminds shareholders of the Company as of June 24, 2021 to sign, date and return the WHITE consent card as soon as possible before July 22, 2021.
- Additionally, in case it is helpful, we would like to share with all shareholders the information we have provided in response to certain limited inquiries we have received:
Will the results of the consent solicitation commit shareholders to the Proposed Acquisition? - These approved resolutions, even after becoming effective, do not constitute an approval and authorization of the Proposed Acquisition by shareholders.