Skip to main content

Hollysys Automation(HOLI-Q)
NASDAQ

Today's Change
Real-Time Last Update Last Sale Cboe BZX Real-Time

Hollysys Receives Notices of Intention to Request Special Meeting of Shareholders and Additionally an Unsolicited Offer to Acquire the Company

PR Newswire - Tue Sep 5, 2023

BEIJING, Sept. 5, 2023 /PRNewswire/ -- Hollysys Automation Technologies Ltd. (NASDAQ: HOLI) ("Hollysys" or the "Company") announced that on August 23, 2023, it received from certain shareholders of the Company, notices of intention (collectively, the "Notices of Intention") to request the board of directors of the Company (the "Board") to convene a special meeting of shareholders to consider certain proposed amendments to the Amended and Restated Memorandum and Articles of Association of the Company (the "Articles"), including to increase the size of the Board from five to eleven directors, and to appoint six director candidates put forward by this group of shareholders.

Read more at prnewswire.com

Provided Content: Content provided by PR Newswire. The Globe and Mail was not involved, and material was not reviewed prior to publication.

More from The Globe