Hanergy Mobile Energy says HK-listed unit re-listing okayedBusiness | 23 Oct 2018 1:15 pm
Hanergy Mobile Energy announced on its website today that Hanergy Thin Film Power (0566) agreed to the privatization proposal after a discussion on October 18.
HME said that it made a privatization offer to Hanergy TFP with the purchasing price not less than HK$5 per share, in a bid to list Hanergy TFP in the A share market, as Hanergy TFP has been suspended for more than three years.
Hanergy Film has not disclosed relevant information to the bourse. The stock is still suspended and at HK$3.91.