$HOLI News
Last published 2y ago
- 2y agoHOLIHollysys Announces Completion of Merger Transaction with Ascendent Capital PartnersPR NewswireHollysys Automation Technologies Ltd. (NASDAQ: HOLI) ("Hollysys" or the "Company") and Ascendent Capital Partners ("Ascendent") today announced the...
- 2y agoHOLIHollysys Announces Expected Completion Date of Merger Transaction with Ascendent Capital PartnersPR NewswireHollysys Automation Technologies Ltd. (NASDAQ: HOLI) ("Hollysys" or the "Company") today announced that it expects to complete its merger transaction ...
- 2y agoHOLIHollysys Announces Completion of Regulatory Review of Merger TransactionPR NewswireHollysys Automation Technologies Ltd. (NASDAQ: HOLI) ("Hollysys" or the "Company") today announced that it has been informed by Ascendent Capital...
- 2y agoHOLIHollysys Announces Appointment of New AuditorPR NewswireHollysys Automation Technologies Ltd. (NASDAQ: HOLI) ("Hollysys" or the "Company") today announced the appointment of Vocation HK CPA Limited...
- 2y agoHOLIHollysys CEO Informs Company of Recent Share SalesPR NewswireHollysys Automation Technologies Ltd. (NASDAQ: HOLI) ("Hollysys" or the "Company") has been informed by its Chief Executive Officer, Dr. Changli...
- 2y agoHOLIHollysys Automation Technologies Reports Unaudited Financial Results for the Third Quarter and the First Nine Months Ended March 31, 2024PR NewswireHollysys Automation Technologies Ltd. (NASDAQ: HOLI) ("Hollysys," the "Company" or "we"), a leading provider of automation and control technologies...
- 2y agoHOLIHollysys Automation Technologies Reports Unaudited Financial Results for the Second Quarter and the First Half Year Ended December 31, 2023PR NewswireHollysys Automation Technologies Ltd. (NASDAQ: HOLI) ("Hollysys," the "Company" or "we"), a leading provider of automation and control technologies...
- 2y agoHOLIAscendent Wins Overwhelming Shareholder Support to Acquire Hollysys for US$26.50 Per SharePR NewswireAscendent Capital Partners ("Ascendent"), a private equity investment management firm managing assets for global institutional investors, is pleased...
- 2y agoHOLIHollysys Announces Shareholder Approval of Merger Agreement with AscendentPR NewswireHollysys Automation Technologies Ltd. (NASDAQ: HOLI) ("Hollysys" or the "Company") today announced that, at an extraordinary general meeting of...
- 2y agoHOLIDazheng Group Reaffirms Commitment to Acquire Hollysys at US$29.50 Per ShareBusiness WireBuyer Consortium will remain committed to acquiring Hollysys at US$29.50 per share after the proposed Ascendent transaction is rejected by shareholders Buyer Consortium's offer provides more closing certainty than the
- 2y agoHOLIDazheng Group Reaffirms Commitment to Acquire Hollysys Automation Technologies at US$29.50 per share and Urges Shareholders to Vote Against the Lower Priced Ascendent TransactionBusiness WireBuyer Consortium has acted in good faith in attempts to negotiate a transaction with Hollysys and has demonstrated financing above industry standards Hollysys' claims against the Buyer Consortium demonstrate prejudice
- 2y agoHOLIHollysys Reiterates Strong Support for Ascendent Deal; Provides Update on Engagement with DazhengPR NewswireThe Special Committee of Hollysys Automation Technologies Ltd. (NASDAQ: HOLI) ("Hollysys" or the "Company") today reiterated its unanimous...
- 2y agoHOLIHollysys Engages With Buyer Consortium Led by Dazheng Group Following Recommendations Against Ascendent Transaction from Leading Proxy AdvisorsBusiness WireBuyer Consortium at one point offered All-Cash Proposal of US$29.50 Per Share to acquire Hollysys Buyer Consortium remains committed to negotiating its latest proposal of US$29.50 with the Hollysys Board Buyer
- 2y agoHOLIHollysys Announces Shareholder Meeting to Vote on Acquisition by Ascendent Capital PartnersPR NewswireHollysys Automation Technologies Ltd. (NASDAQ: HOLI) ("Hollysys" or the "Company") today announced that it will hold an extraordinary general meeting ...
- 2y agoHOLIHollysys Announces End of "Go-Shop" Period under Merger Agreement with Ascendent Capital PartnersPR NewswireHollysys Automation Technologies Ltd. (NASDAQ: HOLI) ("Hollysys" or the "Company") today announced the end of the "go-shop" period as provided for in ...
- 2y agoHOLIBuyer Consortium Led by Dazheng Group Announces Enhanced All-Cash Proposal of US$29.00 Per Share to Acquire HollysysBusiness WireEnhanced proposal is 9.4% higher than the Ascendent Capital offer and is backed by secured financing Ascendent Capital's proposal does not represent the best value for shareholders The Consortium has full confidence
- 2y agoHOLIHollysys to be Acquired by Ascendent Capital Partners for US$26.50 in Cash Per SharePR NewswireHollysys Automation Technologies Ltd. (NASDAQ: HOLI) ("Hollysys" or the "Company") today announced that it has reached an agreement to be acquired by ...
- 2y agoHOLIBuyer Consortium Led by Recco Control Technology and Dazheng Group Issues Statement on Hollysys' Announced Special MeetingBusiness WireReiterates All-Cash Offer of US$26.50 Per Share while Noting Board is Negotiating a Deal without the Support of Shareholders Special Meeting Must Happen Prior to Definitive Deal, Any Deal Announced Prior to Special
- 2y agoHOLIHollysys Update: EGM, Sale ProcessPR NewswireHollysys Automation Technologies Ltd. (NASDAQ: HOLI) ("Hollysys" or the "Company") today announced its intention to hold a special meeting of...
- 2y agoHOLIHollysys Automation Technologies Reports Unaudited Financial Results for the First Quarter Ended September 30, 2023PR NewswireHollysys Automation Technologies Ltd. (NASDAQ: HOLI) ("Hollysys" or the "Company"), a leading provider of automation and control technologies and...
- 2y agoHOLIBuyer Consortium Led by Recco Control Technology and Dazheng Group Urges the Directors of Hollysys to Convene the Special Meeting of Shareholders and the Special Committee to Move Forward with a Transparent and Genuine Sale ProcessBusiness WireBuyer consortium ("the consortium") led by Recco Control Technology Pte. Ltd. ("Recco Control Technology") and Dazheng Group (Hong Kong) Investment Holdings Company Limited ("Dazheng Group") expressed its strong desire
- 3y agoHOLIBuyer Consortium Led by Recco Control Technology and Dazheng Group Increases Its Offer to Acquire Hollysys to US$26.50 Per ShareBusiness WireOffer now represents a 42% premium to Hollysys' undisturbed closing share price on August 23, 2023 and a 28.6% premium to Hollysys' closing share price on November 3, 2023 Further shareholder support for calling of
- 3y agoHOLIBuyer Consortium Led by Recco Control Technology and Dazheng Group Responds to Hollysys' Misleading and Alarming Statements Seeking to Disenfranchise ShareholdersBusiness WireBuyer consortium ("the consortium") led by Recco Control Technology Pte. Ltd. ("Recco Control Technology") and Dazheng Group (Hong Kong) Investment Holdings Company Limited ("Dazheng Group") today issued a statement
- 3y agoHOLIHollysys Provides Update on Sale Process; Responds to Shareholder Request for Special MeetingPR NewswireHollysys Automation Technologies Ltd. (NASDAQ: HOLI) ("Hollysys" or the "Company") today announced that the Special Committee of the Board of...
- 3y agoHOLIBuyer Consortium Led by Recco Control Technology and Dazheng Group Responds to Hollysys' Update on Sale ProcessBusiness WireReminds Shareholders of Similar Fact Pattern in 2021 Fully Expects Board to Move Forward with Special Meeting After it Confirmed Receipt of Updated Material From Shareholders Provides Update on Engagement and Legal
- 3y agoHOLIHollysys Provides Update on Ongoing Sale Process and Special Meeting Request; Discloses Offer from Management-Backed Buyer GroupPR NewswireHollysys Automation Technologies Ltd. (NASDAQ: HOLI) ("Hollysys" or the "Company") today announced that its special committee of independent...
- 3y agoHOLIBuyer Consortium Led by Recco Control Technology and Dazheng Group Issues Statement on Hollysys' Formal Sale ProcessBusiness WireReiterates All-Cash Offer of US$25 Per Share Welcomes Formation of Special Committee to Lead Sale Process Looks Forward to Discussions and Due Diligence Process Buyer consortium ("the consortium") led by Recco
- 3y agoHOLIHollysys Announces Formal Sale Process as Part of Review of Strategic OptionsPR Newswire- Forms special committee of independent directors to conduct process - - Will evaluate proposal from bidder group - - Deutsche Bank to solicit additional potential offers on behalf of the Company - BEIJING, Oct. 2, 2023
- 3y agoHOLIHollysys Receives Notices of Intention to Request Special Meeting of Shareholders and Additionally an Unsolicited Offer to Acquire the CompanyPR NewswireBEIJING, 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
- 3y agoHOLIBuyer Consortium Led by Recco Control Technology and Dazheng Group Affirms US$25 Per Share Offer to Acquire HollysysBusiness WireAll-cash offer provides Hollysys shareholders a 34% premium to the closing share price of US$18.66 on August 23, 2023 Consortium is hopeful the Hollysys Board will fulfill its statutory and fiduciary obligations and
- 3y agoHOLIHollysys Automation Technologies Reports Unaudited Financial Results for the Fourth Quarter and the Fiscal Year Ended June 30, 2023PR NewswireFiscal Year 2023 Financial Highlights Total revenues were $777.4 million, an increase of 9.9% compared to the comparable prior year period. Unfavorable impact from depreciation of Renminbi against the U.S. dollar has
- 3y agoHOLIHollysys Automation Technologies Reports Unaudited Financial Results for the Third Quarter and the First Nine Months Ended March 31, 2023PR NewswireFirst Nine Months of Fiscal Year 2023 Financial Highlights Total revenues were $582.4 million, an increase of 10.9% compared to the comparable prior year period.Gross margin was 33.4%, compared to 33.9% for the
- 3y agoHOLIHollysys Automation Technologies Reports Unaudited Financial Results for the Second Quarter and the First Half Year Ended December 31, 2022PR NewswireFirst Half of Fiscal Year 2023 Financial Highlights Total revenues were $414.8 million, an increase of 12.2% compared to the comparable prior year period.Gross margin was 36.1%, compared to 35.3% for the comparable prior
- 3y agoHOLIHollysys Automation Technologies Reports Unaudited Financial Results for the First Quarter Ended September 30, 2022PR NewswireFirst Quarter of Fiscal Year 2023 Financial Highlights Total revenues were $170.0 million, an increase of 10.9% compared to the comparable prior year period.Gross margin was 31.1%, compared to 34.2% for the comparable
- 4y agoHOLIHollysys Automation Technologies Reports Unaudited Financial Results for the Fiscal Year and the Fourth Quarter Ended June 30, 2022PR NewswireFiscal Year 2022 Financial Highlights Total revenues were $707.5 million, an increase of 19.2% compared to the comparable prior year period. Gross margin was 33.8%, compared to 36.8% for the comparable prior year period. Non-GAAP gross margin was 3
- 4y agoHOLIBuyer Consortium Led by Recco Control Technology and Dazheng Group Announces Engagement of UBS as Financial Advisor and Reaffirms Non-Binding Indicative Offer of $25 Per Share to Acquire HollysysPR NewswireSINGAPORE and HONG KONG, July 8, 2022 /PRNewswire/ -- Buyer consortium led by Recco Control Technology Pte. Ltd. ("Recco Control Technology") and Dazheng Group (Hong Kong) Investment Holdings Company Limited ("Dazheng Group") announces today that UBS AG
- 4y agoHOLIHollysys Automation Technologies Reports Unaudited Financial Results for the Third Quarter and the First Nine Months Ended March 31, 2022PR NewswireFirst Nine months of Fiscal Year 2022 Financial Highlights Total revenues were $525.3 million, an increase of 20.9% compared to the comparable prior year period. Gross margin was 33.9%, compared to 36.4% for the comparable prior year period. Non-GAA
- 4y agoHOLIGreat Wall Capital Co., Ltd. Join Co-investment in Hollysys with Recco Control Technology Pte. Ltd. and Dazheng Group (Hong Kong) Investment Holdings Company LimitedPR NewswireSINGAPORE and HONG KONG, April 11, 2022 /PRNewswire/ -- Great Wall Capital Co., Ltd. announced today that it has joined the co-investment with Recco Control Technology Pte. Ltd. and Dazheng Group (Hong Kong) Investment Holdings Company Limited in acqui
- 4y agoHOLIRecco Control Technology Pte. Ltd. and Dazheng Group (Hong Kong) Investment Holdings Company Limited Enter into a Strategic Cooperation MOU with Great Wall Capital Management Limited And Reaffirm Interest in Acquiring HollysysPR NewswireSINGAPORE and HONG KONG, March 21, 2022 /PRNewswire/ -- Recco Control Technology Pte. Ltd. and Dazheng Group (Hong Kong) Investment Holdings Company Limited announced today that they have entered into a non-binding strategic cooperation memorandum of un
- 4y agoHOLIHollysys Automation Technologies Reports Unaudited Financial Results for the Second Quarter and the First Half Year Ended December 31, 2021PR NewswireFirst Half of Fiscal Year 2022 Financial Highlights Total revenues were $369.6 million, an increase of 13.8% compared to the comparable prior year period. Gross margin was 35.3%, compared to 36.1% for the comparable prior year period. Non-GAAP gro
- 4y agoHOLITFI Asset Management Limited Announces to Join a Consortium Led by Recco Control Technology Pte. Ltd. and Dazheng Group (Hong Kong) Investment Holdings Company LimitedPR NewswireSINGAPORE and HONG KONG, March 11, 2022 /PRNewswire/ -- TFI Asset Management Limited announced today that it has joined a consortium led by Recco Control Technology Pte. Ltd. and Dazheng Group (Hong Kong) Investment Holdings Company Limited in respect of
- 4y agoHOLIHollysys Automation Technologies Announces Annual Cash DividendPR NewswireBEIJING, March 10, 2022 /PRNewswire/ -- Hollysys Automation Technologies Ltd. (NASDAQ:HOLI) ("Hollysys" or the "Company"), a leading provider of automation and control technologies and applications in China, today announced that the Board of Directors o
- 4y agoHOLIKirby McInerney LLP Continues Investigation of Shareholder Claims on Behalf of Hollysys Automation Technologies Ltd. (HOLI) InvestorsGlobeNewswireNEW YORK, Jan. 27, 2022 (GLOBE NEWSWIRE) -- The law firm of Kirby McInerney LLP is investigating potential claims against Hollysys Automation Technologies Ltd. ("Hollysys" or the "Company") (NASDAQ:HOLI). The investigation concerns whether Hollysys has
- 4y agoHOLIA Letter to InvestorsPR NewswireBEIJING, Jan. 24, 2022 /PRNewswire/ -- Hollysys Automation Technologies Ltd. (NASDAQ:HOLI) ("Hollysys" or the "Company"), a leading provider of automation and control technologies and applications in China, today made available the following open letter
- 4y agoHOLIBuyer Consortium Led by Recco Control Technology Pte. Ltd. and Dazheng Group (Hong Kong) Investment Holdings Company Limited Announces Non-Binding Offer to Acquire HollysysPR NewswireSINGAPORE and HONG KONG, China, Jan. 24, 2022 /PRNewswire/ -- Recco Control Technology Pte. Ltd. and Dazheng Group (Hong Kong) Investment Holdings Company Limited, as certain members of the buyer consortium, announced today that, on December 3, 2021, the
- 4y agoHOLIHollysys Automation Technologies Announces its Chief Executive Officer and Director ChangePR NewswireBEIJING, Jan. 3, 2022 /PRNewswire/ -- Hollysys Automation Technologies Ltd. (NASDAQ:HOLI) ("Hollysys" or the "Company"), a leading provider of automation and control technologies and applications in China, today announced that effective as of January 1,
- 4y agoBAHOLINTESQGEN+1Thinking about trading options or stock in Qiagen NV, NetEase, Boeing, Hollysys Automation Technologies, or Walmart?PR NewswireNEW YORK, Nov. 16, 2021 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for QGEN, NTES, BA, HOLI, and WMT. Cl
- 4y agoBFLYHOLIKERNSNDL+1Thinking about buying stock in Akerna, Xeris Biopharma, Sundial Growers, Hollysys Automation Technologies, or Butterfly Network?PR NewswireNEW YORK, Nov. 15, 2021 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for KERN, XERS, SNDL, HOLI, and BFLY.
- 5y agoHOLIHollySys Comments on BVI Court Decision Denying Claim of Mr. Baiqing Shao and Ace Lead Profits LimitedPR NewswireBEIJING, Sept. 24, 2021 /PRNewswire/ -- HollySys Automation Technologies Ltd. (NASDAQ:HOLI) ("HollySys" or the "Company"), a leading provider of automation and control technologies and applications in China, today provided an update on the litigation fil
- 5y agoHOLIHollySys Board of Directors Announces Update to Preliminary Non-Binding OfferPR NewswireBEIJING, Aug. 24, 2021 /PRNewswire/ -- HollySys Automation Technologies Ltd. (NASDAQ:HOLI) ("HollySys" or the "Company"), a leading provider of automation and control technologies and applications in China, today announced that the Company's Board of Dir