Hassen Corporation: Plans to issue shares to acquire 45% equity of Suzhou Langkes and raise funds.
Hassen Co., Ltd. announced that the company plans to issue shares to purchase 45% equity of Suzhou Langkes and raise supporting funds. The company's stock will be suspended from trading on December 12-13, 2024, and will resume trading from December 26. In 2025, due to incomplete audit and other work, the shareholder meeting cannot be held on time. On December 14, the company adjusted the transaction scheme by reducing the purchase of 100% equity of Chenling Optics. As of the date of the announcement, the due diligence, audit, evaluation, and other work have not been completed. The company will convene another board meeting for further deliberation after the completion of the work, and the transaction still requires approval from multiple parties, with uncertainties.
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