On January 7, Unigroup Guoxin disclosed its intention to acquire either a controlling stake or the entire shareholding of Renesas Semiconductor Technology Corp. The proposed transaction would be executed through a combination of share issuance and cash payment, with plans to raise supplementary funds. Given that this transaction involves related parties, it's important to note that, as of the announcement's release date, negotiations regarding the transaction plan are still ongoing. Consequently, trading in the company's securities will remain suspended until further notice.
