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Unisplendour Corporation: Plans to raise no more than 5.57 billion yuan through private placement to acquire a 6.98% stake in New H3C and other purposes
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Author：小编
On February 11, Unisplendour Corporation announced its plan to issue A-share stocks to specific objects, aiming to raise no more than 5.57 billion yuan. The funds will be used to acquire a 6.98% stake in New H3C, purchase R & D equipment, and repay bank loans. The plan requires approval from the shareholders' meeting, review by the Shenzhen Stock Exchange, and registration with the China Securities Regulatory Commission. Meanwhile, the company has terminated its plans for an H-share listing.
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