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Kaiweite: Announces Plans to Secure Controlling Interest in Jingyi Semiconductor Amidst Other Developments, Trading Halted
7 hour ago /
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Author：小编
On the evening of March 13, Kaiweite (688693) made an announcement detailing its intention to acquire a controlling stake in Jingyi Semiconductor. This will be achieved through a combination of share issuance and cash payments, along with the raising of supplementary funds (referred to as matching funds). This strategic move could potentially represent a significant restructuring of assets, though it does not amount to a restructuring listing. Consequently, trading of the company's stock will be temporarily suspended starting from March 16, with the suspension period anticipated to span no more than 10 trading days.
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