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ASR Microelectronics: Alibaba Network Intends to Divest Up to 3% Stake
7 hour ago /
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Author：小编
ASR Microelectronics has made a public announcement stating that Alibaba Network, currently a significant shareholder with a 12.4333% stake in the company, has plans to divest up to 12.549 million shares. This divestment, which constitutes 3% of the company's total share capital, is set to take place within a three-month period following 15 trading days. The shares will be sold through a combination of block trades and centralized bidding mechanisms, adhering to standard market practices.
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