Advanced Micro-Fabrication Equipment Inc.: Xunxin Investment Reveals Plans to Divest Up to 2% Stake
7 hour ago / Read about 0 minute
Author:小编   

Advanced Micro-Fabrication Equipment Inc. has made a public announcement stating that Xunxin (Shanghai) Investment Co., Ltd., a significant shareholder with an 8.90% ownership stake in the company, has intentions to decrease its shareholding by up to 2% of the total outstanding shares. This divestment will take place within a three-month window, commencing 15 trading days subsequent to the announcement date. The reduction in stake will be executed through a combination of centralized bidding and block trading mechanisms, adhering to standard market practices.