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UNISOC: Shenzhen Stock Exchange Greenlights Its Bid for Full Ownership of WeEn Semiconductors
7 hour ago /
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Author：小编
On June 16, UNISOC unveiled its strategic move to acquire 100% of WeEn Semiconductors' equity, currently held by 14 trading partners. This will be executed through a combination of share issuance and cash transactions, along with raising supplementary funds. The Shenzhen Stock Exchange has already given its nod to the acquisition application. However, for the deal to materialize, it still necessitates the formal approval from the Shenzhen Stock Exchange and the registration consent from the China Securities Regulatory Commission, adhering to the standard regulatory procedures in China's financial market.
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