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Fullhan Microelectronics: Wisdom Holdings to Sell Up to 3% Stake
6 day ago /
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Author：小编
Fullhan Microelectronics has announced that Wisdom Holdings, a strategic partner of controlling shareholder Yang Xiaoqi, intends to reduce its shareholding by no more than 6.9021 million shares, equivalent to 3% of the total share capital. This reduction will occur within 3 months from the 15th trading day following the announcement, via auction or block trading. The rationale behind this move is the necessity to exit the fund upon its expiration, with the selling price to be determined by prevailing market conditions.
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