China Singyes to spin off materials unit


If everything proceeds as planned, Singyes New Materials — a producer of indium tin oxide film, polymer dispersed liquid crystal film electronically switchable glass (Smart Light-adjusting Glass), and smart light-adjusting projection systems — will remain a group subsidiary.

The group currently owns 90.1% of Singyes New Materials, according to a statement on the Hong Kong stock exchange.

The subsidiary will seek a listing on on Hong Kong’s Growth Enterprise Market (GEM) through an initial placement of shares to institutional investors, in addition to a preferential offering to qualifying shareholders, that will in aggregate amount to 25% of the enlarged issued share capital of the company.


Related content

Elsewhere on pv magazine...

Leave a Reply

Please be mindful of our community standards.

Your email address will not be published. Required fields are marked *

By submitting this form you agree to pv magazine using your data for the purposes of publishing your comment.

Your personal data will only be disclosed or otherwise transmitted to third parties for the purposes of spam filtering or if this is necessary for technical maintenance of the website. Any other transfer to third parties will not take place unless this is justified on the basis of applicable data protection regulations or if pv magazine is legally obliged to do so.

You may revoke this consent at any time with effect for the future, in which case your personal data will be deleted immediately. Otherwise, your data will be deleted if pv magazine has processed your request or the purpose of data storage is fulfilled.

Further information on data privacy can be found in our Data Protection Policy.