Hanergy is continuing to raise more questions than it answers, with news today that it has delayed the announcement of key information regarding its supply contracts. Citing the need for additional time, Hanergy says that the information will be released on or before July 2015.
The aspirant thin film developer and producer had committed to releasing the information in the form of a Circular by June 1, in statements made in February, March and April of this year.
The Circular was to include more details about its Master Supply Agreement and related transactions, letters of recommendation and advice from the Indepdent Board Committee and its advisor, and notice of an extraordinary or special general meeting (SGM).
Trading in Hanergy TFs stock remains frozen after its precipitous decline in value earlier in March while an investigation into the company and the trading of its stock is carried out by the Hong Kong Stock Exchange.
Popular content
This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact: editors@pv-magazine.com.
Share
Jonathan Gifford
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.