Today’s announcement indicates either the board or the listing committee of the Hong Kong exchange where the company is listed put a spanner in the works.
A convertible bond issuance by Valoe Corp is due to expire on Sunday and the board has already been forced to sign up for more than 40% of the investment. The module maker, which is still attempting to pay for a cell line acquired from Solitek last year, has been announced as a technology partner by Munich-based Sono Motors.
The glass maker is set to issue fewer shares – at a higher value – in its solar glass subsidiary as it aims to generate funds for two new PV glass production lines in China.
This website uses cookies to anonymously count visitor numbers. View our privacy policy.
The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.