Hanergy Thin Film shareholders vote through share swap deal – just
The Chinese solar manufacturer is set to transfer independent shareholders’ stakes into a special purpose vehicle while one of its affiliate businesses seeks a listing on Beijing’s A-share index. Inevitably, though, the process has not been a smooth one.
Hanergy Thin Film shareholders to vote on share swap proposal
Details have finally emerged about when independent investors will decide whether to wave through a deal to transfer their stock into a special purpose vehicle for relisting the Hong Kong unit on the Chinese A-share index.
Hanergy chairman resigned from the board along with three directors
Founding chairman Li Hejun is too busy travelling to promote the company to also manage day-to-day operations. His sisters will hold the stock on his behalf, however.
