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SHA:688206

5 stories mentioning SHA:688206Updated just now

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Asia

Primarius Technologies Shareholders to Offload Stakes

Primarius Technologies (SHA:688206) shareholders will reduce their holdings in the company by 10.6 million shares, according to a Monday filing with the Shanghai bourse.The shares to be offloaded from Gongqingcheng Jinqiu Equity Investment Management Partnership, Gongqingcheng Jiacheng Equity Investment Partnership, Jinggangshan Jingyuan Equity Investment Partnership, Gongqingcheng Ruicheng Equity Investment Partnership, Zhuzhou Guoxing Tongying Venture Capital Partnership, and Shanghai Xingcheng Investment Management, represent 2% of the entire shareholding of the company.

SHA:688206
Asia

Primarius Technologies Raises Over 1 Billion Yuan via Placement; Shares Fall 7%

Primarius Technologies (SHA:688206) raised 1.05 billion yuan via a private placement of 27.0 million shares at 38.92 yuan each.Proceeds will support the company's asset acquisition and related party transactions, according to a filing with the Shanghai bourse.Shares of the electronic design automation company were down 7% in recent trade.

SHA:688206
Asia

Primarius Technologies Clears M&A Hurdle for Dual Acquisition

Primarius Technologies (SHA:688206) obtained the approval of the Shanghai bourse's mergers and acquisitions committee for its acquisition of 100% of Chengdu IC Core Microelectronics Technology and 45.64% of Nanoeng Microelectronics Chengdu.The deal still requires registration approval from the China Securities Regulatory Commission, according to a Thursday filing with the Shanghai bourse.Shares of the electronic design automation company rose 6% in recent trade.

SHA:688206
Asia

Primarius Obtains Shanghai Bourse's Nod to Issue Shares for Acquisition; Shares Up 6%

Primarius Technologies (SHA:688206) received the Shanghai Stock Exchange's approval to issue shares in relation to an acquisition deal, according to a Shanghai bourse filing on Thursday.The Chinese EDA company plans to acquire 100% equity of Chengdu Ruicheng Microelectronics Technology and 45.64% equity of Nanotech Microelectronics (Chengdu).The plan is still subject to the China Securities Regulatory Commission's approval.The company's shares jumped 6% during the midday trade.

SHA:688206
Asia

Shanghai Bourse to Review Primarius Technologies' Acquisition Plans

The Shanghai Stock Exchange is set to review on June 10 Primarius Technologies' (SHA:688206) proposal to acquire two companies, according to a Friday bourse filing.The advanced device modeling company plans to fully acquire Chengdu Ruicheng Microelectronics Technology and 45.64% of Nanotech Microelectronics (Chengdu) through share placement and cash.

SHA:688206

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