Hollysys Automation Technologies Ltd. (HOLI)
After hours:
- PR Newswire
Hollysys Automation Technologies Reports Unaudited Financial Results for the Second Quarter and the First Half Year Ended December 31, 2023
Hollysys Automation Technologies Ltd. (NASDAQ: HOLI) ("Hollysys," the "Company" or "we"), a leading provider of automation and control technologies and applications in China, today announced its unaudited financial results for the second quarter and the first half of fiscal year 2024 ended December 31, 2023.
- GuruFocus.com
Chris Davis Adjusts Position in Hollysys Automation Technologies Ltd
On December 31, 2023, Davis Advisors, under the leadership of portfolio manager Chris Davis (Trades, Portfolio), made a notable adjustment to its investment in Hollysys Automation Technologies Ltd (NASDAQ:HOLI). Following the trade, Davis Advisors holds a total of 5,248,240 shares in Hollysys, representing an 8.50% ownership stake in the company and accounting for 0.87% of the firm's portfolio. Davis Advisors is a prominent investment management firm overseeing assets worth over $60 billion.
- Reuters
REFILE-UPDATE 1-Hollysys shareholders approve merger with Ascendent Capital affiliates
The U.S. listed Chinese automation control system provider said last year it had agreed that Ascendent Capital, which already owns a 13.7% stake in the company, will acquire the outstanding Hollysys shares at $26.5 each in a deal valued around $1.66 billion. Superior Technologies Mergersub Limited, which is affiliated with Ascendent Capital, will merge into Hollysys, and Hollysys will become a wholly owned unit of Superior Technologies Holding Limited, another Ascendent affiliate, according to a Hollysys statement.
