return to shareholders compared to the closing price of Hollysys’ stock on the last trading day before the announcement of the Consortium’s proposal.
The Consortium, led by Dazheng Group, is confident in its ability to complete the proposed transaction and is committed to working with Hollysys and its stakeholders to finalize the acquisition. The Consortium believes that its offer is in the best interest of Hollysys shareholders and will provide significant opportunities for the company’s future growth and success.
Dazheng Group, a leading investment firm with extensive experience in the technology and automation sectors, has a strong track record of successful acquisitions and has the financial resources necessary to complete the proposed transaction. The Consortium is committed to maintaining and enhancing Hollysys’ position as a global leader in the automation industry and is dedicated to supporting the company’s continued growth and development.
The Consortium’s offer of US$29.50 per share represents a premium of 44.6% over the average closing price of Hollysys’ stock during the 30 trading days prior to the announcement of the Consortium’s proposal. This substantial premium demonstrates the Consortium’s confidence in the value and potential of Hollysys and reflects the Consortium’s commitment to delivering significant value to Hollysys shareholders.
The Consortium recognizes the importance of Hollysys’ employees, customers, and partners and is committed to maintaining strong relationships with all stakeholders. The Consortium intends to support and nurture Hollysys’ talented team and to provide the resources and support necessary to drive continued innovation and growth.
The Consortium is eager to move forward with the proposed transaction and is committed to conducting the process in a transparent and efficient manner. The Consortium believes that its offer provides an excellent opportunity for Hollysys shareholders to realize significant value and is confident that the proposed transaction will be completed in a timely manner.
Hollysys shareholders are encouraged to carefully consider the merits of the Consortium’s offer and to support the proposed transaction. The Consortium is committed to delivering a successful outcome for all stakeholders and is dedicated to ensuring a smooth and seamless transition for Hollysys.
The Consortium looks forward to working with Hollysys and its stakeholders to complete the proposed transaction and is confident that the combination of Dazheng Group’s expertise and resources with Hollysys’ industry-leading technology and capabilities will create significant value for all parties involved.
In conclusion, the Buyer Consortium, led by Dazheng Group, remains highly motivated to acquire Hollysys at US$29.50 per share and is committed to delivering significant value to Hollysys shareholders. The Consortium’s offer represents an attractive opportunity for Hollysys shareholders to realize a substantial premium and the Consortium is confident in its ability to complete the proposed transaction in a timely and efficient manner. Hollysys shareholders are encouraged to carefully consider the merits of the Consortium’s offer and to support the proposed transaction for the benefit of all stakeholders.
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