ASR Microelectronics Co. Ltd. A688220
▲ PositiveCapitalrelevance
Plans H-share issuance and Hong Kong listing, a capital markets event that could improve access to funding and valuation.

ASR Microelectronics announced that its board of directors has approved proposals for the issuance of H shares and listing on the Main Board of the Hong Kong Stock Exchange. The issuance and listing are still subject to shareholder approval, as well as filing, approval, or authorization from regulatory bodies including the China Securities Regulatory Commission and the Hong Kong Stock Exchange. Specific details have not yet been finalized, and there is significant uncertainty as to whether the plan can ultimately be implemented.
ASR Microelectronics Co. Ltd. APlans H-share issuance and Hong Kong listing, a capital markets event that could improve access to funding and valuation.