Hanwha Q CELLS receives receipt of preliminary non-binding proposal letter
Hanwha Q CELLS Co., Ltd. has announced that its board of directors has received a preliminary non-binding proposal letter, dated August 2, 2018, from Hanwha Solar Holdings Co., Ltd., a subsidiary of Hanwha Chemical Corporation incorporated in the Republic of Korea, to acquire all of the outstanding shares of the company not already owned by HSH in a going private transaction for a cash consideration of US$9.00 per American Depositary Share (each ADS representing fifty ordinary shares) or US$0.18 per ordinary share.
There can be no assurance that any definitive offer will be made, that any agreement will be executed or that this or any other transaction will be approved or consummated.
Hanwha Q CELLS does not undertake any obligation to provide any updates with respect to the proposed transaction or any other transaction except as required by applicable law.
Country updates
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June 25, 2018
CGN New Energy Holdings Co will be getting the expected rate of renewable energy certificates, a key condition for the start of EPC works
CGN New Energy Holdings Co will be getting the expected rate of renewable energy certificates, a key condition for the start of EPC works. The start of construction has been confirmed on through REC weighted value of 1.5
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June 01, 2018
Univergy has announced that it is developing the project
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May 14, 2018
Canadian Solar has announced that it has acquired exclusive rights to develop the project
Canadian Solar has announced that it has acquired exclusive rights to develop the project. Construction is scheduled to commence in early 2019
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April 04, 2018
Hyundai Engineering & Construction has awarded EPC contracts for the project worth KRW100 billion (US$94.5 million)
Hyundai Engineering & Construction has awarded EPC contracts for the project worth KRW100 billion (US$94.5 million). Hyundai Heavy Industries Green Energy will supply the photovoltaic (PV) modules and...
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November 21, 2017
The memorandum of understanding (MoU) for the project was signed
