ShenZhen RoadRover Technology Nixes Acquisition of Machinery Components Company

MT Newswires Live
2024-09-17

ShenZhen RoadRover Technology (SHE:002813) terminated the issue of shares related to the purchase of a 99.532% stake in Hunan Zoomlion Intelligent Aerial Work Machinery.

The automobile parts manufacturer also terminated its plan to raise funds via a share issue to support the above transaction, according to a Sept. 14 filing with the Shenzhen bourse.

Hunan Zoomlion Intelligent Aerial Work Machinery is a subsidiary of Zoomlion Heavy Industry Science and Technology (SHE:000157, HKG:1157).

Price (HKD): $24.70, Change: $-0.31, Percent Change: -1.24%

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