Guangdong Rising Holdings Group to sell 21.32% stake in NATIONSTAR to FSL
2021-06-22 18:12:26 [Print]
FSL announced that, out of strategic planning on LED upstream and downstream integrated development so as to put industrial synergistic effects into full play, FSL's controlling shareholder Guangdong Rising Holdings Group and its persons acting in concert plan to sell their 21
. 32% stake in NATIONSTAR to FSL . This deal is expected to constitute a major asset restructuring case; meanwhile, it will also constitute a related deal but will not lead to any changes in the company's controlling right.