Cicor Creates New True Reserve Shares


Reading time ( words)

Cicor Technologies Ltd. informs that a capital increase from authorized capital has been executed.

For the capital increase, 340,000 new registered shares with a par value of CHF 10 each were created from the authorized capital according to Art. 5 sexies of the Company's Articles of Association and entered in the daily share register. The listing on the SIX Swiss Exchange AG will take place next week.

The subscription rights of the 340,000 newly created true reserve shares have been withdrawn in view of potential acquisitions. The Cicor Group thus secures the flexibility to use the newly created shares at any time and at short notice to partially finance future acquisitions.

 

Share




Suggested Items

Chemcut’s Robotic Solution

05/24/2022 | I-Connect007 Editorial Team
The I-Connect007 Editorial Staff spoke with Chemcut’s Jerry Reitz, and Atlantic Microtool’s Bruce Siemering and Neil Robinson about recent robotic automation advances, a specific robotic solution from Automata, and the changing factors tipping toward robotic automation in the current market.

I-Connect007 Editor’s Choice: Five Must-Reads for the Week

04/22/2022 | Andy Shaughnessy, I-Connect007
It’s been a busy week in this industry, and we have news and articles from the PCB design, fabrication, and assembly communities. The roller coaster ride continues, with whiplash-inducing news from IPC about March North American shipment—they’re up from February but down from the same period a year ago.

Catching up with EISO Enterprises’ President Gary Chien

04/19/2022 | Dan Beaulieu, D.B. Management Group
While there are many Chinese companies now selling in the United States, I wanted to find one in Taiwan that is penetrating the U.S. market. I was delighted to come across EISO Enterprise Co. Ltd., a printed circuit board fabricator located in Taiwan. I know that the American companies are usually looking for PCB global partners in countries other than China, which made my conversation with Gary (Jung Kun) Chien all the more interesting, especially when he shared his thoughts on the U.S-China trade wars.



Copyright © 2022 I-Connect007. All rights reserved.