Ampleon has issued an update to its December 2017 announcement regarding the transfer of shares to a new shareholder, Aurora Optoelectronics Co. Limited (Aurora). Aurora has informed Ampleon that it is currently not in a position to proceed towards its intended goal of acquiring a majority shareholding in Ampleon.
Reinier Beltman, CEO, Ampleon comments, “Our objective to become a listed company is unchanged. Our shareholders led by Jianguang Asset Management Co. Ltd (JAC) will continue to explore options to support this. Let me assure customers and other stakeholders that our business and operations continue as usual”.