TongFu Microelectronics stock faces a big Monday vote on a 4.4 bln yuan share sale
TongFu Microelectronics Co., Ltd.’s yuan-denominated Class A shares are in focus before Monday’s open, with shareholders due to vote later in the day on a package of proposals tied to a planned private placement of new stock. The company said the extraordinary meeting is scheduled for 2:30 p.m. local time in Nantong, Jiangsu province.
