PROJECT

Projects

Summary of Investment Information

Project Number

34330

Company Name

HOLLYSYS AUTOMATION TECHNOLOGIES, LTD.

Date SPI Disclosed

Jun 23, 2014

Country

China

Region

East Asia and the Pacific

Projected Board Date

Jun 12, 2014

Environmental Category

B - Limited

Status

Completed

Last Updated Date

Jun 12, 2021

Department

Regional Industry - MAS Asia & Pac

Industry

Manufacturing

Previous Events

Approved : May 20, 2014
Signed : May 30, 2014
Invested : Aug 29, 2014

Sector

Computer & Electronic Products(Computers & Peripherals, Communications Equip., Elec. Watches & Similar Elec. Products. Integrated Circuits & the application of Miniturization Technologies characterize this sector.)

Project Description

IFC is considering to invest up to US$20 million convertible loan (“C Loan”) in Hollysys Automation Technologies Limited (“Hollysys” or the “Company”). The proceeds will be used to strengthen the Company’s capital structure.

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation