Shareholders ask China's Hollysys to set special meeting amid takeover frustration

Shareholders ask China's Hollysys to set special meeting amid takeover frustration

FILE PHOTO: The Chinese national flag is seen in Beijing, China April 29, 2020. REUTERS/Thomas Peter/File Photo

Shareholders in China’s Hollysys Automation Technologies owning a total 32.2% of the automation control system maker’s shares asked the board of directors to set a special shareholder meeting, according to a letter seen by Reuters.