Heng Ren ‘demands’ Sinovac Biotech distribute $8.9B in cash to shareholders
From Yahoo Finance: 2025-03-21 11:15:00
Heng Ren Partners, LLC demands that Sinovac Biotech distribute $8.9B in cash to shareholders and resume trading of its shares on NASDAQ. The shareholder sent an open letter outlining the actions needed to create liquidity and release cash to investors. Sinovac’s Board of Directors must take decisive steps to meet these demands.
Read more at Yahoo Finance: Heng Ren ‘demands’ Sinovac Biotech distribute $8.9B in cash to shareholders