Sky Solar Holdings Ltd (SKYS)

[StockMonster100]

Artificially pumped on no news? I guess you dont read much?


http://ir.skysolarholdings.com/phoenix.zhtml?c=253697&p=irol-newsArticle&ID=2387708

In a series of letters, Hudson alleged that Events of Default (as defined in the Note Purchase Agreement) under the Note Purchase Agreement had occurred and proposed to resolve the issue with an offer to either (i) purchase of the equity in certain projects of the Company at a purchase price of US$240 million, and (ii) acquire the Company through merger at $2.15 to $2.25 per ADS (the “Proposals”).



$$$BULLISH$$$