Unassociated Document
UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
WASHINGTON,
D.C. 20549
FORM
6-K
REPORT
OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16
UNDER
THE SECURITIES EXCHANGE ACT OF 1934
For the
Month of December, 2009
Commission
File Number: 001-33602
|
HOLLYSYS
AUTOMATION TECHNOLOGIES, LTD.
|
|
(Exact
name of registrant as specified in its charter)
|
|
|
|
|
|
10
Jiancaicheng Middle Road
|
|
Xisanqi,
Haidian District
|
|
Beijing,
People's Republic of China, 100096
|
|
(Address
of principal executive offices)
|
Indicate
by check mark whether the registrant files or will file annual reports under
cover Form 20-F or Form 40-F. Form 20-F Q Form 40-F
£
Indicate
by check mark if the registrant is submitting the Form 6-K in paper as permitted
by Regulation ST Rule 101(b)(1): Not Applicable
Indicate
by check mark if the registrant is submitting the Form 6-K in paper as permitted
by Regulation ST Rule 101(b)(7): Not Applicable
Indicate
by check mark whether the registrant by furnishing the information contained in
this Form is also thereby furnishing the information to the Commission pursuant
to Rule 12g3-2(b) under the Securities Exchange Act of 1934. Yes £
No Q
If “Yes”
marked, indicate below the file number assigned to the registrant in connection
with Rule 12g3-2(b): 82 - ______.
Hollysys
Automation Technologies to Buy Out the Minority Interests in Beijing Hollysys
and Enter Strategic Cooperation Agreement with Rilin Group
On Dec
29, 2009, Hollysys Automation Technologies announced that it has reached an
agreement to buy out the minority interests in Beijing Hollysys Co., Ltd. from
Rilin Group (Rilin), a Chinese private conglomerate. The transaction is valued
at the approximate range of USD 59 million - 61 million, with share
consideration of 4,413,948 and cash consideration of RMB
67,634,366.
The
Company's press release regarding the foregoing matters is attached hereto as
Exhibit 99.1.
Exhibits
|
Exhibit
|
Description
|
|
|
|
|
99.1
|
Press Release, dated December 29,
2009.
|
SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the Registrant has
duly caused this report to be signed on its behalf by the undersigned hereunto
duly authorized.
HLS
SYSTEMS INTERNATIONAL, LTD.
By:/s/ Changli
Wang
Changli
Wang
President
and Chief Executive Officer
Date: Dec
29, 2009
EXHIBIT
INDEX
|
Exhibit
|
Description
|
|
|
|
|
99.1
|
Press Release, dated December 29,
2009.
|