Sky Solar Holdings (NASDAQ: SKYS) announced that its Special Committee recommends shareholders consider an unsolicited tender offer made by the Offeror Group on July 6, 2020. The Special Committee is set to review the Offer and will provide a recommendation within 10 business days. The announcement follows the withdrawal of a previous proposal from certain investors. Sky Solar, an independent power producer, owns and operates solar parks globally, with 115.1 MW of capacity as of December 31, 2019.
Sky Solar Holdings, Ltd. (NASDAQ: SKYS) filed its annual report on Form 20-F for the fiscal year ended December 31, 2019, with the SEC on May 19, 2020. The report includes audited consolidated financial statements and is accessible via the Company’s website. Sky Solar operates solar parks globally, generating revenue by selling electricity. As of December 31, 2019, it owned 115.1 MW of solar parks, with a focus on areas offering favorable solar conditions and regulatory environments. Shareholders can request a free hard copy of the annual report.