Harbin Electric, Inc (Nasdaq:HRBN) announced that Institutional Shareholder Services ("ISS") has recommended that Harbin Electric shareholders vote "FOR" the approval of the Company's Agreement and Plan of Merger dated as of June 19, 2011, as amended (the "Merger Agreement") with Tech Full Electric Company Limited ("Tech Full Electric") and Tech Full Electric Acquisition, Inc. ISS is the leading independent proxy voting and corporate governance advisory firm and its recommendations are relied upon by thousands of major institutional investment firms, mutual funds and other fiduciaries throughout the country.
Harbin Electric, Inc., through its subsidiaries, engages in the design, development, manufacture, supply, and service of electric motors in the People's Republic of China and internationally.
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(HRBN, GBLHF, BOOM, TRNX) Noticeable Stock by DrStockPick.com
October 17th, 2011 at 03:11 pm