Brief: Pal Wonn Taiwan to issue 27 mln private placement new shares

Abonmax Co

11/05/2016 10:44

May 11 (Reuters) - Pal Wonn Taiwan  2429.TW : 
     
    * Says it to issue up to 27 million new shares through 
private placement 
    * Says the proceeds to be used to enrich operating funds and 
repay bank loan 
     
     
    Source text in Chinese: http://985.so/yMrx   
    Further company coverage: 2429.TW  
 
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Keywords: PAL WONN TAIWAN/BRIEF