Brief: Bank of Kaohsiung to issue 180 mln new shares

Bank of Kaohsiung

13/10/2016 10:52

Oct 13 (Reuters) - Bank of Kaohsiung  2836.TW : 
     
    * Says it will issue 180 million new shares of its common 
stock with par value of T$10 per share 
    * Says 10 percent of the new shares to be offered to the 
company's employees, 10 percent of the new shares to be offered 
through public offering, remaining 80 percent to be offered to 
the existing shareholders 
    * Says the proceeds will be used to improve capital adequacy 
ratio 
     
     
    Source text in Chinese: https://goo.gl/e2PqOD 
    Further company coverage: 2836.TW  
 
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