Brief: Taiwan's World GYM Says To Sell 12.5 Million Shares In Initial Public Offering

Bonny Worldwide

29/12/2023 06:22

Dec 29 (Reuters) - Taiwan's World Gym  2762.TW :
    * SAYS TO SELL 12.5 MILLION SHARES IN INITIAL PUBLIC
OFFERING
    * SAYS 10% OF THE SHARES WOULD BE SOLD TO EMPLOYEES, WHILE
ORIGINAL SHAREHOLDERS HAVE RELINQUISHED RIGHTS TO PURCHASE
REMAINDER OF SHARES FROM IPO
    * TENTATIVELY SETS IPO PRICE AT T$132 PER SHARE VERSUS PAR
VALUE
OF T$10


Further company coverage:  2762.TW 

 (Reporting by Faith Hung)
 ((faith.hung@thomsonreuters.com;))