Brief: China Container Terminal to issue new shares to repay bank loan

China Container Terminal

11/08/2016 08:55

Aug 11 (Reuters) - China Container Terminal  2613.TW : 
     
    * Says it will issue 20 million new shares of its common 
stock with par value of T$10 per share and issue price at T$11 
per share 
    * Says 15 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 75 percent to be offered to 
the existing shareholders 
    * Says the proceeds will be used to repay bank loan 
     
     
    Source text in Chinese: http://985.so/AVtf 
    Further company coverage: 2613.TW  
 
 (Beijing Headline News) 
 ((Beijing.HeadlineNews@thomsonreuters.com;)(+86 010 
62674724;)(Reuters 
Messaging:)(shuai.liu.reuters.com@reuters.net))