Brief: Hota Industrial Mfg. to issue new shares for bank loan repayment

Hota Industrial Mfg.

14/12/2016 10:15

Dec 14 (Reuters) - Hota Industrial Mfg.  1536.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$100 
per share for bank loan repayment 
    * 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 
     
     
    Source text in Chinese: https://goo.gl/QkraXg 
    Further company coverage: 1536.TW  
 
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