Brief: Roo Hsing to issue new shares for equity acquisition

Roo Hsing Co

09/09/2016 09:06

Sept 9 (Reuters) - Roo Hsing  4414.TW : 
     
    * Says it will issue 700 million new shares of its common 
stock with par value of T$10 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, who are eligible to purchase 3,450.1 
shares for every 1,000 shares they hold 
    * Says the proceeds will be used to acquire JD United (BVI) 
Limited and Tooku Holdings Limited 
     
     
    Source text in Chinese: http://goo.gl/5yGLsR 
    Further company coverage: 4414.TW  
 
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