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2027 Ta Chen Stainless Pipe Co News Story

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Brief: TA CHEN STAINLESS PIPE plans new issuance for loan repayment

Sept 7 (Reuters) - TA CHEN STAINLESS PIPE Co Ltd  2027.TW  : 
     
    *  Says it plans to issue about 90 million new shares of its 
common stock 
    * Says new shares with par value of T$10 per share and 
(tentative) issue price at T$17 per share 
    * Proceeds will be used to repay loan  
     
    Source text in Chinese: https://goo.gl/y18XLB 
    Further company coverage: 2027.TW  
 
 (Beijing Headline News) 
 ((Beijing.HeadlineNews@thomsonreuters.com; +86 62674724; 
Reuters Messaging: Cheng.Li@thomsonreuters.com@reuters.net))

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