Brief: Wisdom Marine Lines to issue new shares to build new ships

Wisdom Marine Lines

29/07/2016 11:19

July 29 (Reuters) - Wisdom Marine Lines  2637.TW : 
     
    * Says it will issue 40 million new shares of its common 
stock with par value of T$10 per share and issue price at T$29 
per share 
    * Says 10 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 80 percent to be offered to 
the existing shareholders 
    * Says the proceeds will be used to build new ships 
     
     
    Source text in Chinese: http://985.so/7gut 
    Further company coverage: 2637.TW  
 
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