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2885 — Yuanta Financial Holding News Story

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Brief: Yuanta Futures Plans To Sell New Shares, Bonds

BRIEF-Yuanta Futures Plans To Sell New Shares, Bonds 

- Yuanta Futures 6023.TWO:

  • PLANS TO SELL UP TO 80 MILLION NEW SHARES VIA RIGHTS ISSUE TO INCREASE OPERATIONAL FUNDS

  • PRICING FOR THE SHARE SALE HAS YET TO BE DETERMINED

  • ALSO PLANS TO RAISE T$3 BILLION ($95.2 MLN) VIA SALE OF UNSECURED SUBORDINATED BONDS

  • THE 5-YEAR BONDS WOULD BE SOLD AT FIXED YIELD OF 3%

Source text: ID:nMOP1ZmF9J ID:nMOP7mH965

Further company coverage: 6023.TWO


(Reporting by Faith Hung)

((faith.hung@thomsonreuters.com;))

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