Brief: Yuen Chang Stainless Steel to issue 10 mln new shares

Yuen Chang Stainless Steel

25/06/2018 03:27

June 25(Reuters) - Yuen Chang Stainless Steel Co Ltd
 2069.TW 
    * Says it will issue 10 million new shares of its common
stock
with par value of T$10 per share and tentative issue price at
T$20 per share for bank loan repayment
    * 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

    Source text in Chinese:https://goo.gl/swTvgm
    Further company coverage: 2069.TW 

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