Brief: Tex Year Industries to issue new shares to invest in China Mainland and build plants

Tex Year Industries

15/08/2016 11:18

Aug 15 (Reuters) - Tex Year Industries  4720.TW : 
     
    * Says it will issue 7.5 million new shares of its common 
stock with par value of T$10 per share and issue price at T$13.6 
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 
    * Says the proceeds will be used to invest in China Mainland 
and build plants 
     
     
    Source text in Chinese: http://goo.gl/8j7uL8 
    Further company coverage: 4720.TW  
 
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