Analyst Research

Report Title Price
Provider: Thomson Reuters Stock Report
Provider: Reuters Investment Profile
Provider: MasterLink Securities Corporation
Provider: MasterLink Securities Corporation

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Cathay Financial Holding Co Ltd Updates Share Issuance Plan

Friday, 12 Jul 2013 03:35am EDT 

Cathay Financial Holding Co Ltd announced that it has priced its 353,000,000 new common shares with par value of NTD10 per share at NTD 36 per share, to raise NTD 12,708,000,000. 10% of the new shares will be offered to the Company's employees and another 10% will be in public offering. The remaining 80% will be offered to the Company's existing shareholders. The proceeds from the share issuance will be used to provide additional capital into subsidiaries, improving on capital adequacy and working capital.