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Taishin Financial Holding Co Ltd to issue new shares

Tuesday, 31 Dec 2013 12:38am EST 

Taishin Financial Holding Co Ltd:Says to issue up to 500,000,000 new shares with par value of T$10 per share at T$12 per shares.Says 10 pct of the new shares will be offered to the company's employees and another 10 pct will be in public offering, and the remaining 80 pct will be offered to the company's existing shareholders.Says the proceeds to be used to improve financial structure. 

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