Analyst Research

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Provider: Reuters Investment Profile
Provider: Thomson Reuters Stock Report
Provider: Sadif Analytics Prime
Provider: Sadif Analytics Prime

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Wei Mon Industry Co Ltd to Issue New Shares

Monday, 1 Jul 2013 05:47am EDT 

Wei Mon Industry Co Ltd announced that it will issue 80 million common shares with par value of NTD 10 per share at an undetermined price. 10% (8 million shares) 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, who are eligible to purchase 224.369833 shares for every 1,000 shares they hold. The proceeds will be used for loan repayment and business operation. 

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21 Nov 2014