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Ruentex Development Co., Ltd. to Issue New Shares


Thursday, 6 Jun 2013 07:25am EDT 

Ruentex Development Co., Ltd. announced that it will issue NTD 1,500,000,000 in total or 150,000,000 new shares with par value of NTD 10 per share.10% (15,000,000 shares) of the new shares will be offered to the Company's employees, and another 10% (15,000,000 shares) will be in public offering. The remaining 80% (120,000,000 shares) will be offered to the Company's existing shareholders of record on July 10, 2013. The proceeds will be used to repay bank loans. 

Company Quote

46.8
0.05 +0.11%
12:30am EST