TransAsia Airways Corp (6702.TW)
1 Dec 2016
TAIPEI, Nov 23 Taiwan stocks hit a two-week high on Wednesday, tracking overseas markets, while shares in troubled TransAsia Airways Corp fell limit down after the carrier said it was shutting operations. As of 0150 GMT, the main TAIEX index was up 0.4 percent at 9,171.14. The index closed up just over 1 percent in the previous session. Trading for TransAsia was suspended on Tuesday as the company's board decided on "winding down" operations and suspending all flights, after
* All scheduled flights suspended (Adds debt and cashflow data, fund manager comment)
TAIPEI, Nov 21 Taiwan's third-largest airline, TransAsia Airways Corp., has applied to suspend flights on Tuesday, while the stock exchange has halted trading in its shares pending an announcement from the company.
TAIPEI, Nov 22 Taiwan's TransAsia Airways Corp , a struggling airline with a poor safety record, said on Tuesday its board had approved a move to wind down the company and that all flights would be suspended.
TAIPEI, Nov 22 Taiwan stocks rose on Tuesday tracking gains in overseas markets with airline stocks largely shrugging off the unexpected suspension of services by Taiwanese airline TransAsia Airways Corp. As of 0210 GMT, the main TAIEX index was up 1.1 percent at 9,137.26, after closing up 0.4 percent in the previous session. The electronics subindex rose 1.3 percent, while the financials subindex gained 0.3 percent. The transportation index was mostly flat as shares i