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BRIEF-Edimax Technology telecom unit to issue up to 2.1 mln new shares in private placement
November 8, 2017 / 4:48 AM / in 17 days

BRIEF-Edimax Technology telecom unit to issue up to 2.1 mln new shares in private placement

Nov 8 (Reuters) - Edimax Technology Co Ltd :

* Says its telecom subsidiary plans to issue up to 2.1 million new shares of the company in private placement

* Proceeds will be used for working capital supplement and bank loan repayment

Source text in Chinese: goo.gl/tZ2U3p

Further company coverage: (Beijing Headline News)

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