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BRIEF-Chime Ball Technology plans new issuance to fund investment
July 14, 2017 / 9:50 AM / a month ago

BRIEF-Chime Ball Technology plans new issuance to fund investment

July 14 (Reuters) - Chime Ball Technology Co Ltd :

* Says it plans to issue about 6 million new shares of its common stock

* Says tentative issue price will be T$58 per share

* 10 percent of the new shares to be offered to the company's employees

* 10 percent of the new shares to be offered through public offering

* Remaining 80 percent of the new shares to be offered to the existing shareholders

* Proceeds will be used to fund investment

Source text in Chinese: goo.gl/SzHn7Z

Further company coverage: (Beijing Headline News)

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