May 3, 2017 / 3:58 AM / 4 months ago

BRIEF-United Orthopedic plans 8 mln shares new issuance

May 3 (Reuters) - United Orthopedic Corp :

* Says it plans to issue 8 million shares of its common stock with par value of T$10 per share

* Says 15 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

* Proceeds to be used for loan repayment and working capital enrichment

Source text in Chinese: goo.gl/8C6mZR

Further company coverage: (Beijing Headline News)

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