October 7, 2016 / 7:16 AM / 10 months ago

BRIEF-Integrated Service Technology to issue new shares

Oct 7 (Reuters) - Integrated Service Technology Inc :

* Says it to issue 10 million new shares of its common stock

* New shares with par value of T$10 per share and issue price to be decided

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

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

* Remaining 80 pct to be offered to the existing shareholders

* Proceeds to be used to repay loan

Source text in Chinese: goo.gl/YB4a88

Further company Coverage: (Beijing Headline News)

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