March 9, 2017 / 12:06 PM / 5 months ago

BRIEF-Sunrise International Development to issue new shares for operating funds enrichment

1 Min Read

March 9 (Reuters) - Sunrise International Development Co Ltd :

* Says it will issue 28 million new shares of its common stock with par value of T$10 per share and issue price at T$11 per share for operating funds enrichment

* Says 10 percent of the new shares to be offered to the company's employees, remaining 90 percent to be offered to the existing shareholders, who are eligible to purchase 551.18 shares for every 1,000 shares they hold

Source text in Chinese: goo.gl/SNVslD

Further company coverage: (Beijing Headline News)

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