May 4, 2018 / 7:00 AM / 3 months ago

BRIEF-Formosa Laboratories to issue 6 mln shares

May 4 (Reuters) - Formosa Laboratories Inc

* Says it will issue 6 million shares to raise about T$300 million, to repay loans

* 15 percent of the new shares will be offered to the company’s employees

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

* Remaining 75 percent of the new shares will be offered to the existing shareholders

Source text in Chinese:goo.gl/5vaaox

Further company coverage: (Beijing Headline News)

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