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BRIEF-Glotech Industrial to issue 20 mln shares for working capital supplement and loan repayment
November 7, 2017 / 6:38 AM / 11 days ago

BRIEF-Glotech Industrial to issue 20 mln shares for working capital supplement and loan repayment

Nov 7 (Reuters) - Glotech Industrial Corp :

* Says it plans to issue 20 million new shares with par value of T$10 per share, for T$150 million to T$200 million in total, for working capital supplement and loan repayment

* Says 10 percent of the new shares will be offered to the company’s employees

Source text in Chinese: goo.gl/Pua4mz

Further company coverage: (Beijing Headline News)

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