March 23, 2018 / 2:42 AM / 4 months ago

BRIEF-Uniflex Technology to issue up to 30 mln shares

March 23 (Reuters) - Uniflex Technology Inc

* Says it will issue up to 30 million shares, to repay loans and replenish working capital

* Says 10 percent to 15 percent of the new shares will be offered to the company’s employees

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

* Remaining 75 percent to 80 percent of the new shares will be offered to the existing shareholders

Source text in Chinese:goo.gl/LAZfT8

Further company coverage: (Beijing Headline News)

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