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BRIEF-Apex International plans new issuance for loan repayment
May 10, 2017 / 10:19 AM / 5 months ago

BRIEF-Apex International plans new issuance for loan repayment

May 10 (Reuters) - Apex International Co Ltd :

* Says it plans to issue about 18 million new shares of its common stock

* Says new shares with par value of T$10 per share and (tentative) issue price at T$22.5 per share

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

* Remaining 90 percent to be offered to the existing shareholders

* Proceeds will be used to repay loan

Source text in Chinese: goo.gl/OcUKzq

Further company coverage: (Beijing Headline News)

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