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BRIEF-Sync Power to issue new shares for operating funds enrichment
March 20, 2017 / 10:42 AM / 6 months ago

BRIEF-Sync Power to issue new shares for operating funds enrichment

March 20 (Reuters) - Sync Power Corp:

* Says it will issue 2 million new shares of its common stock with par value of T$10 per share and issue price at T$15 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

Source text in Chinese: goo.gl/cPGIkp

Further company coverage: (Beijing Headline News)

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