December 22, 2017 / 4:25 AM / a month ago

BRIEF-LCY Technology to issue 13.1 mln shares with tentative issue price at T$26 per share

Dec 22(Reuters) - LCY Technology Corp

* Says it plans to issue 13.1 million shares with par value of T$10 per share and tentative issue price at T$26 per share

* 1.3 million of the new shares to be offered to the company’s employees and 11.8 million of the new shares to be offered through public offering

* Proceeds will be used to replenish working capital

Source text in Chinese: goo.gl/G18TTY

Further company coverage: (Beijing Headline News)

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