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VIA to issue 170 million stocks
VIA Technologies hopes to raise NT$3.57 billion (US$108.84 million) through issuing 170 million stocks with each valued at NT$21, according to a company filing with the Taiwan Stock Exchange (TSE).
The company will keep 17 million stocks for subscription by employees and another 17 million for public subscription. The remaining 136 million stocks will be offered to current shareholders based on their current stake. Unclaimed stocks designated for employees and existing shareholders may be reassigned at the discretion of the company chairman.
Posted by | Wed, Jul 01, 2009 - 09:43 AM
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