Friday, July 9, 2010
BH Global
Announced that it has submitted an application to the TSE and the Taiwan Central Bank to offer up to 60m new shares for the listing of TDR. This represents an increase in 14% in total number of shares out. However, the Proposed TDR Issue is still subject to approval by the Taiwan Financial Supervisory Commission, Executive Yuan, Securities and Futures Bureau. We understand that application will be made after the grant of approvals by the TSE and the Taiwan Central Bank.
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