China Taisan: TDR to commence listing tomorrow, 6 Oct. Recall TDR issue price fixed at NT$12.15 (S$0.255/sh, based on 1 TDR = 2 shares), at higher end of indicative price range of NT$10-12.5.
If the TDR performs well, that could be a catalyst for Taisan’s Singapore listing. Stock now at $0.23, at the higher end of trading range. Possible breakout play if stock able to close above historical high of $0.265.
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