Friday, November 19, 2010

Financial One

Financial One: Taiwanese Co. Financial One Corporation may delist soon, after a poor reception by investors here since its listing three years ago. Financial One said a trading suspension that has been in place since Tuesday will remain, so as to avoid any speculation in its shares….

Grp may list its wholly owned subsidiary Chailease Holding on the Taiwan Stock Exchange.

Financial One, which focuses on lending to small and medium enterprises in Taiwan - has been ignored by investors, going by its share price. Since listing, shares have mostly traded below the offer price of $1.15, with the stock last traded at $0.42.

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