Hisaka: First announced on 21 Oct 2010. Co has now submitted an application to TSE and Taiwan Central Bank to offer and list TDRs representing 60m shares of which 20m will be new shares. This is subject to approval from both Taiwan and Sg authorities...
Co’s business is in manufacturing mechanical components, precision manufacturing and supply chain mgmt services. Co reports half yearly and recent FY2010 results showed a recovery from 09, with profit up 12 fold yoy at $9.2m. Now trades at current P/E of 8.3x.
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