Yang Ming announces the completion of the capital injection for its 2nd private placement

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December 10 2017 Print This Article

Yang Ming announces today(8) the completion of the capital injection for its 2nd private placement by placing common stocks 257,753,442 new shares at premium of NTD$10.18 per share from the subscriber *NDFEY. The aggregated amount is NTD2.62 billion. 

With the completion of rights offering and the private placement, the holding ratio of Government-related investors will reach 45.07%.

*NDFEY: National Development Fund, Executive Yuan