KUALA LUMPUR: Multi Sports Holdings Ltd plans to sponsor a Taiwan depository receipt programme (TDR) that would represent up to 67.50 million new shares of 5 US cents each or 15% of the current paid-up share capital.
It said on Monday, March 7 it would issue up to 67.50 million new shares at an issue price to be determined later, which would be the underlying shares for the programme.
'The TDR will be offered to investors in Taiwan,' it said. The ratio would be two TDR for every one underlying share.
The issue size is up to 135 million units of TDRs represented by up to 67.5 million underlying shares.
It said on Monday, March 7 it would issue up to 67.50 million new shares at an issue price to be determined later, which would be the underlying shares for the programme.
'The TDR will be offered to investors in Taiwan,' it said. The ratio would be two TDR for every one underlying share.
The issue size is up to 135 million units of TDRs represented by up to 67.5 million underlying shares.
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