Taiwan Cement utilizes new rule to sell out of Far EastTone

A record $213 million block trade and a $41 million GDR issue give Taiwan Cement a profitable exit.

Under new rules issued by the Taiwanese stock exchange at the beginning of April, Taiwan Cement Corp carried out the biggest block trade sale in Taiwanese history earlier this week, as well as a successful GDR (global depositary receipt) issue.

Sign in to read on!

Registered users get 2 free articles in 30 days.

Subscribers have full unlimited access to FinanceAsia.

Not signed up? New users get 2 free articles per month, plus a 7-day unlimited free trial.

Questions?
See here for more information on licences and prices, or contact [email protected].

Share our publication on social media
Share our publication on social media