Independent journal on economy and transport policy
05:02 GMT+1
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the quota the government of Taipei in Yang Ming will go up to 36.62%
Previewed successively an ulterior increase of the public participation
February 20, 2017
the company of taiwanese navigation Yang Ming has confirmed the next increment of the quota stopped from the State in the business share capital, participation that takes part of a governmental plan recently adopted in support of the field of the shipping with financings for a total of 1,9 billion dollars the USA(of 23 January 2017).
the plan of introduced reorganization financial some days before from the shipowning company previews a collection of approximately 1,69 billion dollars of Taiwan (54,4 million dollars) through the new offer 161,33 million sets in action to the unit price of 10,48 dollars of Taiwan turned to six between institutions financial institutions and society, that is the National Development Fund (NDF) instituted from the government of Taipei let alone Taiwan Navigation Co., Taiwan Chinachem, Global T3ex Holdings, Mercuries Life Insurance and Superstar Investment.
Yang Ming has specified that bottom NDF will be one of the greater underwriters of the emitted initial quota within this private placement and that, to conclusion of the operation, will stop a quota pairs to 6.39% of the capital of the navigation company. Yang Ming has specified that an ulterior participation of bottom NDF in successive the tranche of emission is previewed and that, to conclusion of this first tranche, the quota capital of the Yang Ming that will be under responsibility of the government, included the participation in the company already in possession of the Ministry of Transportation and of the Communications, he will go up to 36.62%.
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the company of taiwanese navigation Yang Ming has confirmed the next increment of the quota stopped from the State in the business share capital, participation that takes part of a governmental plan recently adopted in support of the field of the shipping with financings for a total of 1,9 billion dollars the USA
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
