2908 Tuli Announces Board Approval of Share Disposal Price and Subscription Benchmark Date for Subsidiary Zhongxin Industrial
AI Summary (NQ-processed)
Tuli Co., Ltd. announced that its board of directors has approved the share disposal price and subscription benchmark date for its subsidiary Zhongxin Industrial Co., Ltd., advancing its listing plans and enhancing shareholding dispersion.
AI Analysis
Frequently Asked Questions
Q: What does Tuli Company do?
A: Tuli is a Taiwanese trading and retail company specializing in home and lifestyle products.
Q: Which exchange is Zhongxin Industrial targeting for listing?
A: Zhongxin aims to list on Taiwan’s TPEx or TSE.
Q: How can shareholders subscribe?
A: Shareholders can subscribe proportionally based on holdings as of the transfer suspension date.
Q: How was the subscription price determined?
A: The price is no less than net asset value per share, verified by an independent CPA.
Q: Who buys unsubscribed shares?
A: Unsubscribed shares will be allocated to designated investors approved by the board.