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23 October 2018 The on-line newspaper devoted to the world of transports 00:28 GMT+2

November 27, 2017

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Original news
Yang Ming, carried to term the capital increase

The quota vital prisoner from the government of Taipei is gone up to 38.23%

The shipowning society taiwanese Yang Ming has carried to term the increase of capital put into effect with the emission of 500 million new actions of the unit price of 12 dollars of Taiwan, for a total of six billions of dollars of Taiwan (USA 200 million dollars).

Remembering to have under way last September the offer turned to the current shareholders of the company and to the public, included insurance companies and society of transport and handling of the container, Yang Ming has evidenced that the remarkable answer to the offer demonstrates that the private companies are optimistic about the future of the market.

Moreover Yang Ming has specified that to conclusion of the offer the quota capital of the company that is under responsibility of the government of Taipei through the Communication and Ministry of Transportation (MOTC), the National Development Fund, Executive Yuan (NDFEY) and Taiwan International Ports Corporation (TIPC) is gone up to 38.23% (on 31 December was pairs to 33.31%).

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