Want Want China Holdings has entered into a depositary receipt programme to transfer up to 250m ordinary shares to a Taiwan depositary.
Go deeper with GlobalData
Wan Want China shareholder Hot-Kid Holdings applied to the Taiwan Stock Exchange to offer the receipts and subsequently transferred them to Norwares Overseas to facilitate the issuance.
The transfer will be made after the grant of approvals from the regulatory authorities in Taiwan.
Want Want China Holdings and Norwares will have due regard to prevailing market conditions when deciding whether and at what time to undertake the listing, the company said in a statement.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalData
