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 Your Account To Access Exclusive FinanceAsia Content!

Please sign in to your subscription to unlock full access to our premium FA resources.

Free Registration & 7-Day Trial
Register now to enjoy a 7-day free trial - no registration fees required. Click the link to get started.

Note: This free trial is a one-time offer.

Questions?
If you have any enquiries or would like a quote for a team or company licence, please contact us at [email protected]. Our subscription team will be happy to assist you.

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