Formosa Resources Corporation announced that it will issue 80,000,000 common shares at a price of TWD 10 per share for gross proceeds of TWD 800,000,000 on August 3, 2023. The transaction included participation from returning investor Formosa Chemicals & Fibre Corporation. The transaction has been approved by shareholders of the company.
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- News Formosa Chemicals & Fibre Corporation
- Formosa Resources Corporation announced that it expects to receive TWD 800 million in funding from Formosa Chemicals & Fibre Corporation