Starlux Airlines | Share issue | 12-23 | TWD8.5bn | Transaction

Territory of Taiwan-based Starlux Airlines is expected to raise up to NT$8.5 billion ($272 million) via a new common share issuance.

Par value of the common shares is NT$10 per share. Starlux Airlines will issue up to 450 million shares.

Issuing price will be disclosed later, according to Starlux, noting that the new issuance will top up operational capital and improve the company's financial structure.

Starlux Airlines | Share issue | 12-23 | TWD8.5bn

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Starlux Airlines | Share issue | 12-23 | TWD8.5bn

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