Reported 7 months ago
StarLux Airlines, through capital increase and profitability, will be listed with a diverse IPO approach, marking the first instance of a diversified IPO on the Taiwan Stock Exchange. Following this, Tigerair Taiwan is set to transition to the main board in the fourth quarter of this year, potentially leading to all four major national airlines in Taiwan being publicly listed before the year ends. The move towards diversified IPOs by the Stock Exchange aims to assist financially struggling large enterprises in accessing funding channels without the strict profit requirements, but with certain criteria including a market value of over 5 billion NTD, annual revenue exceeding 5 billion NTD, and positive cash flow from operating activities over the past year.
Source: YAHOO