Reported 7 months ago
In addition to Starlux (2646) announcing its listing, Taiwan Tigerair (6757) is also set to transition from the Innovation Board to the main board. Its parent company, China Airlines (2610), announced plans to sell 37,000 Tigerair shares before the transition, with a minimum price per share of 41 yuan. Tigerair's closing price today was 50.1 yuan, reaching a new high after listing, with the market value of this batch of shares totaling 1.853 billion yuan. The sale will not affect China Airlines' profit, enhancing book value and the ability to distribute dividends in the future.
Source: YAHOO