TWSE Press Release
Regal Holding Co., Ltd. IPO by auction successfully completed today (June 12)
Publish Date︰2017/06/12 14:34
Regal Holding Co., Ltd. conducted its initial public offering (IPO) of common shares by auction and public offer. The company issued 3,053,000 shares by auction and 763,000 shares by public offering. A total of 853 bids were received with 812 bids being eligible. The winning bids were decided by American auction format. A public bid opening by computer was completed at TWSE at 10 a.m. on June 12. All shares were successfully auctioned off. The results are shown below.
Lowest winning bid: TWD 68.80
Highest winning bid: TWD 86.85
Weighted average winning bid: TWD 71.74
According to the Taiwan Securities Association Rules Governing Underwriting and Resale of Securities by Securities Firms, the lowest bid from the competitive auction for Regal Holding Co., Ltd. was TWD 60.00, and the public offering price is TWD 66.00. The public subscription period started on June 14 and ended on June 16. The public lottery draw date is June 20.