TWSE Press Release
「TOP BRIGHT HOLDING CO., LTD.」IPO by auction successfully completed today (November 10)
Publish Date︰2017/11/10 15:41
「TOP BRIGHT HOLDING CO., LTD.」conducted its initial public offering (IPO) of common shares by auction and public offer. The company issued 4,139,000 shares by auction and 1,811,000 shares by public offering. A total of 1,287 bids were received with 1,241 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 November 10. All shares were successfully auctioned off. The results are shown below.
Lowest winning bid: TWD 104.00
Highest winning bid: TWD 141.00
Weighted average winning bid: TWD 108.96
According to the Taiwan Securities Association Rules Governing Underwriting and Resale of Securities by Securities Firms, the lowest bid from the competitive auction for 「TOP BRIGHT HOLDING CO., LTD.」 was TWD 80.00, and the public offering price is TWD 96.00. The public subscription period started on November 14 and ended on November 16. The public lottery draw date is November 20.