BioCentury
ARTICLE | Financial News

TWi up in trading debut in Taiwan

December 4, 2013 1:17 AM UTC

TWi Pharmaceuticals Holding Inc. (GreTai:4180) was up NT$82 to NT$330 in its first day of trading on Tuesday on the GreTai Securities Market. The company, which could not be reached for details, had said when it applied for the listing in July that it planned to raise $60-$80 million in the offering. KGI Securities was underwriter (see BioCentury Extra, July 3).

To obtain a formal listing on the GreTai exchange, domestic companies must first trade as an emerging stock for at least six months and meet other requirements. TWi began the process to list on GreTai last year. ...