Central News Agency, Taipei, May 25. The Taiwan Stock Exchange announced today that Yongguan-KY will have its listed securities suspended from trading starting May 27. This action is taken because the company failed to repay the 4th unsecured convertible bonds as requested by creditors by the due date, and has not settled the debt or reached a settlement agreement with creditors after three months. Prior to this, Yongguan's listed securities had already been subject to changes in trading methods, including the adoption of split-session collective bidding and previous suspensions of trading on the centralized securities market.
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- Source: CNA (Central News Agency)
- Category: finance