Aslan Pharma to Start Taipei Exchange IPO with Three-Day Auction

Singapore's Aslan Pharma released the schedule for its upcoming Taipei Exchange IPO. The company plans to raise at least $27.5 million in two stages: it will first conduct a three-day auction of 10.4 million shares, starting Wednesday May 10, and then publicly offer an additional 2.6 million shares for public subscription, starting May 18. The minimum price will be $2.11 per share (all prices are in US dollars). Aslan will begin trading on the Taipei exchange in June. Previously, Aslan has said it would offer 10% of its total outstanding shares in the IPO. More details.... Stock Symbol: (TT: 6497) Share this with colleagues: // //