Tat Hong pushes through with spin-off listing of tower crane business
It will be listed on the Taiwan Stock Exchange.
Tat Hong revealed that it aims to have its tower crane business listed on the Taiwan Stock Exchange.
The proposed listing is still subject to approval from the Taiwan Financial Supervisory Commission and the Taiwan Securities and Futures Commission,
Tat Hong said that the proposed listing will provide access to additional source of funding for the capital-intensive Tower Crane Rental business in China as well as increase the overall financial capacity and flexibility of the group.