Daido plans Swiss issue

PUBLISHED : Saturday, 27 November, 1993, 12:00am
UPDATED : Saturday, 27 November, 1993, 12:00am

DAIDO Concrete is to issue up to 17 million Swiss francs (about HK$87.6 million) of bearer notes, convertible into shares from January 4, to Swiss investors.


The manufacturer and seller of concrete piles yesterday said it had agreed on the note issue in principle with Nomura Bank (Switzerland), which would be the underwriter.


 

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