Amway forms distributor

PUBLISHED : Friday, 17 December, 1993, 12:00am
UPDATED : Friday, 17 December, 1993, 12:00am

AMWAY International's Hong Kong branch has announced the offering on the New York Stock Exchange of 7.9 million shares at US$18 per share of Amway Asia Pacific, a newly created Bermuda-domiciled company based in the territory.

The company will be the exclusive distribution vehicle for Amway Corp in Hong Kong, Australia, New Zealand, Malaysia, Thailand, Taiwan and Macau.