Fri, Oct 05, 2012 - Page 14 News List

Cosmos Bank to reduce capital, raise fresh funds

KEEPING ’EM GUESSING:The board of the bank also approved a rights issuance of 100 million shares through private placements, although no firm date was specified

By Kevin Chen  /  Staff reporter

Cosmos shares rose 1.14 percent to NT$7.97 yesterday, outperforming the TAIEX, which fell 0.03 percent. The stock has risen 27.52 percent so far this year, compared with the 8.63 percent increase on the TAIEX.

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