Yageo sell down breaks lull in Taiwan equities

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By John Loh
12 Jul 2018

A NT$11.7bn ($382m) accelerated bookbuild in shares of Yageo lit up Taiwan’s equity capital market this week. Sole bookrunner BNP Paribas surprised rival bankers by winning the mandate, especially given how rare large and liquid Taiwanese fundraisings have been this year. John Loh reports.

The sell-down in Yageo, a company that manufactures resistors and equipment used in electronics products, was launched on Tuesday evening after the close of trading, into a market roiled by continued jitters over a US-China trade war. Apart from a share sale in Korea Aerospace Industries that fetched ...

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