FINWIRES · TerminalLIVE
FINWIRES

Techman Robot Acquires Bonds to Improve Capital Utilization Efficiency

By

Techman Robot (TPE:4585) acquired Cathay Life 2024-2's unsecured subordinated bonds and Cathay Life 2026-1 unsecured subordinated bonds for $303,000 and NT$200 million, respectively.

The purchases were made between July 7 and Aug. 18 at average prices of $101 and NT$1 million per unit, according to a Tuesday Taiwan Exchange filing.

The acquisitions are aimed at improving capital utilization efficiency, it said.

Related Articles