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TPE:8442

2 stories mentioning TPE:8442Updated 12d ago

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Asia

WW to Establish New $20 Million Investment Subsidiary; Shares Up 4%

WW (TPE:8442) will establish a new unit, dubbed WW Investment, with proposed capitalization of $20 million, according to a Thursday Taiwan Exchange filing.The capital will be injected in installments based on the subsidiary's operational needs, the filing said.WW said the new subsidiary will be used for equity investment, fund allocation, and resource coordination, while the funding will come from the company's own funds and financial institutions.Shares of the investment company rose 4% in recent trade.

TPE:8442
Asia

WW Holdings Unit Injects $2 Million Into Cambodian Stepdown Subsidiary

WW Holdings' (TPE:8442) subsidiary, Global Worth Investment, will increase the capital of its unit, TWT Leather (Cambodia), by $2 million, bringing its total investment to $5 million, according to a Wednesday Taiwan bourse filing.The investment will be made in phases and funded through the company's funds and financial institutions.The capital increase is aimed at strengthening the unit's operating scale and expanding its production base.

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