Line Bank Taiwan Ltd. announced that it will issue 37,500,000 shares at an issue price of TWD 10 per share for gross proceeds of TWD 375,000,000 on May 20, 2022. The transaction will include participation from momo.com Inc. The transaction was approved by the board of directors of the investor.
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- Line Bank Taiwan Ltd. announced that it expects to receive TWD 375 million in funding from momo.com Inc., Taiwan Mobile Co., Ltd.