TWSE Press Release
「Air Asia Company Ltd」successfully completed its Share Underwriting Process through an Auction Process Today (February 2)
Publish Date︰2018/02/02 15:11
「Air Asia Company Ltd」 initial listing of shares common stock underwriting was executed through auction and public subscription. 9,778,000 shares were auctioned while 2,544,000 shares were offered through public subscription. A total of 2,233 bids were made with 2,139 bids being qualified. The American auction format was used to determine bid prices. At 10 a.m. on February 2, the Taiwan Stock Exchange Corporation (TWSE) successfully completed the electronic auction process in an open fashion, resulting in all shares being auctioned.
Lowest winning bid: TWD 30.41
Highest winning bid: TWD 36.10
Weighted average winning bid: TWD 31.43
According to the Taiwan Securities Association Rules Governing Underwriting and Resale of Securities by Securities Firms, the lowest bid for 「Air Asia Company Ltd」 share was at TWD 20.00, and the public subscription price of the stock is set at TWD 22.00, Public subscription applications will be accepted from February 6 to February 8, and a public lottery will be held on February 12.