(Reporting by Emily Chan; Writing by Faith Hung; Editing by Muralikumar Anantharaman) Cathay Financial plans to raise TWD 49.998bn ($ 1.88 ) through an issue of preferred shares, selling each share for annual ($ 1.88 ), an annual dividend yield of 3.8% , according to two anonymous sources with direct knowledge. Cathay Financial confirmed that it has made an application to TAIPEI regulators for a share sale but declined to elaborate further.
Cathay Financial plans to raise TWD 49.998bn ($ 1.88 ) through an issue of preferred shares, selling each share for annual ($ 1.88 ), an annual dividend yield of 3.8% , according to two anonymous sources with direct knowledge. Cathay Financial confirmed that it has made an application to TAIPEI regulators for a share sale but declined to elaborate further.