Taisun Int’l shares debut on TSE

WET MARKET:Chairman Tai Chao-rong said the firm aims to become the largest diaper brand in Southeast Asia, where the baby diaper market is still in its infancy

Taiwan Times
Date: Jan 18, 2017
By: Kuo Chia-erh / Staff reporter

Taisun Int’l (Holding) Corp (泰昇), which makes baby diapers, sanitary pads and adult incontinence products, yesterday closed up 1.4 percent after making its debut on the Taiwan Stock Exchange, following a gain of 9.35 percent earlier in the day.

The stock had surged to NT$117 during early trading, from the company’s initial public offering price of NT$107, but closed at NT$108.5.

The company, headquartered in Ho Chi Minh City, Vietnam, raised NT$472.5 million (US$14.95 million) in new capital through the issuance of 4.8 million new shares.

“We plan to continue expanding sales channels in Southeast Asia and hope to become the largest diaper brand in the region,” president and chairman Tai Chao-rong (戴朝榮) said at the listing ceremony in Taipei.    [FULL  STORY]

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