Dahon Goes Public on the Taiwan Stock Market
TAIPEI, Taiwan – To facilitate its growth Dahon re-enters Taiwan with a new company called Dahon TW LLP and goes public on the Taiwan Stock Exchange. The new company will be led by Cathy Chen who has been appointed as Vice General Manager.
Dahon TW LLP is to be established as a new subsidiary for research and development, purchasing and distribution. “Our flotation on the Taiwan Stock Exchange shows the company continuing growth,” says Dr. David Hon, CEO, founder of Dahon. “The benefits deriving from issuing stock will open up further options. It will also give us a greater visibility amongst both the public and with investors, resulting in greater credibility and a better public image.”
The transition from private to public company will be managed by KGI Securities, a company with a firm footing in Taiwan’s financial markets. With an impressive portfolio of clients, KGI also have experience with international markets, bringing global investment opportunities to their local clients.
The establishment of the new company and flotation on the Taiwan stock market are important steps for Dahon, as Taiwan has been an important area for the company in the past. In 1996 Dahon was used as a poster company for Taiwan to help promote foreign trade and the country’s businesses to foreign investors, which was an integral part of the company’s formative years.
Taiwan is also where Dahon has won numerous awards for their innovative designs, such as the Taiwan/CETRA Outstanding Product Award. Dahon will be returning to such an important market with a greater focus,” says Dr. David Hon.