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Nan Ya Technology to raise NT$10 B. for expanding DRAM production.
(From Taiwan Economic News)
Taipei, Sept. 30, 2002 (CENS)--Nan Ya Technology Corp. said yesterday it would raise NT$10 billion by issuing new shares for procuring the latest 0.14 micron-based DRAM facilities and financing investment in the12-inch wafer plant proposed by Hwa Ya Semiconductor Corp. Nan Ya Technology originally planned to raise NT$14 billion in funds by issuing GDRs at a premium price of NT$40 per share. Its board of directors decided to change the issuing plan as a result of the bearish stock market performance recently
Both ProMos Technologies Inc. and Powerchip Semiconductor Corp., two other major DRAM makers in Taiwan, issued their global …
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