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STN LCD producer Wintek gets shareholder approval for GDR issue

Gloria Chen, Taipei; Shih-wei Kao, DIGITIMES Asia 0

Wintek shareholders today approved a plan to issue 100 million new shares in global depositary receipts (GDRs) to raise US$115 million. The funds will go towards financing overseas material purchasing, working capital for Wintek’s TFT LCD production...

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