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Newswatch: PTI issued GDR in Hong Kong

EDN, January 18, Taipei; Esther Lam, DIGITIMES 0

JP Morgan Chase priced a US$106 million global depositary receipt (GDR) issue for Taiwan memory packaging and testing firm Powertech Technology Inc. (PTI) at an equivalent of NT$110 per common share, a 4% discount on the company’s closing stock...

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