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LED chipmaker Formosa Epitaxy to raise NT$800 million

EDN, February 24; Carrie Yu, DIGITIMES Asia Friday 24 February 2006 0

Formosa Epitaxy plans to raise NT$500 million via an ECB (euro convertible bond) and NT$300 million via capital increase, with the price of the bond to be determined next month. The company saw sales decline to NT$51.96 million last month, due to seasonal...

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