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Inotera to raise NT$7.7 billion

Josephine Lien, Taipei; Jessie Shen, DIGITIMES Asia 0

Inotera Memories has revealed plans to raise an additional paid-in capital of NT$7.7 billion (US$251.6 million) through issuing 1.1 billion new shares. The new funds will be used to buy equipment and repay debts.

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