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Newmax to issue new shares

Adam Hwang, DIGITIMES, Taipei 0

Optical lens module maker Newmax Technology will raise paid-in capital of NT$2.07 billion (US$66.7 million) by issuing 25 million new shares for sale at NT$82.80 per unit, 34.55% lower than its closing stock price of NT$126.50 on July 2.

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