Wintek re-opens Taiwanese GDR market

Nomura completes the first GDR from Taiwan in over six months.
November 14, 2002

A 14 million unit offering was priced at New York's close Wednesday raising $53.7 million for a manufacturer which makes small LCD screens used in mobile phones and PDA's. Pricing came at $3.835 representing a 20% discount to the stock's NT$33.2 close, or a 16% discount to a 20-day moving average.

Sign in to read on!

Registered users get 2 free articles in 30 days.

Subscribers have full unlimited access to FinanceAsia.

Not signed up? New users get 2 free articles per month, plus a 7-day unlimited free trial.

Questions?
See here for more information on licences and prices, or contact [email protected].

Share our publication on social media
Share our publication on social media