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Wintek shareholders meeting decides GDR issue for more CSTN LCD investments in China

Gloria Chen and Andy Liu, Taipei; Shih-wei Kao, DIGITIMES Asia 0

At its April 16 shareholders meeting, Wintek decided to raise the maximum limit on its investments in China from 20% to 40% of its net worth and issue US$103 million in GDRs (global depositary receipts) for further investment in China and material procurement...

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