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Nanya gets approval to cut capital

Josephine Lien, Taipei; Jessie Shen, DIGITIMES Asia 0

Nanya Technology has received approval from Taiwan's Financial Supervision Commission (FSC) to reduce its capital by 66.43% to NT$15.76 billion (US$479.03 million). The DRAM maker will then move to raise capital through private placement and a rights...

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